The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Thursday, January 6, 2011
Wall Street Journal "For Apartments, A Hot Winter"
"According to Reis data, the national apartment-vacancy rate was 6.6% in the fourth quarter, down from 7.1% in the third quarter and 8% in the fourth quarter a year ago... Effective rent, the amount paid after discounts, rose 0.5%." Read the full Wall Street Journal story.