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Apartment Owners to See Outstanding Returns Through 2012

by thiryj

NREI reports:  A new report points to continued growth in the U.S. apartment market over the next two years.

Dallas-based Axiometrics Inc., a provider of data and analysis on the multifamily housing sector, says strong April performance numbers will help the industry deliver “outstanding returns” for owners and operators over the next 20 months, as effective rent growth and occupancy rates remain at near-record highs.

The result most tenants—especially in booming markets—are likely to find their wallets lightened by the rising rental rates.

Apartment Owners to See Outstanding Returns Through 2012.

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