Multifamily Absorption Expected to be Significant in 2015
Open for discussion:
Although not necessarily Arizona specific, GlobeSt Article on RealShare Conference in LA does speak about what apartment owners/investors/lenders are expecting with 2015 absorption rates. Arizona, as referenced in our ABInsight | Captain Hindsight article, is experiencing a Class A construction boom.
Will be interesting to see how these projects are greeted (bulk of them anyway) in late 2015-16.