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Apartment Market Updates |
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Strong Demand Spurs Rent Growth
Strong demand and an influx of new units has spurred rent growth in cities throughout the Southeast. Columbia, Greenville-Spartanburg and Charlotte have all reported rent growth above 4% and healthy rent growth continues in most markets.
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Wilmington
Real Data
06-20-2013
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Wilmington development pipeline at ten year high...
The Wilmington development pipeline is at a ten year high with more than 600 new units coming online in the past year. Demand for new units was strong, however, new supply pushed the vacancy rate up to 8.3%...Read More.
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Real Data
06-20-2013
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Rents rising in Greenville-Spartanburg...
The Greenville Spartanburg apartment market continues to post strong rent growth. Demand is driving rent growth...Read More
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Tampa Bay
Real Data
06-05-2013
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Tampa Bay occupancy at seven year high...
The Tampa Bay market continues to post strong demand allowing the vacancy rate to reach its lowest rate in seven years at 5.9%. Favorable conditions have also spurred rent growth... Read More.
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Regional News Updates |
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06-14-2013
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May Housing Chartbook...
Wells Fargo has consistently maintained a cautious view on the housing recovery, even as home prices have raced upward. Our caution stems from our focus on the underlying fundamentals for housing demand... Read More
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National
Multifamily Executive
06-17-2013
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How much student housing is too much...
Student housing’s strong fundamentals have inspired a wave of new supply that continues the modernization, and growing sophistication, of both on- and off-campus housing...Read More
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Raleigh
The News and Observer
05-13-2013
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Downtown Raleigh's redevelopment spreads east...
The ongoing revitalization of downtown Raleigh has reignited a long-dormant apartment project near Moore Square...Read More
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Orlando
Orlando Business Journal
06-19-2013
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Details on Orlando's Central Station...
Rida Development Corp., signed an agreement with Crescent Communities to develop the first phase of Crescent Central Station, adjacent to downtown’s major transit hub on the corner of Orange Avenue and Livingston Street... Read More
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Charlotte
Charlotte Business Journal
06-18-2013
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New apartment project in Charlotte's Plaza-Midwood...
Faison Enterprises Inc. and Sereo Group Inc. are planning a 200-unit apartment building on Central Avenue...Read More
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Property Management Insider
06-18-2013
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Balancing occupancy and rents in Tampa...
Most apartment markets have seen occupancy recover fully from the recession, however, there still are a few spots where occupancy needs to get a little better, and Tampa definitely is one of those locales...Read More
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Chattanooga
Nashville Business Journal
06-20-2013
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Brook's Edge under construction in Cleveland, TN...
Shumate Development is building an apartment complex off Adkisson Drive in Cleveland, TN. Brook's Edge is being built in phases and will have 400 units...Read More
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Greenville
Greenville News
06-19-2013
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Renovated Greenville apartments filling up fast...
The first buildings in The Bristol a renovated and re-branded apartment community on Cleveland Street are all but full... Read More
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Upcoming Real Data Market Reports
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Jacksonville - July 15th
Raleigh- August 1st
Richmond- August 1st
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