The Midwest apartment market has enjoyed an impressive run over much of the past decade. And now, as we enter the final months of 2019, that run is set to continue. That’s the point driven home by JVM’s Jay Madary in his new guest column for RE Journals.
The steady rent growth and solid operating fundamentals found in apartment markets throughout the Midwest hold a considerable appeal for multifamily investors.
Apartment demand in the Midwest continues to grow, as strong unemployment rates are keeping absorption of new units high.