In The News | Short-term stay operators blur the line between apartment and hotel

Jon Morgan

“Developers are trying to de-risk a little bit as it relates to lease up of traditional multifamily properties,” said Jon Morgan, co-founder and managing principal, Interra Realty. “We’ve seen existing landlords that are … doing their own Airbnb units within their building because they get more rent than they would under a traditional annual or month-to-month lease.”

Read article: RE Journals