Multi-family shines in otherwise tarnished real estate market
October 25, 2011
At Makowsky Ringel Greenberg, we see opportunity ahead for multi-family real estate. While institutional investors may be looking more at larger markets for opportunities to invest in new multi-family development, with occupancy rates of many area apartment communities hitting the mid to high 90’s, we believe the Memphis metro is already seeing demand begin to exceed supply. And economic and demographic factors are likely to make this an enduring trend. Read more in this recent Daily News article profiling some of the things we’ve been doing at MRG to maintain some of the most competitive occupancy and retention rates in the market.