Because of the rising demand in apartment homes, 65 percent of multifamily companies added employees last year, according to a survey by the National Multi Housing Council, based in the District.
Companies that added staff increased their total number of employees by an average of 11 percent. Maintenance, and leasing and property management positions were in the highest demand.
Seventy-seven percent of companies rated their financial performance better in 2011 than 2010, and 78 percent expect 2012 to improve further.
The annual Apartment Compensation Survey was based on data from 93 major apartment companies and more than 50,000 employees.
The study did not provide regional breakdowns, but the Washington region’s apartment market is one of the strongest in the country.Read the full story from the Washington Business Journal.