He said Memphis as a “hidden jewel” in the view of Fogelman Properties. The business, which currently holds $4 billion in multifamily assets across the South, currently has five major targets for 2022.
Fogelman said the Atlanta, Dallas, Triangle Park (North Carolina), and Central Florida metros, as well as Memphis, are all markets the company expects to be strong real estate markets in the new year. He expects a lot of out-of-state movement to those areas.
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