Apartment Firms Staff Up to Meet New Rental Demand, Survey Says

WASHINGTON, D.C. – August 17, 2012 – (RealEstateRama) — Reflecting the growing demand for apartment homes, nearly two-thirds (65 percent) of multifamily firms grew their staff last year and 62 percent increased their merit bonus pool, according to the National Multi Housing Council’s (NMHC) 2012 Apartment Compensation Survey. The annual survey, based upon the data of over 50,000 employees at 93 major apartment firms, provides detailed analysis of industry hiring practices – including salary, variable pay and total compensation of nearly 100 industry positions


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Based in Washington, DC, National Multi Housing Council (NMHC) is a national association representing the interests of the larger and most prominent apartment firms in the U.S.  NMHC's members are the principal officers of firms engaged in all aspects of the apartment industry, including owners, developers, managers and financiers.  Nearly one-third of Americans rent their housing, and more than 14 percent live in a rental apartment.

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Tel: 202.974.2300
Fax: 202.775.0112

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