{"id":1004144852,"date":"2016-05-25T09:27:09","date_gmt":"2016-05-25T17:27:09","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004144852"},"modified":"2020-04-27T23:05:32","modified_gmt":"2020-04-28T07:05:32","slug":"developers-favor-high-end-over-affordable-rentcafe-finds","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/","title":{"rendered":"Developers Favor High-End Over Affordable, RentCafe Finds"},"content":{"rendered":"<p>By Nadia Balint, RentCafe<\/p>\n<p>More and more trendy new apartment buildings are springing up in cities across the country. An unusually high number of upscale rental developments are being built at an unprecedented pace, redefining rental markets nationwide. The movement has spread beyond mature metro areas like Miami\u00a0or San Francisco. The apartment construction focus has shifted significantly, and cities as small as Kansas City, Mo.,\u00a0or Milwaukee\u00a0are emerging as the new markets for luxury.<\/p>\n<p>In this <a href=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/luxury-is-the-trend-in-new-rental-construction\/\" target=\"_blank\" rel=\"nofollow\">special report<\/a>, RentCafe takes a close look at which markets are seeing the greatest amount of luxury apartment development, and how that&#8217;s impacting their rental climate.<\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Top-10-markets-for-luxury-apts.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004144851\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/top-10-markets-for-luxury-apts\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Top-10-markets-for-luxury-apts.jpg\" data-orig-size=\"1019,600\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Top 10 markets for luxury apts\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Top-10-markets-for-luxury-apts.jpg?w=1019\" class=\"aligncenter size-medium wp-image-1004144851\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Top-10-markets-for-luxury-apts.jpg\" alt=\"Top 10 markets for luxury apts\" width=\"300\" height=\"177\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Top-10-markets-for-luxury-apts.jpg 1019w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Top-10-markets-for-luxury-apts.jpg?resize=300,177 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Top-10-markets-for-luxury-apts.jpg?resize=768,452 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An unusually high number of upscale rental developments are being built at an unprecedented pace. RentCafe takes a close look at which markets are seeing the greatest amount of luxury apartment development.<\/p>\n","protected":false},"author":53,"featured_media":1004144851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,22251,21742],"tags":[],"class_list":["post-1004144852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-in-focus","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Developers Favor High-End Over Affordable, RentCafe Finds - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Developers Favor High-End Over Affordable, RentCafe Finds\" \/>\n<meta property=\"og:description\" content=\"An unusually high number of upscale rental developments are being built at an unprecedented pace. RentCafe takes a close look at which markets are seeing the greatest amount of luxury apartment development.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-05-25T17:27:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-28T07:05:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Top-10-markets-for-luxury-apts.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1019\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nadia Balint\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/\",\"name\":\"Developers Favor High-End Over Affordable, RentCafe Finds - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Top-10-markets-for-luxury-apts.jpg\",\"datePublished\":\"2016-05-25T17:27:09+00:00\",\"dateModified\":\"2020-04-28T07:05:32+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8e0bb6a7e99360ae20be5feca08232f7\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Top-10-markets-for-luxury-apts.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Top-10-markets-for-luxury-apts.jpg\",\"width\":1019,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Developers Favor High-End Over Affordable, RentCafe Finds\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8e0bb6a7e99360ae20be5feca08232f7\",\"name\":\"Nadia Balint\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8a153557c36033d2e571ba2992ace3c4a2191e9d6ba0ed5d645ceb54084ec111?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8a153557c36033d2e571ba2992ace3c4a2191e9d6ba0ed5d645ceb54084ec111?s=96&d=mm&r=g\",\"caption\":\"Nadia Balint\"},\"description\":\"Nadia Balint is a senior creative writer for RENTCaf\u00e9. She covers news and trends in residential and commercial real estate and their impact on our everyday life, including rental housing, for-sale housing, real estate development, homeownership, market reports, insurance, landlord-tenant laws, personal finance, urban development, economy, sustainability, and social issues. Nadia holds a B.S. in Business Management from Northeastern Illinois University in Chicago. You can connect with Nadia via email. Nadia\u2019s work and expertise have been quoted by major national and local media outlets, including CNN, CNBC, CBS News, Curbed, The NY Post, The Chicago Tribune, The Denver Post as well as industry publications, such as GlobeSt, Bisnow, Inman News, Multifamily Executive, and The Commercial Real Estate Show. Nadia also wrote for Multi-Housing News, Commercial Property Executive, HubSpot, and more. Prior to entering the real estate industry, Nadia worked in the legal field, where she gained over 10 years of experience in business, corporate, and real estate law.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/nadia-balint-2\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Developers Favor High-End Over Affordable, RentCafe Finds - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/","og_locale":"en_US","og_type":"article","og_title":"Developers Favor High-End Over Affordable, RentCafe Finds","og_description":"An unusually high number of upscale rental developments are being built at an unprecedented pace. RentCafe takes a close look at which markets are seeing the greatest amount of luxury apartment development.","og_url":"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-05-25T17:27:09+00:00","article_modified_time":"2020-04-28T07:05:32+00:00","og_image":[{"width":1019,"height":600,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Top-10-markets-for-luxury-apts.jpg","type":"image\/jpeg"}],"author":"Nadia Balint","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/","url":"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/","name":"Developers Favor High-End Over Affordable, RentCafe Finds - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Top-10-markets-for-luxury-apts.jpg","datePublished":"2016-05-25T17:27:09+00:00","dateModified":"2020-04-28T07:05:32+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8e0bb6a7e99360ae20be5feca08232f7"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Top-10-markets-for-luxury-apts.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Top-10-markets-for-luxury-apts.jpg","width":1019,"height":600},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/developers-favor-high-end-over-affordable-rentcafe-finds\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Developers Favor High-End Over Affordable, RentCafe Finds"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8e0bb6a7e99360ae20be5feca08232f7","name":"Nadia Balint","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/8a153557c36033d2e571ba2992ace3c4a2191e9d6ba0ed5d645ceb54084ec111?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8a153557c36033d2e571ba2992ace3c4a2191e9d6ba0ed5d645ceb54084ec111?s=96&d=mm&r=g","caption":"Nadia Balint"},"description":"Nadia Balint is a senior creative writer for RENTCaf\u00e9. She covers news and trends in residential and commercial real estate and their impact on our everyday life, including rental housing, for-sale housing, real estate development, homeownership, market reports, insurance, landlord-tenant laws, personal finance, urban development, economy, sustainability, and social issues. Nadia holds a B.S. in Business Management from Northeastern Illinois University in Chicago. You can connect with Nadia via email. Nadia\u2019s work and expertise have been quoted by major national and local media outlets, including CNN, CNBC, CBS News, Curbed, The NY Post, The Chicago Tribune, The Denver Post as well as industry publications, such as GlobeSt, Bisnow, Inman News, Multifamily Executive, and The Commercial Real Estate Show. Nadia also wrote for Multi-Housing News, Commercial Property Executive, HubSpot, and more. Prior to entering the real estate industry, Nadia worked in the legal field, where she gained over 10 years of experience in business, corporate, and real estate law.","url":"https:\/\/www.commercialsearch.com\/news\/author\/nadia-balint-2\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/05\/Top-10-markets-for-luxury-apts.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004144852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004144852"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004144852\/revisions"}],"predecessor-version":[{"id":1004425351,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004144852\/revisions\/1004425351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004144851"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004144852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004144852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004144852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}