With a large number of apartments under construction and on the market, new Dallas developments are competing to bring in residents.
That’s leading many apartment complexes to give concessions, or free rent, to potential lessees. Nationally, the apartment market has added roughly 1 million new units since 2015, and concessions are becoming more popular at lease-up properties looking to establish a resident base.
Dallas ranked fourth in a study by Richardson-based RealPage (Nasdaq: RP) for concessions…