Origin Investments Selects 5 Multifamily Markets To Watch For 2022

Origin Investments has released their Multifamily Markets to Watch 2022 report.

The report includes five cities which the company believes are appealing markets for investors to consider, at least through 2023. The cities were selected with a methodology that includes both the Origin team’s practical experience and knowledge, as well as with input from Origin Multilytics.

Origin Multilytics is described by the company as a “proprietary suite of machine-learning models that forecasts rent growth by aggregating and analyzing more than 2.7 billion data points per month to generate alpha in multifamily real estate investment.”

So which cities are poised for multifamily investor success, according to Origin?

Phoenix: “A steady, strong influx of jobs and people have tipped the supply-demand balance in favor of multifamily housing in Phoenix, where state economic development and education initiatives are paying off with a quality workforce, both home-grown and lured from higher-cost states like California.”

Tucson: “Tucson may be the second city in Arizona, but it’s capitalizing on its proximity and relative affordability to make it a high-potential alternative to Phoenix.”

Las Vegas: “With jobs and income on the rise, Las Vegas is outgrowing its reputation as a mecca for gamblers and retirees and turning into a business-friendly alternative for out-of-staters, who love the climate and affordability.”

Austin: “One of the fastest-growing cities in the U.S. is attracting a high-quality, youthful workforce and the salaries that come with it and, despite a torrid housing market, it remains affordable compared with California and New York.”

Nashville: “The hits just keep on coming for Nashville, whose pro-business, lifestyle-friendly climate and culture continue to drive impressive growth.”

Recurring themes for the five cities include:

  • Location in a “red state,” with a low-regulation, business-friendly political climate.
  • Warm weather.
  • A robust job market.
  • Relative affordability compared to other “high status” cities in the US, such as Los Angeles or New York City.

Investors can access the entire report at OriginInvestments.com; the company has also released a related video webinar which is now available online.