Morgan Stanley Predicts Apartment REITS to Enjoy 6% Revenue Growth in 2012
Morgan Stanley released today its 2012 revenue forecast for apartment REITS. “Reflecting a strong demand/supply dynamic and tailwinds from declining homeownership, partly offset by a sluggish ongoing recovery for metro job growth. We forecast strong 4.4% and accelerating 6.4% same-store revenue growth for the apartment REITs in 2011 and 2012, respectively.” HFO has obtained permission to share this report from Sr. VP Brian Currier. Read the full report.
HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com