Private equity real estate fund manager Origin Investments has released a report, Multifamily Markets to Watch, that cites Sun Belt markets Phoenix, Tucson, Las Vegas, Austin and Nashville as metro areas having the greatest opportunities for rent growth, investment and development for multifamily investment.

Origin used a proprietary suite of machine-learning models, as well as insights from its team real estate deal acquisition officers to arrive at its investment conclusions.

Multilytics evaluated 150 U.S. markets to identify those with the most promising fundamentals for rental rate growth by analyzing billions of data points from a variety of leading independent and government sources. Data included historical rental rates; job, population and income growth; supply and demand; recent migration changes; and housing affordability, among others. Origin combines Multilytics data with the expert knowledge of its acquisition officers to develop its investment and acquisition strategy.

“While each market is unique and has its own nuances, there are common themes across our Multifamily Markets to Watch 2022 report,” said David Welk, Origin executive managing director of acquisitions. “There is a job creation spigot that isn’t likely to be turned off anytime soon. We are seeing, and in many cases participating in, tremendous investment and development opportunities in several of these markets.”