Surprising Opportunity: Class B Apartments Outperforming in 2023
Michael Blank
Financial Freedom with Real Estate Investing | Student deals ($2B+), Author (60K+ sold), Podcast Host (900K+) | Partner at Nighthawk Equity ($310M+)
An interesting trend is emerging in the apartment space - Class B units are seeing greater rent growth and demand versus luxury and affordable properties.
Consumer confidence, easing inflation, and dodging the “100% guaranteed” recession have created a "goldilocks" zone for these middle-market rentals.
Given economic uncertainties, Class B presents an appealing blend of affordability and amenities.
And with permits for construction at record lows, supply is constrained while demand stays consistent. This signals strong fundamentals for multifamily investors willing to buy low.
The market offers unique opportunities for those who educate themselves and focus on driving forces.
How are you adjusting your commercial real estate strategy?
And for those looking to level up their apartment investing knowledge, I'm happy to provide my free 4-part Apartments 101 investors course.