Due to multifamily's short-term lease structures, it is the REIT most sensitive to shifts in the economic climate.
Due to multifamily's short-term lease structures, of all the REIT classes, it is the most sensitive to shifts in the economic climate: It's the first to catch cold, and the first to recover. Well, Apartment REITs have definitely come to a chilly place in 2002...... What dominates among demand and supply conditions, and how will that defining force contour the other elements to shape the market going forward? In this Apartment REIT close up, Reis's Sam Truitt speaks with Richard Anderson, multifamily-REIT analyst with Salomon Smith Barney (SSB), who advocates a fairly balanced and historically grounded approach...
Thanks to REIS, Inc.
FULL STORY: Apartment REIT Grief: Barriers, Cycles and the Job Jungle
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