September 2019

Found 1 blog entry for September 2019.

The apartment building market had a record year in 2018 at $8.3 billion and they’re looking to potentially beat that market in 2019. At the 6 month mark of 2019, the apartment building market hit $4 billion. We’re seeing rental growth rates of over 7% on rents year after year which is a very attractive asset that, of course, people are jumping all over. At this point, the only reason 2019 wouldn’t beat that record would be that there just isn’t enough product out there. Many apartment building owners aren’t looking to sell and want to pass it down to the next, creating generational wealth. This causes huge search and demand for these types of rental properties.

New Players Entering The Game

Historically, the traditional players that were

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