The next time your property management software recommends raising the rent on multifamily lease renewals, you might want to think twice. “Landlords may be reaching the limits of what they can charge for marginal rent increases,” says Victor Calanog, vice president of research and economics for Reis. Your computer system may automatically push rents higher when your apartments fill up. But residents will have to find that extra money somewhere—or they will have to ...
NREIonline.com Freemium Content
"Are Multifamily Rents Reaching Their Peak?" is FREE to access as a registered user on NREIonline.com.
Why Register for NREIonline? It's simple and free, and here is what you get:
- Access to leading real estate industry research.
- Interactive rankings of commercial real estate professionals.
- Submit your own articles, (if approved) which will appear around the site.
- Ability to comment and interact on all site content.