In preparation for the multifamily quarterly feature in Real EstateForum magazine, we sat down with many multifamily experts fromaround the country. In the first part of this series, we talked aboutwhether or not apartment vacancy will tick upward in 2016. In part two of the series, we reviewed whetheror not the market could digest the new supply pipeline. In part three, we talk about rent growth, demand, and whether or not we canexpect it to implode in the coming years. This particular questionon multifamily, asked sources what trends they are forecasting for2016 that should be on our radar. Read the below Q&A commentaryto make sure they are on yours.
GlobeSt.com: Any multifamily trends you areforecasting for 2016 that should be on our radar? What should we beaware of? Looking forward to? Be fearful about?
Gary Goodman, SVP of Acquisitions at PasscoCos.: Multifamily developments will continue to offera superior environment for Millennials and Baby Boomers. Years ago,due to the basic nature of apartment construction, renters soughtthe better living environment in a single family home. With highend apartment finishes and elaborate common area amenities, rentinghas become much more competitive to home ownership and it is likelythat this will continue.
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