Multifamily Is Hot In Phoenix—Maybe Too Hot?
The multifamily sector in Phoenix has been making headlines lately. The fifth-largest city in the U.S. had the nation’s fastest-rising rents in November, according to data from Yardi Matrix, a California-based provider of commercial real estate market information.
New apartments in downtown Phoenix, Arizona, on a sunny day.
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“Job growth and strong in-migration continue to fuel the desert…
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