PHOENIX—Tyler Anderson, vice chairman,institutional properties, multifamily for CBRE,has lots of good news to share at the 2014 RealShare Phoenix Metro this December 15. With the Phoenixsector booming, he's eager to spread the news, where he'll besitting in on a RealShare Multifamily and Market Momentum panel.GlobeSt.com caught up with Anderson to get histhoughts on the multifamily sector.
“Investor capital is strong,” says Anderson. “And absorption fornew product is strong. We'll deliver 4,600 units this year and6,500 next year. Historically we deliver about 6,500, so we'll beback up to par.”
Anderson says occupancy remains in the mid-90s and is strongthroughout whole value.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
