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Apartment Industry’s Sweeping Recovery Came ‘Faster Than Anyone Predicted’

Major Landlords Post Increases in Revenue, Rents That Exceed Forecasts

AvalonBay Communities bought the 243-unit Curv apartment complex in Fort Lauderdale, Florida, for $150 million in October. (CoStar)
AvalonBay Communities bought the 243-unit Curv apartment complex in Fort Lauderdale, Florida, for $150 million in October. (CoStar)

Apartment rent, demand, sales volume, revenue — pick one, and it’s probably surging.

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