Keyword: multi-family real estate
Multi-family real estate vacancies are up, rents are down
The perfect storm for renters For renters in America, the perfect storm is here, but for landlords, the news isn’t so pretty. According to Reis Inc, U.S. apartment rent amounts dropped in the first quarter, the vacancy rate continues to rise and unemployment is hampering tenant demand. Effective rent is down 1.5% from 2009 and actual rents recieved fell to ...
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 ...
Multi-family real estate vacancies are up, rents are down
The perfect storm for renters For renters in America, the perfect storm is here, but for landlords, the news isn’t so pretty. According to Reis Inc, U.S. apartment rent amounts dropped in the first quarter, the vacancy rate continues to rise and unemployment is hampering tenant demand. Effective rent is down 1.5% from 2009 and actual rents recieved fell to ...
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 ...













