The multifamily sector is showcasing surprising resilience, with suburban markets emerging as strong performers, even as urban core vacancies begin to stabilize. Recent data indicates a notable shift in renter preferences, with increased demand for spacious units and outdoor amenities driving occupancy rates in suburban areas. This trend is fueled by the desire for more…
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The multifamily market is experiencing a significant uptick in value-add renovation projects, driven by a desire to enhance property appeal and maximize returns. This trend is gaining momentum as owners recognize the potential to significantly increase rental income and property values through strategic upgrades. Recent data indicates that well-executed renovations, focusing on modern amenities and…
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The multifamily housing sector is experiencing a notable resurgence, driven by increasing rental demand and a deceleration in new apartment construction. After a period of extensive development that introduced approximately 1.2 million new apartments over the past two years, the market is witnessing heightened leasing activity, signaling a shift towards a landlord-friendly environment. Several factors…
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