{"id":9841,"date":"2024-10-07T16:43:10","date_gmt":"2024-10-07T20:43:10","guid":{"rendered":"https:\/\/www.lee-associates.com\/southflorida\/?p=9841"},"modified":"2024-10-10T17:07:10","modified_gmt":"2024-10-10T21:07:10","slug":"whats-next-for-multifamily-concessions","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/southflorida\/2024\/10\/07\/whats-next-for-multifamily-concessions\/","title":{"rendered":"What\u2019s Next for Multifamily Concessions?"},"content":{"rendered":"<div id=\"pl-9841\"  class=\"panel-layout\" ><div id=\"pg-9841-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-9841-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9841-0-0-0\" class=\"so-panel widget widget_sow-image panel-first-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-c67d20f9f743-9841\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/10\/PR-Banner-Media-Feature_Multi-Housing-News.png\" width=\"1250\" height=\"521\" srcset=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/10\/PR-Banner-Media-Feature_Multi-Housing-News.png 1250w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/10\/PR-Banner-Media-Feature_Multi-Housing-News-512x213.png 512w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/10\/PR-Banner-Media-Feature_Multi-Housing-News-768x320.png 768w\" sizes=\"(max-width: 1250px) 100vw, 1250px\" title=\"Multi-Housing News Discusses Apartment Concessions Trends in South Florida with Principal, Matthew Jacocks\" alt=\"Multi-Housing News Discusses Apartment Concessions Trends in South Florida with Principal, Matthew Jacocks\" \t\tclass=\"so-widget-image\"\/>\n\t<\/div>\n\n<h3 class=\"widget-title\">Multi-Housing News Discusses Apartment Concessions Trends in South Florida with Principal, Matthew Jacocks<\/h3><\/div><\/div><div id=\"panel-9841-0-0-1\" class=\"so-panel widget widget_sow-editor panel-last-child\" data-index=\"1\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h1 class=\"entry-title\">'<span class=\"fl-heading-text\">What\u2019s Next for Multifamily Concessions?<\/span>'<\/h1>\n<h3><strong>A new report predicts a slowdown during the second half. Other expert opinions vary.<\/strong><\/h3>\n<div><\/div>\n<div class=\"item__title item__title--smaller\">By <a class=\"tdb-author-name\" href=\"https:\/\/www.multihousingnews.com\/author\/richardberger1\/\">Richard Berger<\/a>\u00a0<span class=\"hidden--xs hidden--sm\">\u00a0\u2013\u00a0<\/span> Multi-Housing News<\/div>\n<div class=\"item__title item__title--smaller\">October 7, 2024<\/div>\n<p>&nbsp;<\/p>\n<p>More than one in five professionally managed apartment units across the nation offered concessions in the second quarter of this year. This marks a sharp year-over-year increase, but still below the averages seen during the two previous economic growth cycles, according to Berkadia\u2019s U.S. Apartment Concessions report.<\/p>\n<p>The concessions drive is partly due to increased competition from single and multifamily completions. In areas of higher supply, more owners and operators looked to concessions as a means of attracting new renters, the report noted.<\/p>\n<p>Yet, the trend may be shifting. With a slowdown in home and apartment deliveries and a projected increase in net absorption, the report suggests that the rate of multifamily units offering concessions could drop by some 120 basis points in the second half of 2024.<\/p>\n<p>...<\/p>\n<h3 id=\"h-florida-s-significant-supply-growth\" class=\"wp-block-heading\"><strong>Florida\u2019s significant supply growth<\/strong><\/h3>\n<p>Jeff Klotz, CEO and founder of Klotz Group of Cos. in Jacksonville, Fla., operates in the Southeast and Sun Belt. He told\u00a0<em>MHN<\/em>\u00a0that one in five apartment transactions taking place with a concession sounds light and that the rate is increasing in most markets.<\/p>\n<p>\u201cOur area has experienced significant growth over the last few years,\u201d he said. \u201cI expect to see concessions offered in these markets unless something unusual is in a particular submarket, such as barriers to entry, development moratoriums, etc.