David Harrington

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EL SEGUNDO, CA—The case for multifamily investment is obvious. To name a few reasons, occupancy rates are high, vacancy rates are in the 5% range or lower and renewal rates are running at record levels of 53.2%, according to RealPage data.

But there are other, less-mentioned drivers that also deserve to be spotlighted, says David Harrington, executive vice president and national director for the multifamily advisors division of Matthews Real Estate Investment Services.

"Wealth preservation, adding value and favorable debt/leverage are the main reasons why investors finds the multifamily asset class so compelling," he tells GlobeSt.com.

Wealth Preservation

Housing is a necessity and much of the country has experienced a vast under-supply of apartments.

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