Analyst sees bright skies for apartment builders

Home Channel News
June 9, 2011

Rents are rising, occupancy rates are high, and the apartment business is about to explode -- all of which spells good news for the multi-family construction business, according to an analyst for John Burns Real Estate Consulting, cited in a June 7 Home Channel News report. In her Housing Dimensions blog, VP Lesley Deutch cited pent-up demand from young adults, modest job recovery and government policy as the three top factors pushing this trend, according to the report.