Will 2011 Get Better? Multifamily By The Numbers

Jeffrey Lee's cover story for Units Magazine, the National Apartment Association's monthly publication, predicts the US economy will improve in 2011 with GDP growth at around 3%.  It also says to expect "demographic delight" and virtually no new completions. The consensus view seems to be that rents should bounce back strongly in 2011. Witten Advisors predicts rents will increase 4.5% in 2011 as operators become aggressive in raising rents with little fear of losing customers to other housing options. MPF Research predicts occupancy will rise above the 95% mark nationally, up 1 to 1.5%. Click here to read the full article.