Dupre + Scott Apartment Advisors www.duprescott.comNova – courtesy Harbor Urban & Runberg Architecture Group

It took 16 years to add 4,700 units

+5,600+70%

It took 16 years to add 550 units

+2,000+120%

Suburban (1986-90)

Urban (2012-16)

+ 1,600 units+ 160%3 years

+ 2,600 unitsAlmost double

3 years

+4,500 unitsAlmost triple

• Jobs• Gen Y• Geezers• Shift from home ownership• Shift to urban• New dynamic micro-neighborhoods• From McMansions to iHomes• Less construction of alternate housing types• New goals – Less “Leave it to Beaver” & more “Friends”• And more

It’s not just supply

Dupre + Scott Apartment Advisors www.duprescott.comNova – courtesy Harbor Urban & Runberg Architecture Group

Serenity at Juanita - 100 units – originally Willow Glen – condominium conversion in 2005

REDMOND: Colony at Bear Creek – 486 units – built between 1986 and 1990

The ViktoriaGoodman Real EstateHarbor UrbanWeber Thompson

Pillar Properties & Urbal Architecture