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CLPR - Residential Multifamily Sector Fundamentals And Opportunities
February, 09 2021 02:08 PM
Clipper Realty Inc.
Supply-demand gaps are causing performance differences across metros and product classes. Overall occupancy rates and rent collections help up well during the crises, but big cities and Class A properties have suffered. Overall rent change is down 1.1%, but big cities are skewing the picture. A favorable environment for investing in multifamily apartments puts downward pressure on cap rates. Big cities will overperform when demand rebounds. For further details see:
Residential Multifamily Sector Fundamentals And Opportunities
Stock Information
Company Name:
Clipper Realty Inc.
Stock Symbol:
CLPR
Market:
NYSE
Website:
clipperrealty.com
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