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The word 'multifamily' is correct and commonly used in written English
It is an adjective that describes something that is intended for or suitable for multiple families. You can use the word 'multifamily' when referring to housing or real estate properties that are designed for multiple families to live in, such as apartment buildings or townhouses. Example: The new development project will include both single-family homes and multifamily apartments, providing a diverse range of housing options for the community.
Dictionary
multifamily
noun
A residence intended for more than one family.
Exact(60)
Although its primary goal was to create single-family and multifamily homes, the agency has also allocated funding for more specific housing purposes.
In the United States such laws tend to rely on single-use zoning, a practice that restricts an area to the development of one particular land-use type (such as single-family residential, multifamily residential, commercial, institutional, and light industrial) in an effort to separate "incompatible" land uses from one another.
The Pueblo peoples lived in compact, permanent villages and resided in multifamily buildings (see pueblo architecture).
"We have some of the most expensive property straight up Central Avenue; we have a large population of multifamily housing, heavy Hispanic population.
Like other seasoned landlords, she knew who owned which multifamily house, which church, which bar; knew the neighborhood's vicissitudes of life, its shades and moods; knew which blocks were drug-soaked and which were quiet.
The three-day tour started early on a cold Thursday on the ground floor of a multifamily apartment building on East Fifth Street.
Now there are hopeful clusters of multifamily dwellings and low-rises amid the stretches of ruined buildings and empty lots.
Yet on the broad porches of those multifamily dwellings — wooden tenements — that I stared at from the streetcar I had seen quite young bearded men wearing shiny black hats and thick, dark suits, and old, bearded men in black skullcaps and their undershirts, and, no doubt, pale boys, too, looking old and solemn for their size.
Trepp reports that 15.8 percent of all multifamily housing loans in securitizations are delinquent, and that industry has replaced hotels as the sector with the largest proportion of problem loans.
The acquisition comes at a time when shares of once-red-hot multifamily REITs have softened even though rents and occupancy remain strong.
THE rental market's strength may be enticing some buyers to look at multifamily properties, but qualifying for a mortgage on rental units is often more difficult than on a single-family residence.
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