Landmark Gateway

  • Apartment Stock Poised to Rise in 2014

    Apartment performance in the Greater Washington, D.C. area could lag this year, as the booming construction hits right at a time when the metro’s job market is cooling down.

    Midatlantic 17 January 2014 17:10
  • Will Washington D.C. Apartment Performance Lag in 2014?

    The construction boom hits right at a time when the metro’s job market is cooling down. Marcus & Millichap Real Estate Investment Services anticipates that the region’s apartment stock will rise 3.4 percent in 2014. This will result in vacancy levels not seen since 2009. Apartment completions approached record levels last year, as developers delivered around 10,000 units in the region, increasing apartment stock by 1.9 percent. Marcus & Millichap expects builders to surpass this number in 2014, and deliver an impressive 18,000 units.

    National 15 January 2014 21:27

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