MIAMI—This week in Florida saw strong numbers come out of Orlando's multifamily market and plenty of year-end musical chairs. There were also several significant headlines on the commercial real estate development front.
BY THE NUMBERS
ORLANDO—There is a robust need for rentals in Orlando. Job gains almost twice the national rate contributed to the in-migration of nearly 76,900 people over the last 12 months. Roughly 20 percent of these additional residents are 20- to 34-year-olds, the prime renter cohort, which is generating a significant need for housing. (Source: Marcus & Millichap)
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