| Historic levels of apartment construction and weaker renter demand have brought multifamily landlords’ financial performance more in line with historical levels, coming down from the fevered high of 2021. But despite the relative softness in the market and the economic headwinds that have buffeted the real estate sector, the largest publicly traded owners of multifamily properties have reported continued profits and growing rents in their fourth-quarter earnings calls with analysts in recent weeks. 
“We're still having people come in after [renters] when they do move out, willing to pay more than what we were asking the renewing resident to pay,” Mid America Apartment Communities Chairman and CEO Eric Bolton said during a Feb. 2 earnings call. “That to me, is a fairly strong indicator that the market…  Read the full story here. | | |
