The suburbs have become multifamily’s new land of opportunity
Aug 30, 2023
“Whether the economy is stronger or weaker, there will always be steady demand for well-located, high-quality multifamily product in suburban markets.”
CP Capital Managing Director Jay Remillard recently wrote a piece for Real Assets Adviser examining why the suburbs of major metros have gained popularity among multifamily investors, developers, and tenants. In the article, Jay discusses how the fundamentals of the suburbs are “recession resilient,” the plethora of benefits for investors looking to enter deals in these markets, and why this trend will persist despite recent economic uncertainty.