Phoenix Class-B Rent Growth Among Top in US

Phoenix is one of the top 10 markets for class-B rent growth, according to a new report from CBRE. The ranking illustrates the intense growth in the market, and has fueled substantial value-add investment activity. The rent growth in this specific segment of the multifamily market illustrates Phoenix’s value proposition is affordability, which has fueled population and job growth in the market in recent years.

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