IN THE MIDST OF A SLUGGISH MULTI-fa...

IN THE MIDST OF A SLUGGISH MULTI-family market, defined by dint of declining rental prices and sagging demand, a small in number brave builders are bucking the turns Consider Upland, Calif.-- based Lewis Apartment Communities, which plans to unveil 4500 recent rental town-homes and villas through the whole extent of the next three years.

The company's main business is in California, where skyrocketing housing prices coupl with a relatively sinewy economy have sheltered the southern half of the state from the multifamily sink "In the last few years, we're developing more multifamily communities because we've seen a firm demand from renters who are priced disclosed ...