Construction in multi family housing, apartments, medical communities, and the hospitality industry in Southeaster U.S. Georgia and the Carolinas are forecasted to expand as employment and the economy continue to grow. Last week we went over the development and construction growth in Florida, in our ongoing blog we look at Georgia and the Carolinas. Georgia … Continue reading Construction Growth for Georgia and Carolinas for Multi-Family Housing
Tag: senior communities construction
Apartment Rents Are Rising As Vacancies Are Declining in Southeast U.S.
Apartments in Southeastern United States may be getting smaller, but rents are rising as vacancies are declining. In prime urban locations, such as Atlanta, Charlotte, Miami, and Orlando, it is not uncommon for tenants to sacrifice living space. In fact, the average apartment constructed today is 934 square feet. That makes them eight percent smaller than apartments… Continue reading Apartment Rents Are Rising As Vacancies Are Declining in Southeast U.S.