Moore: Multifamily REITs will still flourish in 2012

11/17/2011 | REIT.com

Trends driving the multifamily sector's growth will remain strong in 2012, predicts Connie Moore, president and CEO of BRE Properties. However, employment growth will be necessary if multifamily REITs want to increase revenues. "What could turn this into some headwinds is if we don't ultimately get some wage growth. Without real wage growth, there will be a limit to how much we can push rents," she said.

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