Multifamily fundamentals continue to be strong, with record demand and annual absorption at high levels, Newmark’s second-quarter multifamily capital markets report found. Investors continue to favor the Sun Belt, but some Rust Belt markets like Milwaukee and Columbus have also been showing strong absorption.   

"Because of affordability and stable employment basis and perhaps lower supply growth in these markets, we have seen more investors move into those Rust Belt markets," Karaffa told Multi-Housing News Senior Editor Laura Valean in this month’s Mission Success: Women in Multifamily podcast episode.

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