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The Indianapolis market is experiencing unprecedented economic growth and rising national recognition, driven by a booming population and significant business expansions.

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The Huntsville, Alabama market continues to thrive as population growth, business expansion, and national recognition drive ongoing economic development.

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Knoxville, TN is experiencing strong economic momentum, driven by steady population growth, major business expansions, and increasing national recognition as a thriving market.

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Evansville, Indiana is experiencing a surge in new businesses and development projects designed to boost economic growth and enhance the quality of life for its residents.

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Evansville is Indiana's 3rd-largest city with an MSA population of 270,717. Major industries include Advanced Manufacturing, Health & Life Sciences, Logistics & Transportation, and Food & Beverage. The multifamily market contains 108 properties (50+ units), with average Asking Rents of $976, a Vacancy Rate of 5.6%, and 12-month rent growth of 3.7%.

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The Birmingham, AL market is experiencing significant growth and gaining national recognition, driven by a rising population and a surge in construction projects.

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The Louisville, Kentucky market is seeing robust economic growth fueled by business expansions, new development initiatives, and growing national recognition.

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Cincinnati, Ohio is witnessing unprecedented economic growth with a surge in business expansions, significant job opportunities, and growing national recognition.

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Bowling Green, Kentucky, known as 'Vette City' for its exclusive Corvette production, is a rapidly growing metro area located an hour north of Nashville. The MSA's population stands at 188,840, and Warren County grew 5.33% from 2020 to 2023. The multifamily market comprises 66 apartment communities totaling 8,241 units, with an average asking rent of $1,061 and a 92.6% occupancy rate. Major employers include Houchens Industries, Western Kentucky University, and Med Center Health.

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Columbus, Ohio is experiencing a significant period of growth, with major investments, groundbreaking developments, and an expanding population, gaining national recognition as an economic powerhouse.

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The Gulfport-Biloxi MSA, Mississippi's second-largest metro area with a population of 421,916, thrives on tourism, shipbuilding, and defense. The multifamily market has 171 properties and 25,090 units with average asking rents of $1,087. Notable employers include Ingalls Shipbuilding and Keesler AFB. Tourism generates $2.7 billion annually, driving regional growth and development.

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Lexington, KY continues to solidify its reputation as a vibrant, growing market, drawing recent nation recognition and development projects.

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The Piedmont Triad is witnessing a wave of expansion projects and an influx of both tourists and new residents, positioning the region for sustained economic growth.

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Little Rock, Arkansas, is on the rise with a wave of new business expansions and infrastructure upgrades, positioning the city as a hub of economic potential and drawing national attention.

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Indianapolis, the capital city of Indiana, is a vibrant city known for its rich history, diverse economy, and as the home of the iconic Indianapolis 500. The Indiana University system headlines the economy. The MSA population is 2,138,468, and the multifamily market has 900 properties and 185,026 units.

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Evansville, Indiana is experiencing a surge in new businesses and development projects designed to boost economic growth and enhance the quality of life for its residents.

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The Northwest Arkansas market is experiencing an ongoing surge in economic growth, driving business expansions, increased housing demand, and national recognition.

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The Charlotte, NC market is witnessing a continued surge in economic growth and national recognition due to business expansions, increased population, and improvement to major demand drivers.

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The Louisville, Kentucky market is experiencing a strong surge in economic growth, driven by business expansions, new development projects, and increasing national recognition.

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The Birmingham, AL market is experiencing sustained growth and economic development, fueled by multimillion-dollar construction projects, infrastructure improvements and increasing population.

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Home to the University of Tennessee, Knoxville is a 9-county region with a population of 946,264. Advanced Manufacturing, Healthcare, Technology, and Tourism are among Knoxville's most prominent industries. The MSA has 290 apartments (50+ units) with Average Asking Rents of $1,450 and Vacancy of 5.9%.

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The Bowling Green market is experiencing a significant surge in economic growth and gaining national attention, driven by new development projects, expansions, and a rising influx of both residents and tourists.

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The Gulfport-Biloxi market is experiencing a wave of new development and improved accessibility, driving economic growth and creating attractions that appeal to both residents and tourists.

