We all hear and read of the rent increases being achieved in the multifamily space. MPF Research recently reported that Dallas registered increases of nearly 5 percent in its midyear annual rent growth study. ALN reports that effective rent increased 5.76 percent from August 2010 to August 2011, and 5.3 percent when comparing August 2011 to August 2012.
At Henry S. Miller Realty Management, we experienced similar results in our Texas portfolio, seeing rents increase 7 percent in 2011 and 6.4 percent when comparing the first seven months of 2011 to the first seven months of 2012.
Read more...Real Points » Blog Archive » Ron Taylor: Multifamily Rent Increases—From a Tenant’s Perspective
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