Friday, September 24, 2010

Wall Street Journal: Apartment Market Heats Up

The Wall Street Journal reported this week:
"Apartment buildings are considered a sound investment: Landlords have been able to keep rents up and units filled, even during the downturn. And, since there’s been little new development in the last few years, some industry watchers expect to create a supply shortage in some markets down the road." 
Portland developer Dwight Unti was way ahead of this story, as we reported in May following Dwight's speech at the Portland Metro Multifamily Housing Association. Read the Wall Street Journal Analysis.