Q4-2017-MultifamilyReport
M E T R O
B O S T O N
MARKET RE CAP
UNDER CONSTRUCTION (UNITS)
Q4 NET ABSORPTION (UNITS)
YTD NET ABSORPTION (UNITS)
TOTAL INVENTORY (UNITS)
TOTAL VACANT (UNITS)
TOTAL VACANCY RATE
ASKING RENT ($/SF)
MARKET RATE
Boston Metro
149,991
13,546
5,250
3.5%
282
3,144
$2.39
Providence Metro
26,302
1,298
868
3.3%
44
52
$1.53
Springfield / Worcester Metro
25,391
694
711
2.8%
74
(458)
$1.50
MARKET RATE TOTAL
201,684
15,538
6,829
3.4%
400
2,738
$2.17
TOTAL INVENTORY (UNITS)
AFFORDABLE RATE
Boston Metro
63,594
Providence Metro
24,464
Springfield/Worcester Metro
20,895
AFFORDABLE RATE TOTAL
108,953
MULT I FAMI LY I NVESTMENT TEAM
DAVID N. ROSS Executive Vice President 617.457.3392 dross@naihunneman.com
CARL CHRISTIE Executive Vice President 617.457.3394 cchristie@naihunneman.com
ROBERT TITO Executive Vice President 617.457.3231 rtito@naihunneman.com
DAN MCGEE Assistant Vice President 617.457.3266 dmcgee@naihunneman.com
GINA BARROSO Assistant Vice President 617.457.3261 gbarroso@naihunneman.com
ELLIOTT WHITE Assistant Vice President 617.457.3355 ewhite@naihunneman.com
IAN MCKINLEY Senior Associate 617.457.3404 imckinley@naihunneman.com
HENRY D. LIEBER Assistant Vice President 617.457.3383 hlieber@naihunneman.com
www.naihunneman.com
303 Congress Street Boston, MA 617.457.3400
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