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Indianapolis Job Growth Is Exceeding the National Average

MULTIFAMILY MARKET SPOTLIGHT: INDIANAPOLIS

April 26, 2023

When the economy runs hot, Midwest stability is often overlooked for faster-growing regions of the country, but when uncertainty takes hold, the Midwest shines bright. Now, with Sunbelt markets weakening amidst a slowing economy and increasing supply, the Midwest is once again having its well-deserved moment in the sun. One of the most active Midwest…

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Indianapolis & Cincinnati Job Growth Surpass National Averages

March 30, 2023

Sunbelt markets like Austin, TX routinely capture headlines for the nation’s hottest jobs markets. However, February data from the U.S. Bureau of Labor Statistics show that two Midwest markets where we focus are also showing impressive post-COVID job growth. According to the BLS, employment in Indianapolis is more than 5% above local 2020 pre-pandemic levels,…

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Midwest Multifamily Investment Returns Can Rival the Sunbelt

January 23, 2023

As we enter 2023, there are fears of a looming recession, layoffs by the big tech companies are piling up and some hot multifamily markets like Las Vegas and Phoenix are posting negative rent growth. At the same time, many Midwest markets showed not just the stability they are known for, but also rent growth…

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