Washington, D.C.'s Southwest-Navy Yard area, a former industrial wasteland that over the last decade has become one of the fastest-growing apartment markets in the United States, ended the first quarter with one of the highest vacancy rates in the country as over construction met stifled demand in the fallout from the coronavirus pandemic.
DC's Fastest-Growing Multifamily Market Now Sports One of the Country's Highest Vacancy Rates
Stabilized Vacancy Rate Has More Than Doubled in the Southwest-Navy Yard Area
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