Executive Summary: 2013 Survey of Operating Income & Expenses in Rental Apartment Communities

The apartment industry continued its strong performance in 2012 with an even better showing in 2013. The combination of limited supply with growing demand for rental apartments was manifest in rising rents, declining vacancies and increases in permits and starts. Continued consumer deleveraging, rising costs for food and uncertainty regarding the effect of higher taxes and fees has further solidified the nation’s move to a renter-based society. Impulse buying has been replaced by value buying. Planning ahead has been replaced by planning for the short-term. Saving for tomorrow has given way to “protecting what I have.” The beneficiary of this uncertainty and concern has been the apartment industry. Demand for apartments will remain strong.

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Event Highlights

Join Us for the MAXIMIZE: 2014 Multifamily Asset Management Conference

Multifamily Asset Management and Technology 2014  

A brief overview of just some of the technology-based opportunities for asset managers that will be discussed at the 2014 Multifamily Asset Management Conference produced by NAA and Joshua Tree...