A RealPage Replay

Here’s the replay of the RealPage webcast from last week that focused on multifamily the Mountains/Desert Region for Q4. Salt Lake is addressed at 7:35 in the presentation. Some of the highlights regarding Salt Lake City:
– Minimum overall downside risk in the market
– 16,000 units are under construction at this time
– We’re in the Top 5 – 10 nationally for inventory growth
– With all the new units coming on line, rents are starting to soften
– The demographics for the Salt Lake MSA are some of the strongest in the country
– Salt Lake has become an “important regional economy” and is predicted to remain that way for the coming decade
Contact me with any questions or comments. I can provide definitions for some of the terms used in the presentation should you be unclear.
Svikhart & Associates, a Salt Lake City-based real estate services company, focuses on asset management and the entire scope of a multifamily investment. Specific diligence is on property operations and strategies to maximize asset performance and value. Additionally, the firm assists owners regarding economic, financial, and market factors that impact returns on investment. The firm targets ‘Mid-Tier’ assets (10-to-60-unit properties) and provides a full range of brokerage services for property listing and sale.
Please find us at svikhart.com or contact us at 801-550-5684 to learn about the real estate services the firm provides.
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