In our recent Joseph Bernard Investor Series 2013 Apartment
Report, we highlighted
a few valuation points in comparing 2012 and 2011. The table below outlines how valuations in 2012 are very similar to 2011, with increases in price per unit and price per square foot, but cap rates remained unchanged:
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Also, here are graphs comparing valuations since 2010:
Overall, we are seeing the trends increase in all categories with Cap Rate and
GRM remaining steady for 2013.