Empty Nesters and Millennials Drive Urban and Suburban D.C. Multifamily Market

The greater Washington D.C. area has more than 30,000 apartment units coming online, scaring some institutional investors.

The greater Washington D.C. area has more than 30,000 apartment units coming online, and JLL’s Christine Espenshade says institutional investors are coming back to the core, but are also starting to target the suburban market for higher yields.

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