Page 3 - Bridge Commons News Today

The deal comes at the end of a busy year for big apartment sales in the suburbs, which have become a popular destination among investors amid high occupancies and rising rents.

 

 

Des Moines area’s apartment vacancy rate at 6.8% Thursday, April 29, 2021 11:08 AM The following are some highlights from CBRE|Hubbell Commercial’s 2021 first-quarter multifamily market report for the Des Moines area: The vacancy rate of the 35,251 apartment units surveyed was 6.8% in the first quarter, up slightly from 6.6% in the previous quarter. The central business district had the area’s highest vacancy rate at 9.2%. The average asking monthly rent was...