Phoenix’s Explosive Multifamily Market Spurring Vigorous Rent Growth and Investment Sales Activity

Update: 2022-02-09

Description

The Phoenix multifamily market recorded its strongest year on record in 2021. Continued demand fueled rent growth that was as rapid as any major market in the country. Developers are moving projects through the construction pipeline to keep pace with demand growth, while investors are aggressively pursuing potential acquisitions.

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Phoenix’s Explosive Multifamily Market Spurring Vigorous Rent Growth and Investment Sales Activity

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Phoenix’s Explosive Multifamily Market Spurring Vigorous Rent Growth and Investment Sales Activity

NorthMarq

Phoenix’s Explosive Multifamily Market Spurring Vigorous Rent Growth and Investment Sales Activity