Nashville’s Strong Fundamentals Spur New Construction [Video]
With occupancy rates in good shape across the board, and with rent growth at unusually high levels, new apartment construction in Nashville is ramping up quickly.
With occupancy rates in good shape across the board, and with rent growth at unusually high levels, new apartment construction in Nashville is ramping up quickly.
Nashville’s apartment market is in good shape, but recently has seen its pace of improvement slow somewhat.
Nashville was one of the nation’s top-performing apartment markets in 2010, then hit a speed bump in the first half of 2011. What happened in the third quarter? Good things.
The Southeast’s big stand-out product segment across the various metros right now is the top half of the market in Nashville.
Greg Willett and Jay Parsons look at markets that had high expectations going into 2011, but so far have not lived up to the hype.
Tennessee’s three largest apartment markets performed very differently in 2010. Not surprisingly, Nashville stands above Memphis and Knoxville.
With revenues up more than 10 percent so far in 2010, Nashville has been one of the nation’s top-performing apartment markets.