Latest Breaking News On - Mid america apartments - Page 5 : comparemela.com

Real estate investment trusts (REITs) that own and manage apartments are expected to see a bump in their revenue from a rise in renewed leases and rental deals as fewer Americans chase their dreams of buying a new home due to higher borrowing costs. REITs have been able to charge 3-5% higher rates for tenants looking to renew their leases and that figure has remained steady for a while. Contrast that with a less than 1% hike in new lease rates, which in some markets have also turned negative, given the competition to boost the occupancy rate.

United statesJohn kimWedbush andersonRobert stevensonArpan vargheseRichard andersonAnanta agarwalRichard campoJanney montgomery scottCamden property trustAvalonbay communitiesEquity residentialMid america apartmentsMarket john kimReal estate investment trusts sub indexMontgomery scott