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Nashville, Tennessee's booming market is seeing continued economic growth fueled by ongoing business expansion projects and an influx of new ventures.

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The Pensacola, FL market is seeing significant job opportunities and economic development resulting from business expansions and new development projects.

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With an MSA population of 1,184,290, Birmingham is the largest metro in the state of Alabama. The region's economy is headlined by its Automotive, IT, Finance & Insurance, and Metals & Machinery Manufacturing industries. There are 365 apartment communities (50+ units) and 66,472 units within Birmingham's 7-county MSA.

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The Memphis, TN market is seeing substantive job opportunities and growth resulting from business expansions, surging tourism, and economic development in the area.

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The Indianapolis market is currently undergoing significant business expansion and hosting numerous national events, leading to a notable increase in tourism and a boost in economic development for the region.

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The Charlotte, NC market is currently experiences a surge in national recognition due to robust business expansions, a rapidly growing population, and improvement projects on major demand drivers.

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Also known as Northeast Florida, the Jacksonville region is exploding with economic growth. Jacksonville is the #2 Hottest Job Market (WSJ) and the #4 Fastest Growing City in the U.S. (Census Bureau). The multifamily market consists of 624 properties and 134,675 units.

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The market in Louisville, Kentucky is experiencing an influx of economic development due to expanding commercial growth, national recognition, and a steady flow of development projects.

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Huntsville, Alabama is experience unprecedented growth and an influx of national recognition due to rapid population growth, housing demand and business expansions in the area.

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The market in Knoxville, TN is flourishing like never before, earning nationwide recognition for its excellent location, affordability, and the increasing number of both residents and businesses.

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Located in Central Ohio, Columbus is a key contributor to the state's economy. With a diverse economy ranging from Fashion to Finance and a #1 ranked population growth, Columbus is one of the most desirable multifamily markets in the Midwest.

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The Birmingham, AL market is seeing unprecedented growth and national recognition driven by business expansion, economic development, and population increase.

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Columbus, Ohio is witnessing unprecedented economic growth and business development, leading to significant population increases and gaining national recognition.

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Little Rock, Arkansas is experiencing a surge in business expansions and improvement projects, earning national recognition and fostering a positive outlook for the city's economic development.

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Located in Northern Alabama, Huntsville has become one of the country’s most desirable places to live. It was recently ranked #7 in U.S. News & World Report's "Best Places to Live" and significantly outpaces national averages in job & employment growth, population growth, and economic growth. The region has a population of 895,383.

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Evansville, Indiana is experiencing substantial economic growth driven by income growth, award-winning employers, and new development projects.

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The Gulfport-Biloxi Market is seeing a boom in growth and national recognition, bringing investment capital in construction and an influx of new residents.

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Nashville, Tennessee continues to experience unprecedented economic and population growth, highlighted by Oracle CEO Larry Ellison tagging Nashville as the company's new world headquarters.

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The Bowling Green market is currently witnessing a significant surge in both economic development and population growth. This momentum can be attributed to its favorable cost of living, coupled with the expansion of businesses, leading to recent national recognition.

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A strong construction pipeline, stable occupancy figures, a growing employment market, and reasonable cost of living have placed Chattanooga in the Top 10 Emerging Multifamily Markets in 2024. The Chattanooga MSA population is 580,971, and there are 173 apartments and 27,594 units within the region.

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The Northwest Arkansas market is witnessing unprecedented economic growth and national recognition, driven by its affordable cost of living and favorable business climate. 

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Lake Charles, LA is experiencing a noticeable upswing in the market, driven by increased recognition and substantial expansions within the LNG (liquefied natural gas) industry.

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The Piedmont Triad is witnessing a surge in growth, attracting both residents and businesses, which can be attributed in part to its affordability and desirable location.

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Known as the 'Horse Capital of the World', Lexington is Kentucky's 2nd largest city. The Lexington MSA has a population of 520,045, supported by 226 multifamily properties and 37,660 units. The University of Kentucky, Toyota, and Amazon are some of the area's largest demand drivers.

