Investors Chase Migration

Hamilton Zanze senior director Justin Fossum was one of several industry experts featured in the National Apartment Association’s Units Magazine article titled “Investors Chase Migration.” In the piece, Justin and other thought leaders detail the wide array of data and factors that multifamily investment firms employ when identifying markets for new acquisition opportunities.

Read the full article, and see below for a short excerpt.

“People are still moving to metropolitan areas in the Sun Belt, according to the latest population estimates from the U.S. Census. In the rental housing industry, Census data is the first factor in a long equation used to underwrite investments. But firms have to consider many other factors as they plan new investments or simply try to operate their existing portfolios in 2024.

For just one example, managers in many growing metro areas in the Sun Belt now offer concessions to compete with new properties around them.”