The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Thursday, March 26, 2015
U.S. Apartment Lease Renewals Reach All-Time High
U.S. apartment renters are increasingly choosing to stay put rather than move up to new apartments, move down to cheaper units or move out to buy homes. Apartment resident retention rates hit a decade-high in February 2015, continuing a five-year upward trend.