WE MANAGE APARTMENTS
Apartment Residents: 
587,085
Apartment Homes: 
346,221
Operation Dollars Spent: 
$1,516,449,300
Total Economic Contribution: 
$2,756,031,615
Total Jobs Supported: 
19,920
WE BUILD APARTMENTS
Apartment Share of Residential Permits: 
37.80%
Five-Year Change in Building Permits: 
-55.61%
Apartment Construction Spending: 
$288,200,000
Total Economic Contribution: 
$526,640,000
Total Jobs Supported: 
3,619
Market Summary: 

The Boston metro area is experiencing its strongest job growth in three years. This economic growth is fueling apartment demand in the urban core, as well as outlying areas, as people seek more affordable housing options. Construction activity is ramping up considerably to meet demand, and new unit deliveries will begin to address what’s been a severe shortage of new apartment supply. High demand is also creating opportunities to transform outlying communities close to public transit.