\u201d<\/p>\n<p>For now, many Sun Belt and Southeast markets have softened. New deliveries are coming online into already high-supply spaces. And in some areas, migration has slowed. \u201cOnce the existing inventory is absorbed and the supply versus demand is balanced again, concessions will be less necessary,\u201d Klotz said.<\/p>\n<p>In South Florida, Matthew Jacocks, principal at Lee &amp; Associates, told\u00a0<em>MHN<\/em>\u00a0that concessions are based on product type\u00a0and depend on new project deliveries within a specific market.<\/p>\n<p>\u201cDepending on new projects in the lease-up phase, what is the saturation level?\u201d he asked. \u201cConcessions will be more of a strategy to stabilize a project quickly but will decline once a target occupancy is reached. This temporarily could trigger other competing projects to offer incentives.\u201d<\/p>\n<p>...<\/p>\n<p><a href=\"https:\/\/www.multihousingnews.com\/apartment-concessions-rise-in-popularity\/\">Read The Full Article And Explore Other Markets Here...<\/a><\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-9841-1\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-9841-1-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9841-1-0-0\" class=\"so-panel widget widget_siteorigin-panels-builder panel-first-child\" data-index=\"2\" ><div id=\"pl-w670840b06a115\"  class=\"panel-layout\" ><div id=\"pg-w670840b06a115-0\"  class=\"panel-grid panel-has-style\" ><div class=\"panel-row-style panel-row-style-for-w670840b06a115-0\" ><div id=\"pgc-w670840b06a115-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-w670840b06a115-0-0-0\" class=\"so-panel widget widget_sow-image panel-first-child\" data-index=\"0\" ><div class=\"panel-widget-style panel-widget-style-for-w670840b06a115-0-0-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-c67d20f9f743\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"https:\/\/www.multihousingnews.com\/apartment-concessions-rise-in-popularity\/\"\n\t\t\ttarget=\"_blank\" rel=\"noopener noreferrer\" \t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/10\/Multi-Housing-News.png\" width=\"213\" height=\"118\" sizes=\"(max-width: 213px) 100vw, 213px\" title=\"Multi Housing News (MHN)\" alt=\"\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<\/div><\/div><\/div><div id=\"panel-w670840b06a115-0-0-1\" class=\"so-panel widget widget_sow-button panel-last-child\" data-index=\"1\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-button so-widget-sow-button-leeassoc-bdeb4e11cd5d\"\n\t\t\t\n\t\t><div class=\"leeassoc-so-btn-base ow-button-base ow-button-align-center\">\r\n\t<a href=\"https:\/\/www.multihousingnews.com\/apartment-concessions-rise-in-popularity\/\" class=\"sowb-button ow-icon-placement-left ow-button-hover\" target=\"_blank\" rel=\"noopener noreferrer\" \t\t>\r\n\t\t<span>\r\n\t\t\t<span class=\"sow-icon-fontawesome sow-far\" data-sow-icon=\"&#xf1ea;\"\n\t\tstyle=\"\" \n\t\taria-hidden=\"true\"><\/span>\r\n\t\t\tREAD FULL ARTICLE\t\t<\/span>\r\n\t<\/a>\r\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><div id=\"panel-9841-1-0-1\" class=\"so-panel widget widget_sow-editor panel-last-child\" data-index=\"3\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h3><strong>About Lee &amp; Associates South Florida<\/strong><\/h3>\n<p>Lee &amp; Associates South Florida is a fully vertical commercial real estate brokerage firm focused on industrial, office, retail, multifamily, investment and land sectors. Our dedicated team of professionals is led by Matthew Rotolante, CCIM, SIOR a 4th generation South Florida native in a family that has owned and operated commercial property here since 1928. Lee &amp; Associates is the largest agent owned brokerage in the nation with Senior Agent\u2019s ability to earn profit share resulting in the highest splits while still receiving full resources, support and leads from our national network. Our collaborative and cheerful culture allows for open communications throughout the company, fostering the sharing of information and best practices to better enable client decision making.