Sector Surge

Continued population in-migration and strong metrics are pushing apartment development and investment to new heights along the Gulf Coast.

  • By Kevin McQuaid
  • | 12:00 p.m. July 15, 2021
COURTESY PHOTO — Passco Cos. acquired the 338-unit Altis Promenade complex, ion Lutz, for $92.9 million.
COURTESY PHOTO — Passco Cos. acquired the 338-unit Altis Promenade complex, ion Lutz, for $92.9 million.
  • Commercial Real Estate
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Despite continued COVID-19-related uncertainties and questions about economic sustainability, apartment developers and investors along the Gulf Coast are surging ahead with new projects and purchases.

 

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