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Demand for multifamily inspires optimism
Multifamily is emerging from pandemic shutdowns with all the ingredients for a strong second half of 2021. Tenant demand is higher than it has been in more than a decade, producing robust rent growth across the country. It continues unabated in fast-growing secondary markets, while gateway markets are rebounding quickly. Plus, the capital markets are favorable, thanks to high investor demand and liquid debt markets.
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