What’s driving Multi Family Housing, medical facility, and hospitality construction growth in Southeast U.S.? Employment and Affordability! “The Southeast region continues to generate steady gains in commercial real estate performance as positive employment momentum converges with generally limited development pipelines,” says John Chang, first vice president, research services, at Marcus & Millichap Real Estate Investment… Continue reading Construction Growth for Florida & Georgia Multi-Family Housing & Apartments
Tag: Atlanta Medical Facilties
Construction of Apartment Housing on the Rise in Orlando, Florida & Southeastern US
Why is the construction of multi family housing and apartment buildings on the rise? Because the demand is up, rents are rising, and vacancies are few! According to property intelligence from Rent Cafe, to meet the demand of renters, we need 4.6 million new apartments by 2030. That is almost 400 new units a year. That… Continue reading Construction of Apartment Housing on the Rise in Orlando, Florida & Southeastern US