Multifamily Markets Hardest Hit in March
A closer look at markets that suffered performance retractions in March.
A closer look at markets that suffered performance retractions in March.
This decade, more than 2 million new multifamily units have been added across the US. Does this mean that we’re approaching an overbuild? Read on to know more.
It’s June, and that means that once again, the NAA Apartmentalize Conference is mere days away. With the host city being Denver this year, we’re taking the opportunity to check-in on multifamily performance of the Greater Denver area.
So far in 2017, almost 200,000 conventional units have been absorbed and nationally the average occupancy rate is at 92.2%. That represents a growth of 0.3% in occupancy over the last six months and a national growth in occupancy of 0.1% since last month. Nationally, effective rents are up 2.9% through the last two quarters…