Cascadia Investments, Inc. (CDIN.PK) Releases Excellent News to Shareholders about Increasing Rental Rates and Decreasing Vacancies
This Tacoma, Washington-based real estate development company recently issued a press release announcing that its current portfolio of eleven rental properties is operating at full occupancy (with a vacancy rate of only one to two days per unit) due to a waiting list of prospective tenants. This news is particularly compelling because traditionally the winter months are known for their high vacancy rates. Due to the shaky housing and credit markets, many renters (and even some homeowners) are being forced to downsize, which is creating a boom for Cascadia that should last for several months. The increasing demand has caused…