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Macon, Georgia continues to see sustained growth due to low unemployment rates and a large migration of residents moving to Georgia.

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The Lexington, KY market is seeing an increase in economic development and national recognition attributed to the region's affordability and strategic location, enticing both new businesses and residents alike.

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Louisville is the largest city in Kentucky with an MSA population of 1,365,557. Louisville is known for being one of the top manufacturing cities in the country, highlighted by the UPS Worldport which is the area's largest employer. The apartment market consists of 531 properties and 91,610 units.

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The Chattanooga, TN market is witnessing an upswing in growth and recognition due to its location, affordability, and increasing demand for both residential and commercial properties.

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The Knoxville, TN market is experiencing an unparalleled surge in growth and national recognition due to its location, affordability, and increased demand from new residents and tourists.

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The Memphis, TN market is experiencing steady demand, strategic development initiatives, and a growing business landscape, contributing to the appeal of its vibrant metropolitan area.

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The Indianapolis, IN market is currently experiencing expanding industries, infrastructure development, and a thriving business environment, fostering opportunities for continued prosperity in the city.

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Recognized as one of the most desirable markets in the country, Nashville is home to a world-renowned reputation for music and entertainment, quality school systems & higher education, a robust economy anchored by its healthcare sector, and multiple professional sports teams.

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The Birmingham, AL market is experiencing significant growth and national recognition fueled by an increase in population, expanding businesses, and a thriving downtown area.

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The Raleigh, NC market's flourishing economy is fueled by sustained market growth, a diverse range of industries, and a vibrant tech scene, making it a thriving metropolitan landscape.

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The Charlotte, NC market is experiencing sustained growth, fueled by a diverse range of industries, a burgeoning tech sector, and strategic infrastructure investments.

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Located 85 miles northeast of Memphis and 130 miles southwest of Nashville, Jackson is a 4-county MSA with a population of 181,579. Major industries include Advanced Food Processing, Automotive Suppliers, Customer Care Centers, and Logistics. The Jackson MSA's apartment market consists of 47 properties and 5,756 units with an average asking rent of $1,135.

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Louisville, Kentucky's dynamic market is experiencing a surge of strong commercial growth, promising residential prospects, and a steady influx of new development projects.

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The Golden Triangle, with a population of 147,383, is a 5-county region in east central Mississippi. Mississippi State University in Starkville is the region's most notable economic driver, and the triangle has attracted billions of investment dollars in the industrial sector. 51 apartments and 6,016 units comprise the region's multifamily market.

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Greater Pensacola, consisting of Escambia & Santa Rosa counties, has a population of 523,146. Its strategic location, varied industry, beautiful climate, and business-friendly environment contribute to its #28 'Best Places to Live in the US' ranking. 141 apartments and 21,761 units comprise the region's multifamily market.

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Huntsville, Alabama's recent economic growth is characterized by robust commercial activity, burgeoning real estate opportunities, and an influx of investment – solidifying its position as a thriving economic center in the region.

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Nashville, Tennessee is experiencing unprecedented growth due to booming economic development and an influx of new residents and tourism over the past few years.

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Located in the northeastern corner of Tennessee, the Tri-Cities area refers to Johnson City, Kingsport, and Bristol. The 9-county CSA has a population of 592,933. 119 apartments and 13,756 units comprise the region's multifamily market.

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New Orleans, Louisiana is experiencing a steady increase in property values, due to ongoing revitalization efforts and growing demand for both residential and commercial properties.

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Fayetteville, NC is a 6-county CSA roughly 65 miles south of Raleigh with a population of 689,620. The area is most well-known for being the home to Fort Liberty. 205 apartments and 30,338 units comprise the region's multifamily market.

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Columbia, South Carolina is undergoing a notable economic upswing, with a surge in job opportunities and business growth.

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Louisville is experiencing a robust phase of economic growth, attracting major companies, an influx of new residents and visitors, and national recognition.

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Columbia, SC is a 9-county CSA in Central South Carolina with a population of 1,103,952. Government, healthcare, retail, and manufacturing anchor the economy. 313 apartments and 53,253 units comprise the region's multifamily market.

