If you are thinking about becoming a commercial real estate investor, we have some good news.  According to the National Association of Realtors®, commercial real estate markets are expected to grow in 2012. Vacancy rates are expected to trend lower and rents should rise modestly this year. In the multi-family market, which already has the lowest vacancy rates in any commercial sector, apartment rents will be rising at faster rates in most of the country this year. If new multi-family construction doesn’t ramp up, rent growth could potentially approach 7% over the next two years. The NAR also forecasts vacancies to decline 0.7 % in the multi-family rental market. Guess what that will do with investments in multi-family commercial properties?