The market has short-term challenges with long-term promise.
A special report from Institutional Property Advisors highlights three key factors for the market.
The MFE Conference speakers also delved into delivery and starts forecasts.
While activity is notable in the Sun Belt, D.C., Los Angeles, and Philadelphia, construction starts slowed to 30,800 units in the second quarter of 2023.
The metro’s multifamily market is positioned to perform well during the next few years.