As Urban Areas Experience Strong Multifamily Demand, the Sector is Expanding to the Suburbs and Beyond: Valuation Magazine
With most urban areas experiencing positive rent growth and strong demand, the multifamily sector is now seeing expansion to the suburbs and beyond, according to an article in Valuation magazine’s third quarter 2021 issue.
Valuation magazine is a quarterly publication of the Appraisal Institute, the nation’s largest professional association of real estate appraisers.
The newest issue’s cover story, “Multipurposed to the Max,” discusses howthe multifamily sector, with a few exceptions, is booming as renters nationwide reconsider their needs for space, amenities, location and lifestyle.
Read“Multipurposed to the Max” inValuation magazine’s third quarter 2021 issue.
Also in this issue:
“Out of Office” dives into appraisers' thoughts on the drastic and sudden changes in demand for office properties brought on by COVID-19. Has the pandemic rendered office property comparables useless?