Boom time


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  • | 11:00 a.m. August 7, 2015
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  • Tampa Bay-Lakeland
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Investors have poured more than $1 billion into multifamily investments along the Gulf Coast since the end of the recession, pushing prices to record levels.

At the same time, fueled by rental gains and a dearth of new product, developers have proposed or built more than 50,000 new units from Tampa to Naples.

But despite all the activity, real estate professionals say the apartment market will maintain its momentum for at least the next two years.

 

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