ABI Multifamily Report: Market Trends & Dynamics in Phoenix MSA Apartment Construction (Part 1)
ABI Multifamily’s Rue Bax and Thomas M. Brophy provide an in-depth perspective on the Phoenix multifamily market.
• Phoenix is in a construction boom - North & South Scottsdale and Tempe being the hot spots in the Valley.
• Institutional investors are “pouring money” into the market.
• Can the current rental pool sustain new inventory?