Matrix Bulletin-Occupancy Paper-April 2021 April 21, 2021

Multifamily’s quick pandemic recovery has exceptions

Multifamily performance has rebounded quickly from the pandemic slowdown, with the exception of properties in urban gateway metro submarkets. According to a study of 78,000 properties in Yardi Matrix’s database, large occupancy declines in the last year have been concentrated in a handful of cities that may take years to recover.