Quote:
Originally Posted by PHX31
The residences at Cityscape are 50% leased after 5 months on the market. They are hoping to be 100% leased by Christmas.
That seems a little slow to me, but it really is one of (if not the only) highrise new luxury rental apartment building in Phoenix. Is this a good leasing rate even compared to some other moderately-sized young cities? Or is this just good(-ish) for Phoenix, but woefully slow compared to other places? I really have no idea.
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Where did you get those numbers?
To me it also seems a little slow. My recollection was that 44 Monroe filled up a little faster but I wouldn't be alarmed about this, it is the summer after all.