Real Estate
Jul. 29, 2003
Building for the New Apartment Market
The state's multifamily housing market is so hot that everybody's trying to break into it, including single-family, office and retail developers.
The state's multifamily housing market is so hot that everybody's trying to break into it, including single-family, office and retail developers.
Competition is heating up in the residential market because urban areas are running out of land, what little land is left is expensive and difficult to get entitled, and demographics are changing. A whole new breed of buyers and renters want multifamily housing options, especially in urban areas.
Many single-fami...
Competition is heating up in the residential market because urban areas are running out of land, what little land is left is expensive and difficult to get entitled, and demographics are changing. A whole new breed of buyers and renters want multifamily housing options, especially in urban areas.
Many single-fami...