norfolk multi-family property news

Nestled where the Chesapeake Bay meets the Atlantic Ocean, Norfolk is the cultural, financial and entertainment heart of the Virginia waterfront. Norfolk is perfect for boaters, families, meetings, conventions, reunions, romantic getaways and more. (Norfolk Convention & Visitors Bureau )


Tight Occupancy Rates, But Minimal Rent Growth in Virginia Beach/Norfolk

Occupancy rates remain very strong in all but a couple Tidewater-area submarkets, but rent growth has been limited essentially across the board. Why? Blame the local economy.

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