Phoenix Multifamily Market – CoStar Viewpoint – E700 – TT

In this Topical Tuesday’s episode, I spoke with Connor Devereux who oversees CoStar’s analytic coverage of Phoenix as the Director of Market Analytics. He is responsible for providing insight and market analysis to help clients formulate strategies, raise funds and close deals.

Be sure to tune in if you’re interested in learning about:

  • What the supply of new multifamily looks like in the Phoenix MSA and what impact that is having in property fundamentals
  • The impact of high interest rates on new development projects and what deliveries are expected to look like 2-3 years in the future
  • How new supply is impacting the different classes (A, B and C class) of multifamily properties
  • How the Phoenix economy has evolved since the Global Financial Crisis and why it’s positioned much differently than it was back then
  • Why Phoenix is uniquely strong and exciting compared to other markets moving forward

To your success,

Tyler Lyons

Resources mentioned in the episode:

  1. Connor Devereux

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