administrator
It’s Here: This is the Freddie Mac Forecast, 2.5% Average Multifamily Rent Growth in 2024
December 20, 2023
Nationwide Rent Growth Expected to Moderate According to Freddie Mac’s 2024 multifamily forecast, nationwide apartment rent growth is projected to increase by 2.5%—slightly below the annual average nationwide rent growth for the past two decades. However, certain regions, particularly those with high levels of new supply, may experience rent declines in the short term. Despite…
The Hidden Surge: How Louisville and Cincinnati Crushed Expectations in Q3 2024 Rent Growth
November 30, 2023
Midwest Markets Continue to Dominate Rent Growth Cincinnati has emerged as one of the top-performing rental markets in the country, not just within the Midwest but across the entire United States. Alongside Louisville, Kentucky, the city has posted some of the strongest rent gains in Q3 2024. Cincinnati continues to reinforce its strength in national…
Residential Conversions Lead to Healthy Downtown Cincinnati Office Fundamentals
November 25, 2023
Not long ago, cities across the Midwest were suffering from disinvestment and a dearth of downtown growth. These cities became known as “donut hole” cities due to population centers that moved from the downtown core to outer-ring suburbs. The downtown cores of these cities were somewhat busy during the day, but virtually abandoned after 5pm…