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Multifamily Market Statistics Part 2 – Class ‘A’ Leads Rent Growth, Class ‘B/C’ Leads Occupancy
As housing is a human necessity, renters will typically choose the highest quality apartment unit they can afford as close to where they work or go to school as possible. Thus, the dynamic between Class A and Class B/C apartments is as meaningful as any sub-class set...
Multifamily Market Statistics Part 1 – Rent Growth Fuels Supply Expansion
The nationwide growth in effective rents has been the catalyst of the boom in multifamily construction. This rent growth has averaged above 3% since the end of the recession. In fact, they have accelerated in 2015 with a growth of 4.7%, according to commercial real...
Multifamily Market Outlook – New Supply meeting Demand
The national multifamily market is experiencing peak levels of new supply as developers, investors, and lenders continue to start new projects in many metros across the nation. Thus, this sector, more than any other, is the subject of speculation about the potential...
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