Only 38k Multifamily units added in 2011; demand = 300k+. Grubb & Ellis 2012 Forecast

New development is picking up but is restrained by lack of lender appetite.

Senior housing to see vacancy decline below 10% also.

Via Grubb & Ellis’ 2012 Real Estate Forecast available here: http://bit.ly/xfBnmd

Thanks to Jason Brumm of G&E San Antonio

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