Who's building multi-families (20+ units)?

[Chris Winterhalter]

Who's currently developing multi-families from the ground up right now - 20+ units? I'm curious about your story, numbers, strategy etc. Your input is appreciated!

[Joel Owens]

I am not but I am curious about your project.

Here where I am at there is too many properties you can buy for way less than replacement cost.

Until that is absorbed over the years it really doesn't make sense to build new unless you had a location for strong demand and little inventory.