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Portland No. 11 apartment market in U.S.

Portland is one of the leading markets for apartments in a new report out this week.

Marcus & Millichap Marcus & Millichap Latest from The Business Journals Notable Commercial Real Estate DealsMid-Market pioneer files Chapter 11 bankruptcyMultifamily lending began an  encouraging rebound in 2010Follow this company  Real Estate Investment Services ranked Portland at No. 11 in its 2012 apartment report. It was No. 17 on the 2011 list of the nation’s 44 largest markets. The report measures occupancy rates, rent growth, employment outlook, investment and other metrics.

Portland has one of the nation’s tightest markets, with a vacancy rate around three percent. It was also one of the markets with the best outlooks for job growth, following only Austin, Houston and San Jose. Read Mare…

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