Challenges to multi-family profitability.

Los Angeles Business Journal (August 02, 1993)


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Summary:

Multi-family housing - Residential Real Estate - Industry Overview

Headnotes:

Extract:

Challenges to multi-family profitability.

The current leasing environment has renters in the driver's seat with property owners facing thinner margins as they compete for qualified tenants.

Recognizing that multifamily residential values probably have bottomed out and that there are few new projects being built, investors are coming back into the marke...



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