Lots of apartments you’ve been watching come out of the ground over the past year or two are about to hit the market. Properties scheduled to finish construction in the nation’s 100 largest apartment markets during the last half of 2014 total some 167,000 units, with targeted delivery timing split about evenly between the 3rd and 4th quarters.
Deliveries scheduled for the last half of 2014 top the tally from the first half of the year by roughly two-thirds. Furthermore, anticipated completions through the end of 2014 are virtually identical to the new supply total for all of calendar 2013.
Read more...The Right Timing on Peak Apartment Completions? | Property Management Insider
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