Thursday, January 21, 2016

Photo Gallery: Where Are the Most Overbuilt Apartment Submarkets? via National Real Estate Investor

Developers Concentrate Downtown

Building cranes cluster over central business districts (CBDs) in cities across the country. Many of the most overbuilt submarkets for apartment properties are in downtown areas and secondary business districts. The percentage of vacant apartments is rising sharply in some of these markets, though developers hope strong demand will eventually fill their empty units.

Read more...Photo Gallery: Where Are the Most Overbuilt Apartment Submarkets? | National Real Estate Investor

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