Family Office Briefing on research byTranswestern·May 5, 2023
Phoenix Multifamily Research Report - Q1 2023
Phoenix multifamily market sees rising vacancy at 8.9% in Q1 2023 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Overall Vacancy Rate | 8.9% |
| Net Absorption (Units) | 3,807Units |
| Asking Rent, NNN (PSF) | 1544$/PSF |
| Units Under Construction | 37,732Units |
Metrics extracted from the source report and independently fact-checked. Method →
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