Steady as she goes. Omaha had 1,650 units permitted in 2014, which is just ahead of 2013. Rents continue to increase and occupancy remains very high. In addition, a pull-back in the 10 year treasury providing easy money from lenders have also encouraged the market on the both the construction side and the sale side. Should Omaha continue to build 1,600 units for the next several years, our market should remain landlord/developer friendly.
Click to see the full report MFH Report February 2015