LACKEY SEES JUMP IN APT ACTIVITY
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|Another trend both in Atlanta and across the nation is the surge in multifamily activity, both from an investment standpoint and now an emerging development boom. In just the past few weeks, another high-rise Midtown apartment tower was announced, and is among many new apartment projects. Real Professionals Network's CEO Rick Lackey (above) says he expects even more announced projects this year, given readily available debt. Even the members in his organization are getting involved in the multifamily development cycle. ?We'll definitely see new multifamily development in 2012. If anything, it's going to increase.?|