Currently, I'm hearing a lot of talk in real estate investment circles about using lower leverage; leverage being the term we use for the percentage of debt to the purchase price of the property. In the current climate, people are preaching that to be conservative, you have to go low-leverage: around 60-65% or even lower! In many real estate asset classes like retail, industrial, or office, that would most certainly be the case. Multifamily, on the other hand, if done well is unique.