Apartment boom in MD headed for a slow down...

Posted By: Katie Lindner

From the Daily Record

"The apartment boom in Maryland appears headed for a slow down as big banks nationally put the brakes on lending for multifamily projects.

The Wall Street Journal reported Tuesday that credit markets for projects nationally are drying up. MPF Research found national demand for apartments drying up, according to the newspaper, with only about 57 percent of units delivered in the fourth quarter leased."

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