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Experts predict multifamily market recovery as deals close

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Experts predict multifamily market recovery as deals close

While Austin’s multifamily scene is experiencing elevated vacancies leading to depressed rental rates and an overall lull in the market, deals are still getting closed and experts predict a market recovery in the metro’s future. This report details a few deals that have recently closed. And at the end of this article, check out the ABJ’s latest list of commercial building owners in the region.