Posted 3 months ago

Why Multifamily remains to be THE Choice Investment-

Why Multifamily remains to be THE Choice Investment-

Developers are building luxury Class A multifamily apartment communities yet the demand is elsewhere... Workforce housing’s demand is outpacing supply.

This Graph, from a White Paper by Bridge Investment Group Published July 2019, illustrates the lack of new completions in the Class B/C space.

We have HUGE need to fill, and service; maintaining affordability is equally important.

As a Nation we have a NEED to address and provide 4.6 million doors in order to meet the affordable rental demand over the next 12 years. This data comes from the National Apartment Association & the National Multifamily Housing Council.

I’m not part of a, workforce housing, development group; however, the acquisition, preservation, and management of existing affordable workforce multifamily apartment communities has an important role given the demand.