A Closer Look at Price Class Performance in 2021
As promised in our most recent newsletter, today we take a more detailed look at 2021 price class performance.
As promised in our most recent newsletter, today we take a more detailed look at 2021 price class performance.
2021 has seen historic rent growth, but September marked the first real slowdown in apartment demand and rent growth since the spring.
The recent multifamily rebound has not been uniform, and one perspective from which some differences emerge is price class.
Lease concessions were a big part of the 2020 story, but the tide has begun to shift.
2020 brought a slew of challenges for the multifamily industry, but apartment demand has been on the comeback in recent months at the national level.
Jordan Brooks from ALN recently joined Dr. Debbie Phillips from The Quadrillion to discuss some key takeaways from 2020 multifamily performance, some causes for optimism in 2021 and much more.
One of the perspectives that especially draws out 2020 multifamily performance variance in that of price class. With that in mind, let’s take a closer look.
With 2020 drawing to a close, it’s a great time to look at how specific markets have performed so far this year. Next up, Atlanta.
Stabilized Class A properties in many areas of the country have been especially impacted as resident price sensitivity has increased.