Millennial Renters are Essential to Small Property Apartment Demand

In this closer look at Millennial renters, we find they are well-represented in small, low-amenity properties. Developers and investors typically think of Millennial renters as determined to live in large, high-rise properties in urban cores. This new generation of renters prioritizes walkability and access to both in-building and local amenities. While this characterization may be [...]