Monday, November 26, 2012

Red Capitol Group With Portland 3rd Quarter 2012 Update

If you missed your edition, this month's Lordlord Times provides a great story on Q3 2012 Payroll Trends and Forecast, along with current absorption and vacancy rate trends. 

Important points:

  • Red Capital Research forecasts that Portland will hold the #2 lowest vacancy rate in the U.S. behind NYC through 2012.
  • Axiometrics, which surveys only larger, professionally managed properties shows a vacancy rate of 5.1%
  • Reis reports average effective rent increases of 5.4%
  • Portland ranks #3 in the Red Capital Group's "RED 50" list for effective rent summary increases

Click here to read the full paper.  

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