administrator
Cincinnati Leads the Country in Multifamily Rent Growth
October 22, 2023
The Midwest region has topped the charts for multifamily rent growth since the start of 2023, and third-quarter data show that the region continues to post healthy gains. Several factors, including affordability, a balanced population growth and relatively limited completions compared to high-growth Southeast and Southwest markets, support steady rent growth throughout the Midwest. Cincinnati…
Job Growth in Dayton, Ohio is Breaking Records
October 15, 2023
Dayton, Ohio has a rich history in manufacturing and innovation. The Wright Brothers invented and manufactured the world’s first piloted aircraft in Dayton, and Dayton is also the the birthplace of the world’s first cash register (NCR). Dayton eventually boomed as a result of these and many other innovations. However, as the decades-long decline in…
The Biggest Mistake I Made (Twice!) on My Best Midwest Investments
July 25, 2023
Forget the Mistake, Not the Lesson One defining characteristic of Midwest multifamily housing stock is its age. The long decline in manufacturing employment that began in the 1970s resulted in almost no new multifamily housing construction for nearly 30 years. This means that Midwest multifamily housing stock is heavily skewed toward 1960 and 1970’s vintage…