Multifamily REITs Seeing Strong Demand in Core Markets

Multifamily REITs continue to benefit from strong demand across most of their core markets, according to CEOs presenting at Nareit’s REITweek: 2019 Investor Conference.

Equity Residential (NYSE: EQR) President and CEO Mark Parrell described demand across all of the company’s markets as “vibrant,” with a portfolio occupancy rate of about 96.7%.