multifamily

American  

[muhl-tee-fam-uh-lee, -fam-lee, muhl-tahy-] / ˌmʌl tiˈfæm ə li, -ˈfæm li, ˌmʌl taɪ- /

adjective

1. designed or suitable for the use of several or many families.

   multifamily apartment buildings.

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Etymology

Origin of multifamily

multi- + family

Example Sentences

Greystar, which is based in Charleston, S.C., manages about 333 multifamily rental properties in California that use RealPage’s pricing software, the attorney general said.

From Los Angeles Times

These rent caps apply to about three quarters of the city’s multifamily housing units.

From The Wall Street Journal

The hope for investors in multifamily real estate income trusts, or REITs, earlier this year was that rents would increase as the apartment glut came to an end.

From Barron's

Residential REITs have experienced a challenging year, with six major multifamily stocks declining by an average of 17% this year.

From Barron's

Weakening demand in the multifamily industry is primarily attributed to a softening job market and reduced job growth backdrop.

From Barron's