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Houston concession rates Houston’s class-B and -C units logged sizable concession rates in the second quarter.

HOUSTON—While the percentage of US units offering rental concessions is at some of its lowest levels in nearly two decades, some markets–mostly the country’s big construction centers–are offering concessions at notably higher rates, according to a study by RealPage. After peaking at 65.8% in fourth quarter 2009, the percentage of stabilized apartments in the US offering concessions has been on a steady downward trajectory.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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