Yardi reports another month of strong performance in the multifamily market
There’s more good news for apartment investors. The latest report from Yardi Matrix notes that long-term trends are more favorable for multifamily than for other commercial real estate segments.
Year-over-year rent growth was positive in both the lifestyle and renter-by-necessity asset classes in all eight of IMG’s investments markets. In fact, growth has remained “exceptionally consistent” in virtually every major market.
Among the nation’s leaders in forecasted rent growth are Seattle (6.5%), Charlotte (6.1%), Raleigh (5.8%), Portland (4.8%) and Atlanta (4.7%).
Download the complete August 2019 Yardi Matrix Multifamily National Report
IMG’s current portfolio consists of 2,500+ units across the U.S. Each apartment community that we acquire is thoughtfully researched and carefully selected to deliver ongoing cash flow, equity growth and tax-saving benefits over the long-term. Our track record includes 19 sponsored, full-cycle investments in this cycle. To learn more about Investor Management Group’s multifamily acquisition strategy and investment opportunities, contact Dave Mikkelsen at email@example.com or (971) 888-4010 ext. 108.