November 5, 2024 6:34 am
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How COVID is impacting tenant interest in Phoenix apartments; RLG attorney Dan Gauthier comments

By Angela Gonzales | Phoenix Business Journal

Tenant traffic at metro Phoenix apartments has steadily improved since the beginning of April, according to a new report from Radix, a Scottsdale-based data research firm that tracks apartment activity nationwide.

Research conducted through July 1 shows a narrowing gap in potential tenant visits to apartments compared with traffic during the same time last year. The gap has continuously narrowed since April 8, when traffic was three times busier in 2019 than it was in 2020 during that week.

Read the full subscription story from the Phoenix Business Journal.

“Despite increasing COVID-19 cases in Phoenix and surrounding areas, Phoenix’s apartment demand appears to continue trending up, a testament to it’s resiliency and many landlords adopting socially distanced or virtual touch points with prospective tenants.” ~ Dan Gauthier, attorney at Rose Law Group

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.