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Are you stress testing your properties?
According to MPF Research, nominal rents for large investment-grade apartment properties slipped 0.3 percent in 2008 and then dropped 4.1 percent in 2009—both declines outpacing the change in overall prices. The weakness in 2009 was widespread, with rents down in 61 of 64 metropolitan areas.
- Jorge Vazquez
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Graystone Investment Group
85 Reviews
4.5 stars