\u00a0 The Lee &amp; Associates\u2019 robust national network that sold and leased over $115 Billion in the last 5 years offers clients a cross-market platform of expertise and deal opportunities across all asset specialties and representation roles. For the latest news from Lee &amp; Associates South Florida, visit <a href=\"http:\/\/www.lee-associates.com\/\">leesouthflorida.com<\/a>\u00a0or follow us on\u00a0<a href=\"https:\/\/www.facebook.com\/leesouthflorida\">Facebook<\/a>,\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/leesouthflorida\">LinkedIn<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/leesouthflorida\">Twitter<\/a>\u00a0and\u00a0<a href=\"http:\/\/www.instagram.com\/leesouthflorida\">Instagram<\/a>, our company <a href=\"https:\/\/www.lee-associates.com\/southflorida\/news\/\">local news<\/a>.<\/p>\n<h3><strong>About Lee &amp; Associates<\/strong><\/h3>\n<p>Lee &amp; Associates is a commercial real estate brokerage sales, leasing and management firm. Established in 1979, Lee &amp; Associates has grown its service platform to include over 75 offices\u00a0in the United States and Canada. Lee &amp; Associates is the largest agent owned commercial real estate brokerage where agents get the greatest return for their efforts and hence are more committed and better enabled to provide superior results for their customers. \u00a0For the latest news from Lee &amp; Associates, visit\u00a0<a href=\"http:\/\/www.lee-associates.com\/\">lee-associates.com<\/a>\u00a0or follow us on\u00a0<a href=\"https:\/\/www.facebook.com\/LeeAssociatesCRE\">Facebook<\/a>,\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/lee-and-associates\">LinkedIn<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/LeeAssociatesRE\">Twitter<\/a>\u00a0and\u00a0<a href=\"http:\/\/www.linkbylee.com\/\">Link<\/a>, our company blog.<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-9841-2\"  class=\"panel-grid panel-has-style\" ><div class=\"panel-row-style panel-row-style-for-9841-2\" ><div id=\"pgc-9841-2-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9841-2-0-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"4\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-8b5b6f678277-9841\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"https:\/\/www.lee-associates.com\/southflorida\/our-team\/bert-checa\/\"\n\t\t\t\t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/01\/Blog-Footer_Services-and-Specialties-1-scaled.jpg\" width=\"2560\" height=\"384\" srcset=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/01\/Blog-Footer_Services-and-Specialties-1-scaled.jpg 2560w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/01\/Blog-Footer_Services-and-Specialties-1-300x45.jpg 300w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/01\/Blog-Footer_Services-and-Specialties-1-1024x154.jpg 1024w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/01\/Blog-Footer_Services-and-Specialties-1-768x115.jpg 768w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/01\/Blog-Footer_Services-and-Specialties-1-1536x230.jpg 1536w, https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2020\/01\/Blog-Footer_Services-and-Specialties-1-2048x307.jpg 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" title=\"Blog Footer_Services and Specialties\" alt=\"Lee &amp; Associates South Florida Commercial Real Estate\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>&#8216;What\u2019s Next for Multifamily Concessions?&#8217; A new report predicts a slowdown during the second half. Other expert opinions vary. By Richard Berger\u00a0\u00a0\u2013\u00a0 Multi-Housing News October 7, 2024 &nbsp; More than one in five professionally managed apartment units across the nation offered concessions in the second quarter of this year. This marks a sharp year-over-year increase, but still below the averages seen during the two previous economic growth cycles, according to Berkadia\u2019s U.S. Apartment Concessions report&#8230;.