Multifamily (Matrix)

Nashville Metro report Photo by Jonathan Ross iStockphoto.com

Nashville Multifamily Report – Winter 2019

Boosted by its creative class, Nashville has emerged over the past decade as among the most desirable places to do business in the U.S. The trend is fueling multifamily rental demand, and developers are bringing new product on line at a record pace.

Charlotte metro report Photo by Kruck20 iStockphoto.com

Charlotte Multifamily Report – Winter 2019

Above-average employment growth and positive demographic trends have boosted investment activity across the metro, where $2.5 billion in multifamily assets changed hands in 2018.

Brooklyn metro report Photo by Benedeki Stockphoto.com

Brooklyn Multifamily Report – Winter 2019

The borough’s stock expansion reached a new cycle peak in 2018, with most of the new supply geared toward high-income residents.

Manhattan Metro report Photo by Wattanapong Plymati Stockphoto.com

Manhattan Multifamily Report – Winter 2019

Apartment demand remains high across the borough, where more than 3,700 units came online in 2018, representing 1.1 percent of total inventory.

Phoenix Multifamily Report – Winter 2019

Attracted by the market’s strong fundamentals, investors closed a whopping $5.9 billion in multifamily sales in 2018, while developers also marked a high point with the delivery of 8,162 units.

Atlanta metro report Photo by Susanne Neumann iStockphoto.com

Atlanta Multifamily Report – Winter 2019

Solid population growth and a strong economy continued to boost Atlanta’s rental market, with the city ranking third for rent growth among major U.S. metros last year.

Queens Multifamily Report – Winter 2019

Continuing to benefit from Manhattan’s spillover effect and steady job gains, the borough’s rental market ended 2018 on a positive note.

Denver Multifamily Report – Winter 2019

Although deliveries hit a cycle peak, the metro’s rapidly expanding economy and steady demographic expansion continue to boost a sturdy rental market.

Chicago Metro report Photo by Sean Pavone iStockphoto.com

Chicago Multifamily Report – Winter 2019

Rent growth in the metro continued to accelerate and reached 3.2 percent year-over-year as of January, due to increasing demand, particularly for Lifestyle units.

Detroit Metro report Photo by Sean Pavone iStockphoto.com

Detroit Multifamily Report – Winter 2019

Demand is steady in Detroit, bolstered by household formation and job gains. Drawn by the metro’s low entry costs and attractive yields, investors are targeting assets with a value-add component.