Vacancy Rates On the Decline?

Vacancy Rates On the Decline?By: Nicholas A. Dunlap, CPMCB Richard Ellis reported today that multi-family vacancy rates in the United States will decline from their all-time high of 7.4% in 2009. While rents are down approximately 1% from the fourth quarter of 2009, job losses have slowed and thus, occupancy rates are increasing, pushing vacancy … Continue reading Vacancy Rates On the Decline? →

A Busy December

A Busy DecemberBy: Nicholas A. Dunlap, CPM Upon reviewing our past 10 years of operation and specifically evaluating the month of December in each year, we have finally matched our 2001-2002 numbers. The move-in count for the month thus far is just a few move-ins ahead of what we saw in 2003. In 2003, we … Continue reading A Busy December →