Keyword: apartments

Multi-Family Sector to Improve, Still in For a Rough Ride in 2010

Multi-Family Sector to Improve, Still in For a Rough Ride in 2010

The outlook is slow but optimistic According to Reuters, CB Richard Ellis (CBRE) expects apartment vacancy rates to remain high through 2010 hovering around 7%, and rent growth is not projected to resume until 2011. Apartment loan defaults are up (second only to hotels), rental rates are declining, and vacancy rates have recently been higher in multi-family than any other ...

Lani Rosales | 2009/12/14  | 11 Comments News

Multi-Family Sector to Improve, Still in For a Rough Ride in 2010

Multi-Family Sector to Improve, Still in For a Rough Ride in 2010

The outlook is slow but optimistic According to Reuters, CB Richard Ellis (CBRE) expects apartment vacancy rates to remain high through 2010 hovering around 7%, and rent growth is not projected to resume until 2011. Apartment loan defaults are up (second only to hotels), rental rates are declining, and vacancy rates have recently been higher in multi-family than any other ...

Lani Rosales | 2009/12/14  | 11 Comments News