Misner's heading up of activities from the District makes strategic sense, as according to Delta Associates' Third Quarter 2003 Apartment & Condo Report, "the Washington apartment market continues to outpace the nation, with very low vacancy, high absorption rates and rents that rose modestly over the year, compared to steep declines in many markets."
But Cushman & Wakefield officials are ready to pounce on the national multifamily market, which is headed for a rebound. "We have a tremendous opportunity to expand into underserved markets," Misner says. "Regardless of the economic climate, there will always be a reason for people to buy and sell apartment buildings. My goal is to be sure that TAG has, and maintains, top-of-mind awareness nationally among our clients and the respect of our industry peers."
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
