Halle Hughes from our team gleaned the following insights from the Twin Cities Apartment Summit: Twin Cities DevelopmentUnit deliveries in the Twin Cities are forecasted to decline by 60% in 2025, falling from an average of 11,000 units per year to just 4,000. Notably, affordable housing will make up an estimated 40% of new construction,…
Month: January 2025
Year-End Gratitude & 2024 Accomplishments
2024 – A Year of Growth Thank you to all of our great clients and referral friends for your trust in using Simonson Appraisals as your commercial real estate appraisal and valuation partner. Your confidence in our expertise drives us to deliver excellence every day. 2024 Highlights: Major projects included: The attached chart summarizes the…