Charles J. Foschini, Berkadia’s senior managing director and co-leader for the state of Florida. Charles J. Foschini, Berkadia’s senior managing director and co-leader for the state of Florida.

MIAMI—The Southeast section of the United States dominated multifamily rent growth markets in the first quarter of this year with nine of the top 15 markets located in major urban centers in Florida, Georgia, Alabama, South Carolina and Tennessee, according to a national report released by Berkadia.

The City of Phoenix ranked as the top US multifamily growth market in the Berkadia National Trends Multifamily Report Q1 2019 with 8.9% rent growth. Four markets in the State of Florida ranked among the top 15 in the nation for multifamily rent growth, the most of any state.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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