Most people are familiar with the real-estate maxim “location, location, location.” That’s what a new report from a real-estate startup is focused on as the company tries to pinpoint the next big markets for investors. New York City-based Cadre, founded in 2014 by Ryan Williams, is a real-estate-technology startup that offers investors and individuals access to investing in commercial real estate.
In its report, the company named what it sees as high-growth markets, calling them the “most valuable places to invest.” Cadre identified top markets in the multifamily, office and industrial spheres by analyzing historical returns, growth in two years and potential for liquidity in each market. Cadre’s top five markets for investment in multifamily units are:
Atlanta — home to 17 Fortune 500 companies including Coca-Cola KO, Home Depot HD, UPS UPS and Delta Airlines DAL — was at the top of the list. Cadre is bullish on these specific multifamily markets because they’ve had “enduring job and population growth,” and because apartment rents are more affordable than the cost of owning a home. The cost of homeownership has recently spiked, as mortgage rates exceeding 7% are adding hundreds of dollars to monthly mortgage payments. As people return to working in person, Cadre also sees bright spots for markets such as Austin, Charlotte, and Nashville, Tenn. The company expects growth to be strong in the South, where, it noted, “office utilization rates remain strong.” Cadre’s top five markets for office-space investment are:
Top real-estate markets for industrial investment included Baltimore, Md.; Boston; and Charlotte. Cadre also listed Raleig …