WE MANAGE APARTMENTS
Apartment Residents: 
1,122,915
Apartment Homes: 
665,815
Operation Dollars Spent: 
$2,440,210,725
Total Economic Contribution: 
$5,233,098,688
Total Jobs Supported: 
46,993
WE BUILD APARTMENTS
Apartment Share of Residential Permits: 
41.60%
Five-Year Change in Building Permits: 
-77.45%
Apartment Construction Spending: 
$342,820,000
Total Economic Contribution: 
$780,760,000
Total Jobs Supported: 
6,256
Market Summary: 

Stable economic growth is fueling apartment demand. Following a slow period of construction, with few new unit deliveries, new apartment construction activity is once again picking up. The metro area’s pipeline of planned apartment projects is robust and new unit deliveries are expected to increase in the year ahead. The vast majority of the activity is concentrated in the area’s urban core rather than suburban submarkets.