Lansing is #2 in United States for Multifamily Occupancy Rate
Tuesday, January 28, 2014
Posted by: Michelle Rahl
FOR IMMEDIATE RELEASE
(517) 702-3387 x 209 office
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is #2 in United States for Multifamily Occupancy Rate
Executive Magazine ranks Lansing at 97% Occupancy
LANSING, MI –
Lansing has ranked at the top of yet another national best list, this time for
having one of the highest multifamily housing occupancy rates in the country.
The metro of Lansing boasts a 97% occupancy rate for multifamily rental
housing. The list was published by Multifamily
Executive Magazine, an online magazine which provides apartment executives
with industry news, design ideas, and business strategy.
Lansing ranks second on the
list behind Naples, FL which has a 97.5% occupancy rate. According to
Axiometrics, the Dallas-based research firm that conducted the study, this year
is expected to bring more growth to the top performing metro areas.
report again affirms that Lansing gets the global economy and has made
tremendous strides in building a place conducive to young professional living
needs,” said Bob Trezise, President and CEO for LEAP. "Simply put, you cannot
move to downtown Lansing right now – the apartment market is that tight and
mixed-use buildings are that under built. Lansing is hot, once again, and
places once more on a national stage.”
Lansing Economic Area Partnership (LEAP) is a coalition of area leaders
committed to building a prosperous and vibrant region where business can
thrive. To do this, we help entrepreneurs start new businesses, help existing
businesses grow, and attract new businesses to the region. For more information about LEAP, please visit www.purelansing.com.