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Exclusive Interview With David Young of Jones Lang LaSalle

SEATTLE-GlobeSt.com chats with the managing director of JLL’s capital markets group about the thriving Puget Sound multifamily market, investment and development fundamentals in this region and how it compares to other major West Coast markets.

By Carrie Rossenfeld | Updated on September 27, 2012

(Save the date: RealShare Apartments comes to the Westin Bonaventure, Los Angeles, October 24.)

SEATTLE-With apartment economists anticipating more than 26,000 new units to be delivered in the Puget Sound region between 2012 and 2015 following a 50-year low in 2011, this market is obviously poised for huge growth. GlobeSt.com chatted with David Young, managing director of Jones Lang LaSalle’s multifamily capital markets team in the Pacific Northwest recently to get his take on the factors that have contributed to this recent rebound, how the multifamily climate has changed and what’s driving the new development activity.

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