<\/p>\n","protected":false},"author":76,"featured_media":9842,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,1817,108],"tags":[1812],"class_list":["post-9841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-investment-sale","category-multifamily","tag-matthew-jacocks"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.7 (Yoast SEO v28.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What\u2019s Next for Multifamily Concessions? - Lee &amp; Associates South Florida<\/title>\n<meta name=\"description\" content=\"Multi-Housing News Discusses Apartment Concessions Trends in South Florida with Principal, Matthew Jacocks\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/southflorida\/2024\/10\/07\/whats-next-for-multifamily-concessions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What\u2019s Next for Multifamily Concessions?\" \/>\n<meta property=\"og:description\" content=\"Multi-Housing News Discusses Apartment Concessions Trends in South Florida with Principal, Matthew Jacocks\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lee-associates.com\/southflorida\/2024\/10\/07\/whats-next-for-multifamily-concessions\/\" \/>\n<meta property=\"og:site_name\" content=\"Lee &amp; Associates South Florida\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-07T20:43:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-10T21:07:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/10\/PR-Banner-Media-Feature_Multi-Housing-News.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1250\" \/>\n\t<meta property=\"og:image:height\" content=\"521\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"ssabatier\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ssabatier\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/2024\\\/10\\\/07\\\/whats-next-for-multifamily-concessions\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/2024\\\/10\\\/07\\\/whats-next-for-multifamily-concessions\\\/\"},\"author\":{\"name\":\"ssabatier\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/#\\\/schema\\\/person\\\/d5447dfddeb31f214f5f2eb84c74068a\"},\"headline\":\"What\u2019s Next for Multifamily Concessions?\",\"datePublished\":\"2024-10-07T20:43:10+00:00\",\"dateModified\":\"2024-10-10T21:07:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/2024\\\/10\\\/07\\\/whats-next-for-multifamily-concessions\\\/\"},\"wordCount\":697,\"image\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/2024\\\/10\\\/07\\\/whats-next-for-multifamily-concessions\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/wp-content\\\/uploads\\\/sites\\\/62\\\/2024\\\/10\\\/PR-Banner-Media-Feature_Multi-Housing-News.png\",\"keywords\":[\"matthew jacocks\"],\"articleSection\":[\"All News\",\"Investment Sale\",\"Multifamily\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/2024\\\/10\\\/07\\\/whats-next-for-multifamily-concessions\\\/\",\"url\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/2024\\\/10\\\/07\\\/whats-next-for-multifamily-concessions\\\/\",\"name\":\"What\u2019s Next for Multifamily Concessions? - Lee &amp; Associates South Florida\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/2024\\\/10\\\/07\\\/whats-next-for-multifamily-concessions\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/2024\\\/10\\\/07\\\/whats-next-for-multifamily-concessions\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/wp-content\\\/uploads\\\/sites\\\/62\\\/2024\\\/10\\\/PR-Banner-Media-Feature_Multi-Housing-News.png\",\"datePublished\":\"2024-10-07T20:43:10+00:00\",\"dateModified\":\"2024-10-10T21:07:10+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/#\\\/schema\\\/person\\\/d5447dfddeb31f214f5f2eb84c74068a\"},\"description\":\"Multi-Housing News Discusses Apartment Concessions Trends in South Florida with Principal, Matthew