Tennessee Capital Migration (2022)

In 2022, 84% of the capital invested in Tennessee multifamily assets originated from out of state.
35%
of the overall capital flowed from out of state metropolitan areas such as New York*
60%
Avg $/Unit has risen due to this extra activity

The Tennessee market is primarily driven by the strong job market and population growth in the state, particularly in Nashville and the surrounding areas. The multifamily market in Tennessee is expected to remain strong and continue to grow in the coming years.

*Data aggregated for multifamily sales in Tennessee from January 1, 2022 to Dec 31, 2022.

Based on 84% of the capital invested in Tennessee multifamily assets originating from out of state and a 60% Avg $/Unit increase due to this extra activity, Tennessee is a good market to invest in. To get this information in a one-page summary, click here.

FAQS

Let’s stay in touch

Thank you! You’ve been added to our Newsletter
Oops! Something went wrong while submitting the form.