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Multifamily Absorption Surprisingly Strong in 2020, Says Yardi Matrix  (access required)

Despite a disruptive pandemic, investor demand for multifamily real estate was strong in 2020, according to a newly released Yardi® Matrix Bulletin.  Around 252,000 apartment units were absorbed last year. That's about 1.7% of total market stock and down 12% from the 286,300 apartments purchased in 2019.  "Considering the economic and social calamity that befell the U.S., in ...

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