'We view a recession as a probability.'

'We view a recession as a probability.'

On the surface, it appears the recovery in the US apartment market has flatlined. However, Property and Portfolio Research reports several cities seem to have reached a "turning point.

In an effort to leverage the coverage of its network and capitalize on investors' interest in multifamily product, NAI Global formed a specialty practice group focused on the apartment sector.

'A thousand people a day moving to Florida is a myth.'

'A thousand people a day moving to Florida is a myth.'

More than half of a group of homeowners polled nationwide say there are benefits to renting an apartment versus owning a home. According to a survey by the National Apartment Association, 65% of 2,118 homeowners polled view renting more favorably than they did before.

The industry responds to what might be the largest merger in the multifamily industry. "I haven't seen Tishman make too many missteps in its history," is typical of the reaction.