Understanding data to analyze trends is a key aspect of commercial real estate today. That's what research firm RCKRBX is doing for the multifamily space, from migration to tenant trends.
The firm's founder and CEO, Michael Broder, who will be a speaker at GlobeSt.'s April 1 multifamily panel in New York City, told GlobeSt. based on his recent findings that some traditional strong gateway markets like Washington D.C. are trying "sort things out" in the post-pandemic world as those regions have lost residents since the public health crisis. This could be due to a number of factors such as the cost of housing or the desire to move to a warmer climate.
TRADITIONAL GATEWAYS ARE STABLE WHILE SOUTH THRIVES
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