Atlanta was ranked the second-best destination for multifamily investment dollars in the first half of this year, according to a new study by investor CONTI Capital.
Atlanta draws its strength as a multifamily market through its demographics, which skew heavily to the younger set of “prime renters,” CONTI said. This group expanded by 10,400 people, or 2.3%, in 2022, almost twice Atlanta’s overall population growth of 1.2%.
As the home to numerous colleges and universities, Atlanta has a deep pool of educated renters to pull from. Atlanta is also home to 15 Fortune 500 companies and boasts a growing tech industry.
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