Apartments Are a Tale of Two Worlds: CBD Versus Suburban

The apartment market has bifurcated during the pandemic with some markets showing resilience and improving fundamentals, and others showing severe distress. It isn’t random; there is a clear patter: urban markets are hurting and suburban markets are thriving. Spencer Levy, chairman of Americas research and senior economic advisor for CBRE, called the dynamic the tale of two worlds at a recent virtual CREW San Diego event….Read More