That New Renter? Probably A Single Mom

Studies by Property and Portfolio Research indicate there’s a fairly large subsection of the rental market that developers may be forgetting about.  Although  married couples (with and without children) still account for the largest
overall share of renters with 26%, single moms and single women
together comprise close to 40% of renters. The report says “Developers may want to think about how to design new apartments, or renovate
existing communities, so single moms feel at home. Kids’ rooms and outdoor play
areas might take precedence over rooftop lounges.”  Read more in the Wall Street Journal.

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