This Year is a Good Year for Multifamily Rental Investors

May 14, 2015

According to National Real Estate Investor, 2015 may be another good year for apartments, and activity in April seemed to confirm that.

“An impressive start to the peak leasing season could point to another big year for the U.S. apartment industry—counter to mainstream expectations of slowing momentum,” Jay Parsons, director of analytics and forecasts for MPF Research and RealPage Inc., tells NREI.

Rents for apartments grew faster than any other month since the recovery, topping the previous highs seen in 2011. Strong demand will absorb the flood of new apartments opening this year.

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