Tuesday, March 17, 2015

Latest Wave of New Apartments Shows Good Absorption via National Real Estate Investor

With so many new apartments being built across the country, the cities that have had the most new construction over the past five years show how the next wave of new apartments now under construction might be absorbed.

“The bottom line is a very basic story,” says Greg Willett, vice president of research and analysis for MPF Research, a division of RealPage Inc. “Building a lot of product isn’t a bad thing when there is demand there for all of those additions.”

Read more...Latest Wave of New Apartments Shows Good Absorption | Multifamily content from National Real Estate Investor

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