The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Wednesday, May 18, 2011
PSU Releases Quarterly Commercial Real Estate Report
The PSU Center for Real Estate has released its quarterly real estate report. The report contains the news that Reis, Inc. predicts apartment rents will jump 4.3 percent this year, marking the biggest annual increase in four years. MPF Research, which also monitors apartment rents, expects them to rise more than 5 percent this year. Click here to download the PDF of the apartment market analysis. For the complete analysis on industrial, retail and office properties, read the full report.