MIAMI—Berkadia's first quarter of 2017 South Florida Multifamily Report paints a rosy picture of the region's apartment market, with leasing activity this year outpacing leasing activity during the same period last year and pushing rents upwards.
GlobeSt.com caught up with Charles Foschini, senior managing director of Berkadia's South Florida office, to discuss the implications. (Read more insight from Foschini in the lending market here.)
GlobeSt.com: South Florida residents newly occupied 2,529 units in the first quarter 2017 and occupancy stands at close to 95%. What's driving demand right now?
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