Heartland Multifamily

Anyone here focused on apartments in the heartland (PA, OH, IN, WV, NY, etc)? Owners, developers, brokers, LPs, lenders?

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3 Comments

PE

Investment Analyst in PE - Other

2y

Yes, as an LP. Existing and new development. Wouldn’t consider NY as US heartland though.

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Authored by: Certified Real Estate Professional - Vice PresidentCertified Real Estate Pro

Ozymandia

?

2y

I assume you mean western NY as "heartland" (like Rochester/Buffalo). Not focused on those markets, but very present.

Big difference between WV and the rest though, maybe even IN. Small asset/portfolio sizes and small per door cost means it's tough to play in those markets unless you're located there or truly focused locally. Bit easier in PA/OH/NY since you have some actual dense urban areas.

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123CRE

RE

2y

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Authored by: Certified Real Estate Professional - 3rd+ Year AnalystCertified Real Estate Pro

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Heartland Multifamily

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