At only 4.2%, apartment vacancies have not only fully recovered to their pre-COVID level, but they are also near their lowest point in more than a decade. The Class A segment, including many assets still in lease-up, has a vacancy rate of 6.5% vacancy, while less than 2% of units at the lower end of the spectrum are empty. Development activity is increasing, but near-term demand prospects appear to be solid and should position landlords to continue pushing rents.
Universal Hub | 48-unit apartment building approved on Washington Street in Dorchester 
Banker & Tradesman | Newton Multifamily Developments Get Big Transit Upgrade
Globe St | Why More Americans Are Choosing to Rent Long-Term
Bisnow | Extend-And-Pretend Has Grown The Multifamily Wall Of Maturities By 25%
Cambridge Day | MBTA says red line is cleared of all its slow zones for first time in decades, like entire system soonWe specialize in representing buyers and sellers of multi-family and mixed-use properties and buildable land throughout the Metro Boston area, providing effective strategies to maximize asset values for both private capital and institutional investors.
Boston Multifamily is the premier platform for a wide range of resources, tools, and advisory services for multifamily and mixed-use apartment building investors, and developers of land, in the Greater Boston area of Massachusetts.