Niche Housing/Hot Trends
Things to look for in 1999/2000
- Concessions by Apartments will be outstripped by Concessions by housing
- Condo’s will reenter our market for the first time since the early 80’s
- One if not two, hi-rise apartments will be announced in Downtown/Uptown
- The 5 REIT’s that own in NM will merge/sell/buy to become 3
- Cost of capital is in favor of the Non-profits