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Will Apartment Absorption Be Challenging This Year?

SAN DIEGO—Sources on the economics panel at the recent NMHC Apartment Strategies Outlook conference say that it will be a challenging year for absorption of class A apartments, but “it won't be the end of the world.”

By Natalie Dolce | nataliedolce | Updated on February 06, 2017

SAN DIEGO—The development pipeline will slow, and it will be a challenging year for absorption of class A apartments, said Jeff Adler, VP of Yardi Matrix, but it won’t be the end of the world.

Adler served as a panelist at the recent NMHC Apartment Strategies Outlook Conference, where he said that he expects the value-add play to be good next year. “I am seeing that the class B value-add story will be a very strong story in places around where intellectual capital is maintained.” Overall, he said, “people are prepared for some challenges and are gearing up for battle.”

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