Sentences with phrase «surge in new apartment»
Continued positive multifamily demand fundamentals and ready access to capital at attractive rates is fueling a surge in new apartment development, according to industry executives.
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Simply put, the flood of capital chasing urban, luxury apartments has created a surge in new supply that — in turn — creates challenges for investors to achieve pro forma growth.
«The apartment rental market softened in the first quarter, but not as much as expected given a surge in new supply.
Apartment Demand Soars in Tandem With Supply Wave With new apartment supply levels surging toward two - decade highs, occupancy rates had been expected to cool Apartment Demand Soars in Tandem With Supply Wave With new apartment supply levels surging toward two - decade highs, occupancy rates had been expected to cool apartment supply levels surging toward two - decade highs, occupancy rates had been expected to cool somewhat.
Source: «U.S. Housing Starts Hit 6 - Month High, Permits Up,» Reuters News (July 19, 2011) and «Apartment and Condo Construction Drives 14.6 Percent Surge in New Homes in June,» Associated Press (July 19, 2011)