Jacocks\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/2024\\\/10\\\/07\\\/whats-next-for-multifamily-concessions\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/2024\\\/10\\\/07\\\/whats-next-for-multifamily-concessions\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/2024\\\/10\\\/07\\\/whats-next-for-multifamily-concessions\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/wp-content\\\/uploads\\\/sites\\\/62\\\/2024\\\/10\\\/PR-Banner-Media-Feature_Multi-Housing-News.png\",\"contentUrl\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/wp-content\\\/uploads\\\/sites\\\/62\\\/2024\\\/10\\\/PR-Banner-Media-Feature_Multi-Housing-News.png\",\"width\":1250,\"height\":521,\"caption\":\"Multi-Housing News Discusses South Florida Market with Matthew Jacocks\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/2024\\\/10\\\/07\\\/whats-next-for-multifamily-concessions\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What\u2019s Next for Multifamily Concessions?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/#website\",\"url\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/\",\"name\":\"Lee &amp; Associates South Florida\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/#\\\/schema\\\/person\\\/d5447dfddeb31f214f5f2eb84c74068a\",\"name\":\"ssabatier\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/76076ca2ed28844d4cfe0734fd8e6fd097d1b23be59a491b1b85f416f805956a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/76076ca2ed28844d4cfe0734fd8e6fd097d1b23be59a491b1b85f416f805956a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/76076ca2ed28844d4cfe0734fd8e6fd097d1b23be59a491b1b85f416f805956a?s=96&d=mm&r=g\",\"caption\":\"ssabatier\"},\"url\":\"https:\\\/\\\/www.lee-associates.com\\\/southflorida\\\/author\\\/ssabatier\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What\u2019s Next for Multifamily Concessions? - Lee &amp; Associates South Florida","description":"Multi-Housing News Discusses Apartment Concessions Trends in South Florida with Principal, Matthew Jacocks","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.lee-associates.com\/southflorida\/2024\/10\/07\/whats-next-for-multifamily-concessions\/","og_locale":"en_US","og_type":"article","og_title":"What\u2019s Next for Multifamily Concessions?","og_description":"Multi-Housing News Discusses Apartment Concessions Trends in South Florida with Principal, Matthew Jacocks","og_url":"https:\/\/www.lee-associates.com\/southflorida\/2024\/10\/07\/whats-next-for-multifamily-concessions\/","og_site_name":"Lee &amp; Associates South Florida","article_published_time":"2024-10-07T20:43:10+00:00","article_modified_time":"2024-10-10T21:07:10+00:00","og_image":[{"width":1250,"height":521,"url":"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/10\/PR-Banner-Media-Feature_Multi-Housing-News.png","type":"image\/png"}],"author":"ssabatier","twitter_card":"summary_large_image","twitter_misc":{"Written by":"ssabatier","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.lee-associates.com\/southflorida\/2024\/10\/07\/whats-next-for-multifamily-concessions\/#article","isPartOf":{"@id":"https:\/\/www.lee-associates.com\/southflorida\/2024\/10\/07\/whats-next-for-multifamily-concessions\/"},"author":{"name":"ssabatier","@id":"https:\/\/www.lee-associates.com\/southflorida\/#\/schema\/person\/d5447dfddeb31f214f5f2eb84c74068a"},"headline":"What\u2019s Next for Multifamily Concessions?","datePublished":"2024-10-07T20:43:10+00:00","dateModified":"2024-10-10T21:07:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.lee-associates.com\/southflorida\/2024\/10\/07\/whats-next-for-multifamily-concessions\/"},"wordCount":697,"image":{"@id":"https:\/\/www.lee-associates.com\/southflorida\/2024\/10\/07\/whats-next-for-multifamily-concessions\/#primaryimage"},"thumbnailUrl":"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/10\/PR-Banner-Media-Feature_Multi-Housing-News.png","keywords":["matthew jacocks"],"articleSection":["All News","Investment Sale","Multifamily"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.lee-associates.com\/southflorida\/2024\/10\/07\/whats-next-for-multifamily-concessions\/","url":"https:\/\/www.lee-associates.com\/southflorida\/2024\/10\/07\/whats-next-for-multifamily-concessions\/","name":"What\u2019s Next for Multifamily Concessions? - Lee &amp; Associates South