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May 9, 2006

Optimism Up for Multifamily, Sector Hits Sweet Spot

By Sule Aygoren Carranza

Property managers have become more optimistic about multifamily fundamentals and the spring leasing season, according to a recent survey conducted by Bank of America. The New York City-based firm’s apartment optimism index rose 5%, from 64 in the first quarter of 2005 to 67 in the first quarter of this year.


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