Occupancy Likely to Remain Elevated Through End of 2022
Average occupancy has been on the decline in recent months, but thanks to last year’s apartment demand, plenty of cushion remains.
Average occupancy has been on the decline in recent months, but thanks to last year’s apartment demand, plenty of cushion remains.
ALN Senior Marketing Analyst Jordan Brooks recently joined Rooof for a webinar discussing the critical factors affecting multifamily demand.
Senior Market Analyst, Jordan Brooks, shares final thoughts on the July 2022 article, Mid-Year Multifamily Review.
2022 is already another year of dramatic changes for the multifamily industry. Last year’s rent growth has persisted, but demand has not.
Multifamily rent growth has gotten a lot of attention in recent months, and for good reason, but construction times have grown even more.
Summer temperatures are on the rise, but apartment demand is not. A cool down that began during the winter months has persisted through June.
Senior Market Analyst, Jordan Brooks, shares final thoughts on the June 2022 article, Class A Shows Resilience
Shifting market conditions for the multifamily industry can be clearly seen in how stabilized properties have fared so far this year.
Rent growth continues to be strong across the price classes, but the slump in apartment demand is equally widespread.