Service Request

Q3 2013 Multi-family Report Bolsters Investor Confidence

Because of the government shutdown, figures for the third quarter of the year have only unofficially declared what has long been expected: the multifamily market continues to trend upward.
Quarterly reports, recently released by a private research firm for the 2013 Q3 multifamily market, show sustained strength. Key indicators demonstrated that vacancies in pre-existing units are stable at capacity, while new developments filled rapidly. The 95.4% occupancy rate in the top 100 metro markets, coupled with an increase of 1.2% in the quarter for effective rent on new leases, signals a demand growing quicker than supply. Meanwhile, pricing continues to keep pace, rising 3.5% on middle-market projects, 3% for bottom tier, and 2% for top.
These variables in tandem paint a healthy picture of the multifamily sector now, and into the future.

Read on here

Other News

9 March, 2022

The Cabot Group Makes The Grade

Read More
5 November, 2021

THE CABOT GROUP Facilitates Opening of Golisano Behavioral Health and Wellness Center

Read More
23 November, 2020

2020 Rochester Choice Awards Winner

We are happy to accept the award for the 2020 Rochester Choice Awards by the D&C.

Read More
See All