When COVID-19 hit in mid-March, apartment operators quickly cut rents as demand evaporated. Today leasing volumes are “surging” and rent cuts are disappearing quickly in most big U.S. metros, reported RealPage, Richardson, Texas.
Tag: RealPage
Multifamily Leasing Bounces Back
New apartment lease signings “clawed back” to year-ago levels in late April after plunging nearly 50 percent in late March, reported RealPage, Richardson, Texas.
Commercial/Multifamily Briefs
HUD will launch a national bus tour this week focused on removing barriers to affordable housing.