In the past 10 years, a heavy stream of high-priced new apartment supply and steadily rising rental rates in existing stock have led to vanishing vacancies at the bottom end of the product spectrum. While the more affordable Class C apartments rank as the tightest asset class on a national scale, however, a handful of local markets are defying this trend.
Read more...Class C Occupancy Rules in All but a Handful of Apartment Markets via RealPage
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