Strong Demand for Multi-Family Real Estate Shows No Sign of Slowing

Allen Matkins
Contact
The 2016 Summer/Fall Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey found multi-family developer optimism has remained strong and consistent over the previous four years it has been included in the Survey. The current economic expansion reflects a shift in tastes from primarily single-family housing to a balanced mix between single-family and multi-family housing. Though overall residential construction has remained at depressed levels in the State, multi-family construction has rebounded sharply. The See more +
The 2016 Summer/Fall Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey found multi-family developer optimism has remained strong and consistent over the previous four years it has been included in the Survey. The current economic expansion reflects a shift in tastes from primarily single-family housing to a balanced mix between single-family and multi-family housing. Though overall residential construction has remained at depressed levels in the State, multi-family construction has rebounded sharply. The Survey anticipates a 25-year high in multi-family construction during the next three years. Unlike office space, there is no evidence of a slowdown in new multi-family development. See less -
Embed
Copy

Other MultiMedia by Allen Matkins

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Allen Matkins | Attorney Advertising

Written by:

Allen Matkins
Contact
more
less

Allen Matkins on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide