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Middle Market Digest: This Week in the South and Mountain Regions

Here's a look at the trends, announcements and deals you may have missed in Texas, New Mexico, Colorado, Oklahoma and Arkansas.

By Lisa Brown | Updated on October 20, 2017

Every week, a number of new multifamily projects hit the construction list, and every week, a new batch is unveiled as ready for leasing. One contributing factor to the demand for multifamily is the change in lifestyles exhibited by many millennials who prefer the flexibility of renting. Another contributing factor is the low or no savings cushions of many millennials who are burdened with high student-loan debt. These factors will contribute to those aged 35 and younger remaining renters, resulting in steadily increasing effective rents, according to a recent report by Marcus & Millichap.—Lisa Brown

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