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Information contributed by David Levin of NAI Ruhl Commercial Company.
Multi-Family Overview
Multi-family is coming off another record high year, both in terms of growth and sales volume. Per unit sale prices, once again, rocketed up in the fourth quarter after holding fairly steady most of the year.
Multi-family continues to outperform other property segments and has the lowest vacancy rate of all the major property types at 5.2%. It still accounts for the second-largest share of institutional investors' real estate holdings, behind only the office sector.
Although the n...
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