Multifamily pipeline could mean higher rents, fewer concessions

03/4/2010 | Wall Street Journal, The

The supply-demand dynamic in the multifamily space is getting ready to shift to favor building owners. REITs are expected to begin development of new properties -- closing $1 billion in new development projects this year alone. Tenants can expect increased rent and a cutback on the concessions they have been enjoying for the past year or so.

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Wall Street Journal, The

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