STRANGE THINGS HAPPENED IN THE mult...

STRANGE THINGS HAPPENED IN THE multifamily sector in 2001 Texas-based JPI, former king of the epicurism multifamily builders, produced fewer than half the units it did in 2000 from one side of to the other the same period, Regency progress to maturity a builder of affordable housing (average unit value $66771) cranked disclosed almost 7,500 units, with still more germination predicted in 2002.

What gives?

"When there's a downturn, fewer folks have jobs, so there's an upward incline in rentals," notes Dustin Mills, vice president of authority Development. "Even in normal conditions, our [affordable] market not experiences a decrease. Our goal is to labor for individuals ...