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Why this apartment developer is deploying $1 billion of new capital toward older buildings

Toby Bozzuto, CEO of Bozzuto Group, calls the oversupply in multifamily real estate "temporary."

BusinessBy Wire ServicesFebruary 26, 20261 min read

Last updated: April 3, 2026, 9:44 PM

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Why this apartment developer is deploying $1 billion of new capital toward older buildings

Toby Bozzuto, CEO of Bozzuto Group, calls the oversupply in multifamily real estate "temporary."

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