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The Mobile/Baldwin County market is seeing an upswing in economic development and growth due to an increased number of new residents and tourists.

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The Jackson market is experiencing a surge in commercial development creating significant economic impact for the area.

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The Piedmont Triad is a 12-county region in central North Carolina with a population of 1,768,836. Greensboro (#3), Winston-Salem (#5), and High Point (#9) are among North Carolina's Top 10 biggest cities. 599 apartments and 98,426 units comprise the region's multifamily market.

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Jackson is the state capital and largest MSA in Mississippi with a population of 583,197. The State of Mississippi, Nissan, Continental, University of Mississippi Medical Center (UMMC), and Entergy are some of the area's most reputable employers. 203 apartments and 31,149 units comprise the MSA's multifamily market.

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The Memphis market is experiencing the ripple effects of Ford's BlueOval City and a surge in commercial development.

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Also known as Coastal Alabama, Mobile and Baldwin County are two adjacent yet distinct MSA's that contribute to the state's economy in significant ways. The population of the two-county CSA is 672,968, and 225 apartments and 35,102 units comprise the multifamily market.

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The Little Rock market is seeing substantial growth, with over $1.25 billion of ongoing projects impacting the downtown area and drawing new visitors, residents, and businesses. 

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The Coastal Mississippi Market is seeing a boom in growth, bringing billions of dollars in construction. New developments will affect travel and tourism, as well as resident quality of life and wellbeing. 

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Little Rock is the state capital and largest MSA in Arkansas with a population of 757,615. 4 major healthcare companies and popular brands like L'Oreal USA, Dillard's, Tractor Supply, and Dollar General anchor the economy. 280 apartments and 49,739 units comprise the MSA's multifamily market.

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Known as the "Home of the Blues & Birthplace of Rock 'n' Roll", Memphis is the 2nd largest city in Tennessee with an MSA population of 1,332,305. Three Fortune 500 companies (FedEx, AutoZone, and International Paper) are headquartered in Memphis, and the city is home to the NBA franchise Memphis Grizzlies.

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The Piedmont Triad market is seeing significant economic development and an increase in job creation due to a number of businesses establishing new facilities in the area and their extensive airport expansion project.

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Evansville is Indiana's 3rd-largest city with an MSA population of 314,038 and is within a 250-mile radius of major U.S. cities including Nashville, St. Louis, Indianapolis, Cincinnati, Louisville, and Chattanooga. The apartment market consists of 105 properties and 17,217 units.

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The Evansville market is experiencing strides in economic development that will promote growth, expand trade and offer new exciting draws for both residents and visitors.

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Also referred to as Coastal Mississippi, the Gulfport-Biloxi MSA is the state's 2nd largest region with a population of 420,782 and an apartment inventory of 175 properties and 24,608 units. With 62 miles of coastline along the Gulf of Mexico, the region is ideal for tourism, shipbuilding, and defense.

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Known as 'Scenic City' or 'Gig City', Chattanooga is Tennessee's fastest-growing city and one of the top places to live in Tennessee due to its wide array of outdoor activities, start-up-friendly culture, and employment options. The MSA population is 574,507, and there are 169 apartments and 26,985 units.

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The Chattanooga market is seeing unprecedented growth that will only be further fueled by new economic development, benefitting both business and residents alike. 

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Indianapolis, the capital city of Indiana, is renowned for its blend of vibrant culture, sports enthusiasm, and economic diversity. The Indiana University system headlines the economy. The MSA population is 2,141,779, and the multifamily market has more than 800 properties and 167,000 units.

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Commonly referred to as the 'Music City', Nashville is consistently ranked #1 nationally for its real estate market, job market, population growth, and popularity. Vanderbilt, HCA, Nissan, Oracle, and Amazon highlight the area's employment base, and 2,046,828 people live in the MSA.

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One of the fastest growing cities in the state of Kentucky, Bowling Green is seeing significant economic development, job opportunities, and national recognition.

