At least that's the view of Matt Frazier, CEO and cofounder of Jones Street Investment Partners, a multifamily investor with roughly $2 billion in assets under management.
Of course, Jones Street's entire portfolio is focused on the Northeast and Mid-Atlantic multi-family homes.
It's a contrarian view in an industry obsessed with the Sunbelt since Jones Street was founded in 2014.
According to Jones Street's analysis, "this dynamic is specific to Southeast and Sunbelt markets," not the Northeast and Mid-Atlantic regions.
Matt Frazier, CEO of Jones Street.
Persons:
Matt Frazier, Frazier, Jones, he's, maturities
Organizations:
Jones Street Investment Partners, Jones
Locations:
Austin , Texas, Nashville , Tennessee, New England, Portland , Maine, Richmond , Virginia, Midatlantic, Manchester , New Hampshire, Boston , Massachusetts, Philadelphia , Pennsylvania