The average revenue growth of the eight apartment REITs was 4% during the third quarter.
Apartment revenue growth has made a V-shaped recovery and is now above the pre-COVID level of growth, according to a Q3 report by Markerr on large apartment REITs.
The average revenue growth of the eight apartment REITs was 4% during Q321, marking a full recovery relative to the pre-Covid growth rate. On a non-weighted market average, YoY revenue growth for Q321 was 6.2%.
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.