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BEVERLY HILLS, CA-As multifamily continues to maintain its popularity as an investment, property managers and investors are taking advantage of multifamily acquisitions and rehabilitations. While there are a number of factors that have created the boom in multifamily, the bottom line is that growing demand and low supply in some markets make multifamily renovation a smart move.

The key to making it work is remembering the fundamentals. As investors and property managers weigh market factors and consider an investment in apartment renovations, there are three important fundamentals to remember:

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