New York-based Reis says that apartment vacancies have hit record highs and will move higher. Conversely, RealFacts, a Novato, Calif.-based apartment data provider, saw occupancies rise in 29 of the 33 MSAs it covered in its third-quarter report. Neither of the conflicting reports, however, indicates when rents will stop their downward slide. More
The recession does away with fundamentals and stresses property performance across all multifamily markets and product types. Here's our report on the state of rents in the industry. More
