McLEAN, VA–In the third quarter multifamily investing conditionsgrew modestly stronger across many of the metropolitan marketstracked by the Freddie Mac Multifamily Apartment InvestmentMarket Index, or AIMI. AIMI is an index that measuresapartment investment conditions by measuring multifamily rentalincome growth, property price growth and mortgage rates.
In the third quarter, AIMI experienced a quarterly increase in11 of the 13 markets it tracks, while at the national level, itremained largely flat (0.01% growth). Only Atlanta (AIMI: -0.43%)and Seattle (AIMI: -1.34%) saw declines.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
