Good Times for Apartments

Vastly improved operating fundamentals have driven cap rates way down on apartments.  Development of new product has followed and the numbers for multifamily construction are substantially increased, particularly in primary markets.  Plus, it's not as easy to get a mortgage as in the "good" old days.  How long will it last?  When will new supply moderate the strong operating fundamentals?

An excellent analysis by Costar Group.

CoStar Group - Home

http://www.costar.com/News/Article/Will-Building-Boom-End-the-Party-for-Apt-Investors-/148604?ref=100&iid=337&cid=D712B1D91E8C961FE0BDDDA120FF8BE5