Multifamily / Page 32

Housing demand is dramatically outstripping supply, leading to double-digit rent growth in the Southeast.   The Sunbelt region is ground zero for multifamily investment. For the last decade, cities across the Sunbelt have seen substantial population growth and have attracted corporate relocations—and investment capital has followed. Now, according to Austin Graham, senior associate at Mathews Real Estate […]

  Located just 30 minutes south of Los Angeles, the City Long Beach is the second-largest city in the Los Angeles metropolitan area and the third-largest in Southern California behind Los Angeles and San Diego. According to the U.S. Census Bureau, the city totals approximately 80 square miles of real estate and is home to […]

  As the state’s capital, Columbia is home to South Carolina’s largest flagship university, which provides a renter pool of students and government employees. More than one in five employees work in the government sector, which is 40 percent more than the national average. Though multifamily growth has slowed, single-family home construction has increased by […]

The Matthews Podcast | Episode #2 The Hunt for Yield | Multifamily Investors Shift Capital In this episode of the Matthews™ Podcast, specialized agents dissect the investment shifts occurring in the multifamily space with Matthews™ Market Leader, Matthew Wallace. We are joined by CRE experts Daniel Withers Senior Vice President and Senior Director of Multifamily, […]

Augusta’s multifamily market has favorable fundamentals – a decreasing vacancy rate, increasing rents, and strong population growth. Augusta holds a large base of government and government-related jobs, helping stabilize the local economy. In 2013, the U.S. Army Cyber Center of Excellence announced its move to Augusta, adding jobs directly from the military and influencing relocation […]

  Despite the continuing effects of the COVID-19 pandemic, the multifamily sector in Los Angeles remained a robust and reliable investment for both local and out-of-state investors in 2021, propelling value growth and cap rate compression. Almost every market in the metro area experienced positive gains, especially in occupancy growth. Vacancies trended down since peaking […]

The apartment sector showed resounding strength throughout 2021 with record-setting national rent gains and outsized absorption totals. The lack of available housing has propelled pricing for both single-family and rental apartment units. With renters searching for affordability in the wake of COVID-19, secondary and tertiary markets and suburban communities welcomed new residents. Apartment investment activity […]

Athens is a relatively affordable multifamily market, catering to the blue-collar workforce. The population has increased almost ten percent since 2010, primarily in downtown Athens and nearby neighborhoods. Several companies are expanding in the area, such as Wayfair, Boehringer Ingelheim Animal Health, and more. The University of Georgia resides in Athens, adding several hundred undergraduates […]

  The Greenville metro entails a growing population of one million residents along the Interstate 85 corridor. The market benefits from the boom in industrial employment, specifically in the automotive industry. Revitalization efforts are concentrated in Downtown Greenville as office-using jobs and retailers grow. The recent population boom has drawn in developers, which have expanded […]