WASHINGTON DC-A stable employment market kept the market stable, says Scott Melnick, a managing director at Jones Lang LaSalle. He spoke with GlobeSt.com's John Salustri at the recent Washington DC RealShare event and expects multifamily rent growth this year.

NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.