Salt Lake Metropolis, the Inland Empire and Orange County are rising as sturdy choices for multifamily traders searching for much less competitors and strong returns rivaling Solar Belt markets, in response to a brand new evaluation from CBRE.
General, personal traders’ share of whole multifamily funding elevated to 30% in 2022 from 23% in 2019, whereas institutional traders’ share rose to 10% from 7%. And whereas the share of capital being invested in garden-style and mid-/high-rise properties has stayed regular, CBRE’s consultants say “multifamily traders have redirected their geographic focus.”
