X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Bob Pinnegar

➤➤ Join the GlobeSt.APARTMENTS (formerly RealShare) conference October 29-30 in Los Angeles. The event will analyze the opportunity in the emerging trends and conditions of the multifamily market. Don’t miss out on joining the 1000+ of the industry’s top owners, investors, developers, brokers and financiers as they gather for THE MULTIFAMILY EVENT OF THE YEAR! Click here to register and view the agenda.


ARLINGTON, VA—Multifamily developers and investors aim to rapidly build new projects as the demand for multifamily housing increases. In addition to new construction, they are also repurposing existing properties located in prime locations inside and outside of the urban core.

“Over 349,000 units were built in 2017 but they are all now absorbed. We have a 4.6 million unit deficit in the multifamily sector,” says Bob Pinnegar, president & CEO of the National Apartment Association.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.