National + Apartments | June 24, 2021

Origin Investments: Economic Development Marks Top U.S. Multifamily Markets

Chicago-based private equity real estate firm Origin Investments has identified the nation’s top cities for investing in or developing multifamily assets, using a proprietary machine learning database. The list, Origin’s first as the pandemic subsides, includes cities in the West, Southeast and South Central regions.

Origin has determined that the seven U.S. multifamily markets with the best potential to capitalize on post-pandemic trends are, in descending order, Phoenix; Atlanta, Charlotte, and Austin in a three-way tie; Raleigh; Nashville; and Tampa. All are undergoing tremendous economic development that will spur rent growth and attract institutional real estate investment.

“For example, healthcare technology jobs have skyrocketed, sending influxes of white-collar workers earning six-figure wages to various markets,” said Dave Welk, Origin’s managing director of acquisitions. “This is a key indicator for real estate investment because we can expect these workers to boost the local economy which ultimately will spur rent growth.”

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Inside The Story

Origin’s Welk

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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