December 13, 2022
Apartment REITs Report Falling Occupancy For Q3
There was some news that on the surface was bad for major apartment REITs, according to Trepp’s Commercial...

Apartment REITs Report Falling Occupancy For Q3

December 13, 2022 | Erik Sherman | GlobeSt.com

There was some news that on the surface was bad for major apartment REITs, according to Trepp’s Commercial Real Estate Direct: occupancy rates declined in the third quarter.

“The occupancy decline – the 13 companies had a weighted average decline of 0.35% from the second quarter and a 0.61% drop from last year’s third quarter – was no surprise as they all pushed rents higher,” said the report.

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