Dayton
Eye-Opening Surge: How Dayton’s Sizable Rent Growth Is Actually Driven by WPAFB and a Strong Job Market
August 15, 2024
Dayton’s Economy Fuels Unprecedented Rent Growth Dayton, Ohio, has emerged as a nationwide leader in rent growth, largely due to the economic impact of Wright-Patterson Air Force Base (WPAFB). We first started investing in Dayton-area multi-family assets in 2006. As of August 2024, Dayton’s rental market is experiencing record-breaking demand, driven by a surge in…
New Job Growth in Dayton, Ohio Results in Breaking Records
October 15, 2023
A City Built on Innovation Dayton, Ohio, has a deep legacy of manufacturing and innovation. From the Wright Brothers’ piloted aircraft to the first cash register (NCR), Dayton once thrived on industrial innovation. Yet, as the decline in U.S. manufacturing accelerated through the 1990s, the region lost over 1.1 million manufacturing jobs (a 21.2% decline),…