administrator
Multifamily Deferred Maintenance: Watch Out, The Devastating Scary Mistakes That Taught a Profitable 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. Decades of development have left the Midwest multifamily housing stock heavily skewed toward 1960s and 1970s vintage construction—making multifamily deferred maintenance…
Cincinnati Rent Growth 2023: What’s Now Driving The Country’s Strongest Surge In A Year
June 18, 2023
Cincinnati Rents Surge in Q2 2023 as Other Markets Cool While nationwide apartment rent growth is slowing, Cincinnati Rent Growth 2023 has defied the trend. According to Zillow, Cincinnati experienced 7.9% year-over-year rent growth as of May 2023—the highest increase of any market in the U.S. Cincinnati’s relative affordability, walkability and strong demand continue to…
How to Make Sense of The Stunning Rise of Midwest Rent Growth Trends: What Investors Need to Know Now
June 16, 2023
Midwest rent growth trends are dominating national rankings in 2023 and signaling a shift in multifamily performance. In a market defined by volatility and oversupply, especially across the Sunbelt, the Midwest quietly continues to outperform. Recent data from CoStar Group’s Apartments.com shows that Indianapolis, Cincinnati, Columbus, and St. Louis have taken the top four spots…