Harbor Custom Development Inc CEO Sterling Griffin tells Proactive the group has listed six multi-family projects worth $278 million in western Washington to address a housing shortage it has seen in the Puget Sound region of the state. Griffin says the group is excited about being in the multi-faming market to address what he says are rental rates increasing 'at some the highest percentages ever seen' coupled with capitalization rates 'as low as they are today,' creating significant value in multi-family.
Harbor Custom Development lists six multi-family projects in Washington to address housing shortage
