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Mar 11, 2021
2019 appears likely to be a transitional year that will serve as a bridge from the robust conditions observed this year to sluggish “new normal” growth in 2020.
Apartment developers are paying more interest on their construction loans—but that isn’t keeping developers from planning and financing new projects.
Developers plan to deliver 337,000 new apartment units this year, up from 320,000 in 2018, according to RealPage.