Multifamily investors should keep an eye on this market
12/08/2018 | The Real DealMultifamily investors looking for places to put their cash may want to consider workforce housing.
The market — which is rental communities for low- to median-income workers — has outperformed the broader multifamily market, according to a new CBRE report cited by HousingWire. The segment has gotten a boost from low vacancy rates and above-average rent growth, and, because a small supply of workforce housing has been built in the last decade, there’s opportunity for both renovating the existing supply and building new housing.
https://therealdeal.com/2018/12/08/multifamily-investors-should-keep-an-eye-on-this-market/