Have apartment rents reached a peak?
In recent years, investing in the apartment sector seemed a surefire strategy for success. Rents were rising quickly, and rising wage growth and strong employment trends supported projections of robust fundamentals into the future.
Apartment rents rose dramatically in recent years, but the pace of growth is clearly decelerating. What does the future hold for the multifamily sector, and has rental growth reached the breaking point?
Read the full story, “The breaking point,” by Loretta Clodfelter, editorial director at Institutional Real Estate, Inc., in the September 2023 issue of Institutional Real Estate Americas, here.
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