Advertisement
The U.S. apartment sector turned in a near-record revenue growth performance in the second quarter of 2011, according to the preliminary results from MPF Research’s 2nd quarter 2011 survey of more than 6 million apartment units across the country.
Occupancy climbed 0.8 percentage points during the past three months, and effective rents jumped 1.7%, taking the total revenue lift for the quarter to 2.5%.
It looks as though the apartment investors also have taken note of the improved fundamentals.
