Family Office Briefing on research byLee & Associates·Jan 23, 2024
2023 Q4 Pacific Northwest - Multifamily
Pacific Northwest multifamily market shows slight absorption uptick in Q4 2023 — family offices may find co-GP opportunities as values recover.
Multifamily2023
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 6.9% |
| 12 Mo. Absorption Units | 5,736units |
| Asking Rent/Unit | 1,957$ |
| Under Construction Units | 24,982units |
| Inventory Units | 381,146units |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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