After several years of white-hot performance, the nation’s multifamily sector is beginning to post more normalized numbers. Rents and occupancy continued to rise throughout 2013, but rates of growth were a bit lower compared to the previous year. Still, make no mistake about it: with demand from Millennials and Echo Boomers expected to remain strong, 2014 should be another good year for the multifamily market.
On a recent episode of the “Commercial Real Estate Show,” my guests and I discussed the current and future performance of the multifamily sector.
Rents, Occupancy on the Rise
Read more...What Lies Ahead for the Multifamily Market? | Multi-Housing News Online
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