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Known as 'Vette City' for its status as the only place in the world Corvette's are built, Bowling Green is a thriving and growing metropolitan area located just 1 hour north of Nashville, TN. Bowling Green is Kentucky's 3rd largest city and the 2nd fastest-growing city in the state.

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Lexington is seeing an increase in recognition and interest and continues to grow despite high construction costs.

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Known as the 'Horse Capital of the World', Lexington is Kentucky's 2nd largest city. The Lexington MSA has a population of 517,916, supported by 223 multifamily properties and 37,045 units. The University of Kentucky, Toyota, and Amazon are some of the area's largest demand drivers.

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The Raleigh market is seeing major surges in national recognition, bringing about new developments and strategies on how to accommodate the rapidly growing population.

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The Birmingham MSA is home to 323 apartments and 60,281 units. Major industries in Birmingham include Finance & Insurance, Manufacturing, and Healthcare, with 18 different organizations and companies employing over 1,000 people. The MSA has a population of 1,116,857.

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The Birmingham Market continues to see extensive development and national recognition as businesses thrive and new leadership focuses on economic growth.

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Composed of Raleigh, Durham, and Chapel Hill, The Triangle is one of the country's hottest hubs for job growth, housing, and innovation. The Triangle has a population of 2,190,786, supported by 833 multifamily properties and 180,053 units and a development pipeline of 30,602 additional units.

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Knoxville has shown incredible growth and durability over the past several years, now consistently ranking as one of the best-performing multifamily markets in the country due to its impressive rent growth, strong occupancy, and development pipeline. The MSA population is 907,968.

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As Macon/Warner Robins continues to grow, its infrastructure does as well. New economic developments and business expansion promise increased quality of life for existing and future residents.

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Also referred to as Middle Georgia, the Macon-Warner Robins area is a well-positioned metro area known for its business-friendly location and notable employers. There are 208 multifamily properties, 27,389 units, and 18,000 businesses in the Middle Georgia region with a labor force of roughly 227,000.

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Knoxville continues to see rapid growth as one of the most desirable destinations in Tennessee. The city has numerous new developments underway promising increased quality of life for residents and visitors alike.

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Louisville is the largest city in Kentucky with an MSA population of 1,284,553. Louisville is known for being one of the top manufacturing cities in the country, highlighted by the UPS Worldport which is the area's largest employer. The apartment market consists of 516 properties and 88,893 units.

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Home to 4 of the state's largest cities, Northwest Arkansas (NWA) is gaining a national reputation as a top place to live. Northwest Arkansas is home to 260 multifamily properties and over 42,000 units and is perhaps most well-known for being the global headquarters for retail giant Walmart.

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Huntsville is gaining a national reputation as one of the country's hottest markets. It was recently ranked #2 in U.S. News & World Report's "Best Places to Live" and has a rapidly expanding job market, population, and apartment market. The region has a population of 879,315.

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Northwest Arkansas continues to see increased population growth and development. The cities that make up the area have many current expansion projects as well as new project approvals to benefit both locals and visitors alike.

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The 15th most populous city in the United States, Charlotte is home to over 1,000 multifamily properties and over 210,000 units. With a YoY population growth of 2.86%, over 100 people moving to the Charlotte area every day, and a business-friendly climate, Charlotte is poised for even further growth.

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Charlotte continues to see rapid growth, ranking as one of the most populated cities in the US. The city has many development projects re-surfacing post pandemic with new project approvals to benefit both locals and visitors on the rise as well.

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Indianapolis continues to see an infusion of new business headquarters coming to town along with changes in the local education sector from kindergarten to the university level.

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Louisville’s expected population growth and various city improvement projects contribute to sustained economic growth and nationwide recognition.

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Huntsville’s varied investments in city infrastructure, leisure, and entertainment support rapid growth and help cement its status as a top desirable place to live.

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Mississippi’s Gulf Coast continues to see projected growth with the approval of new federal and local funds to support area development, improvement, and access.

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Nashville continues to be one of the fastest growing cities in the US. Recent construction approvals, population growth, and an increased budget for the public education system all speak to the massive growth with no signs of slowing.

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