Following a four-year rush in which...

Following a four-year rush in which housing starts steadily increased, the multifamily construction market apply the minds to take a downturn in 1999 According to the National Association of abiding-place Builders, 1999 will diocese an estimated 311,000 multifamily housing starts, down 93 percent from 343000 in 1998 Contributing to the decline are a stout economy and low interest rates, which enable families to opt for single-family family circles But one segment of the multifamily housing industry is reckon uponed to grow -- the downtown sector.

With many urban areas experiencing a renaissance as tourist,