Misner's heading up of activities from the District makes strategic sense, as according to Delta Associates' Third Quarter 2003 Apartment & Condo Report, "the Washington apartment market continues to outpace the nation, with very low vacancy, high absorption rates and rents that rose modestly over the year, compared to steep declines in many markets."
But Cushman & Wakefield officials are ready to pounce on the national multifamily market, which is headed for a rebound. "We have a tremendous opportunity to expand into underserved markets," Misner says. "Regardless of the economic climate, there will always be a reason for people to buy and sell apartment buildings. My goal is to be sure that TAG has, and maintains, top-of-mind awareness nationally among our clients and the respect of our industry peers."
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