Florida","isPartOf":{"@id":"https:\/\/www.lee-associates.com\/southflorida\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.lee-associates.com\/southflorida\/2024\/10\/07\/whats-next-for-multifamily-concessions\/#primaryimage"},"image":{"@id":"https:\/\/www.lee-associates.com\/southflorida\/2024\/10\/07\/whats-next-for-multifamily-concessions\/#primaryimage"},"thumbnailUrl":"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/10\/PR-Banner-Media-Feature_Multi-Housing-News.png","datePublished":"2024-10-07T20:43:10+00:00","dateModified":"2024-10-10T21:07:10+00:00","author":{"@id":"https:\/\/www.lee-associates.com\/southflorida\/#\/schema\/person\/d5447dfddeb31f214f5f2eb84c74068a"},"description":"Multi-Housing News Discusses Apartment Concessions Trends in South Florida with Principal, Matthew Jacocks","breadcrumb":{"@id":"https:\/\/www.lee-associates.com\/southflorida\/2024\/10\/07\/whats-next-for-multifamily-concessions\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.lee-associates.com\/southflorida\/2024\/10\/07\/whats-next-for-multifamily-concessions\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.lee-associates.com\/southflorida\/2024\/10\/07\/whats-next-for-multifamily-concessions\/#primaryimage","url":"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/10\/PR-Banner-Media-Feature_Multi-Housing-News.png","contentUrl":"https:\/\/www.lee-associates.com\/southflorida\/wp-content\/uploads\/sites\/62\/2024\/10\/PR-Banner-Media-Feature_Multi-Housing-News.png","width":1250,"height":521,"caption":"Multi-Housing News Discusses South Florida Market with Matthew Jacocks"},{"@type":"BreadcrumbList","@id":"https:\/\/www.lee-associates.com\/southflorida\/2024\/10\/07\/whats-next-for-multifamily-concessions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.lee-associates.com\/southflorida\/"},{"@type":"ListItem","position":2,"name":"What\u2019s Next for Multifamily Concessions?"}]},{"@type":"WebSite","@id":"https:\/\/www.lee-associates.com\/southflorida\/#website","url":"https:\/\/www.lee-associates.com\/southflorida\/","name":"Lee &amp; Associates South Florida","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.lee-associates.com\/southflorida\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.lee-associates.com\/southflorida\/#\/schema\/person\/d5447dfddeb31f214f5f2eb84c74068a","name":"ssabatier","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/76076ca2ed28844d4cfe0734fd8e6fd097d1b23be59a491b1b85f416f805956a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/76076ca2ed28844d4cfe0734fd8e6fd097d1b23be59a491b1b85f416f805956a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/76076ca2ed28844d4cfe0734fd8e6fd097d1b23be59a491b1b85f416f805956a?s=96&d=mm&r=g","caption":"ssabatier"},"url":"https:\/\/www.lee-associates.com\/southflorida\/author\/ssabatier\/"}]}},"_links":{"self":[{"href":"https:\/\/www.lee-associates.com\/southflorida\/wp-json\/wp\/v2\/posts\/9841","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lee-associates.com\/southflorida\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lee-associates.com\/southflorida\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lee-associates.com\/southflorida\/wp-json\/wp\/v2\/users\/76"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lee-associates.com\/southflorida\/wp-json\/wp\/v2\/comments?post=9841"}],"version-history":[{"count":5,"href":"https:\/\/www.lee-associates.com\/southflorida\/wp-json\/wp\/v2\/posts\/9841\/revisions"}],"predecessor-version":[{"id":9848,"href":"https:\/\/www.lee-associates.com\/southflorida\/wp-json\/wp\/v2\/posts\/9841\/revisions\/9848"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lee-associates.com\/southflorida\/wp-json\/wp\/v2\/media\/9842"}],"wp:attachment":[{"href":"https:\/\/www.lee-associates.com\/southflorida\/wp-json\/wp\/v2\/media?parent=9841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lee-associates.com\/southflorida\/wp-json\/wp\/v2\/categories?post=9841"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lee-associates.com\/southflorida\/wp-json\/wp\/v2\/tags?post=9841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}