High Student Debt Translates into Low Apartment Vacancies via National Real Estate Investor

As 2014 reaches the spring season, the nation’s apartment sector continues to be in outstanding shape. When the new year began, the national multifamily occupancy rate was at a 10-year high of 95.8 percent, according to a Jones Lang LaSalle (JLL) report, and the sector had just finished yet another 12 months of solid rent growth across the country.

These fine operating fundamentals have certainly caught the attention of investors: multifamily investment sales set a new record in 2013, totaling $105.4 billion in volume, up nearly 30 percent from $81.5 billion the previous year, the JLL report says.

Read more...High Student Debt Translates into Low Apartment Vacancies | Multifamily content from National Real Estate Investor