Midwest Multifamily Market Report

Exploring the growth prospects of America’s Heartland based on 1Q–2Q 2023 analysis

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Investments in the Midwest USA is at a record high

May 2023 showcasing a median rent growth rate of 4.5%

Unemployment rate decreasing from 3.2% to 2.8% over the past 12 months

Expected to see cumulative multifamily rent growth of 5.2% over the next two years

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WHY THE MIDWEST?

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Rishab Thakur brings his expertise in Project Controls and Management from his experience of working on large-scale multi billion dollars Engineering, Procurement, and Construction projects for the last 16 years in various leadership roles. He is the founder of NewLife Capital group and his company's mission is to build a family of investors who have common goals around achieving freedom of time, money, relationships, and purpose.