By Dallon Schultz
•
November 15, 2023
The 2008 financial crisis marked one of the most challenging periods in recent economic history, with widespread repercussions felt across various industries. Real estate, in particular, faced significant headwinds as the housing bubble burst, leading to a cascade of foreclosures and a severe credit crunch. Amidst this turmoil, the multifamily housing sector demonstrated remarkable resilience, weathering the storm better than many other real estate segments.