According to Grubb & Ellis Co.’s 2012 National Real Estate Forecast, additional growth is on tap for the U.S. multifamily sector this year, after a successful showing in 2011. All signs point to further success in multifamily. Vacancy levels continue to drop and effective rental rates are on the upswing. Click here for the rest of the article.
Video: The 2012 Apartment Market- Can We Look Forward to Another Prosperous Year? (Property Management Insider, 01/03/12)
Jay Parsons and Greg Willet of Property Management Insider discuss a set forecasts that bode well for multi-family investors; projected National rent growth of 4-4.5%, occupancy growth of up to 0.5%, and specifically growth in Class B and C properties. Click here to view the video.
L5 Real Estate Investments, LLC is a privately held investment firm focused on stable, income producing multi-family opportunities in emerging U.S. markets.