Multi-Family Market Sentiment Continues to Be Mixed

Multi-family market expectations have improved in Silicon Valley, Orange County, and San Diego, while in the other markets surveyed, panelists do not see 2023 as having higher occupancy and rental rates compared to today, according to the latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey. Overall, though the pandemic has changed the nature of the demand for apartments — both geographically and in their footprint — multi-family development is still expected to...
By: Allen Matkins

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