As we move through the second half of the year, SFR’s structural strengths give it a solid foundation to grow as economic conditions continue normalizing.
Cross-Market Comparison Reveals Best-Performing Metropolitan Areas
Arbor’s Top Markets for Large Multifamily Investment Report 2023 is a roadmap for investors searching for the most desirable locations to invest $20 million or more. Developed in partnership with Chandan Economics, the study is a market-level comparison of the top 50 U.S. cities poised for apartment sector growth over the next year. This annual report pinpoints areas of opportunity at a time when economic headwinds have altered individual market dynamics.
Key Points:
- Orlando is 2023’s most desirable metropolitan market for large multifamily investment due to its robust population growth, a rapidly growing financial services sector, and low risk of natural hazards.
- The biggest cities in the U.S., including New York, Los Angeles, San Francisco, and Chicago, have become less attractive to multifamily investors as these metros become less affordable and more renters move elsewhere.
- Austin ranked second out of 50 as it continues attracting new residents and has the highest percentage of renters under 35 of all metros on the list.