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MIAMI—It’s not a new story, but multifamily remains the hottest trend in the Southeast. You can measure the temperature of the multifamily market in the region by drilling into the major metros. According to Marcus & Millichap, metrowide vacancy in Atlanta has improved nearly 500 basis points since 2009 to hit 4.9%. In Miami, vacancy sits at 3.5%. Orlando sits at 6%.

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