Thursday, October 15, 2020

Multifamily Stabilization Weighed Down By Rising Concessions via GlobeSt

The multifamily market is beginning to show signs of improvement and stabilization—but still has challenges ahead in certain areas, such as a rising level of concessions.

A new report from MRI Real Estate Software found that move-in numbers have improved, behind only 3% compared to last year as of September. On the other hand, concession volume is up 21% compared to last year, while concessions values are up 13%. Since April, concession values have increased 82%.

Read more...Apartment Leasing Rebounds to Normal Levels via GlobeSt

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.