{"id":1004166430,"date":"2017-02-20T05:16:45","date_gmt":"2017-02-20T13:16:45","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004166430"},"modified":"2025-02-26T23:27:29","modified_gmt":"2025-02-27T07:27:29","slug":"yardi-matrix-steady-columbus","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-steady-columbus\/","title":{"rendered":"Yardi Matrix: Steady Columbus"},"content":{"rendered":"<p>By Adelina Osan<\/p>\n<div id=\"attachment_1004154622\" style=\"width: 410px\" class=\"wp-caption alignright\"><a href=\"https:\/\/internal.multihousingnews.com\/wp-content\/uploads\/sites\/46\/2017\/02\/columbus-rent.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004154622\" class=\"wp-image-1004154622\" src=\"https:\/\/internal.multihousingnews.com\/wp-content\/uploads\/sites\/46\/2017\/02\/columbus-rent.jpg\" alt=\"columbus-rent\" width=\"400\" height=\"173\" \/><\/a><p id=\"caption-attachment-1004154622\" class=\"wp-caption-text\">Columbus rent evolution, click to enlarge<\/p><\/div>\n<p>Columbus\u2019 multifamily market has stabilized, thanks to moderate rent increases resulting from steady employment gains and healthy population growth. Unlike peer cities such as Cincinnati and Cleveland, Columbus is not having a problem with out-migration. In fact, it\u2019s attracting new residents drawn to its diverse job base, affordable housing and high quality of life.<\/p>\n<p>The area\u2019s growing economy has benefited from an educated workforce, specializing in advanced manufacturing, technology and research-and-development in physical, engineering and life sciences. In addition, sectors such as government (4,400 jobs), professional and business services (4,300) and leisure and hospitality (4,000) recorded strong employment gains in 2016.<\/p>\n<p>A positive economic climate has boosted multifamily fundamentals. Investor appetite focused mainly on urban core areas, which represented more than half of transaction volume last year. Being a small market, Columbus continued to rely on its core to boost rents and inventory. To keep up with high demand, nearly 2,800 units are under construction in central submarkets such as Downtown, Dublin, University and Victorian Village. With downtown prices beginning to overheat, rental and investor demand could begin to shift toward less expensive options.<\/p>\n<p>Read the full <a href=\"https:\/\/www.yardimatrix.com\/Media\/Downloads\/File\/192-Columbus-Winter2017Outlook?utm_medium=Research-Center&amp;utm_source=CPE&amp;utm_campaign=192-Columbus-Winter2017Outlook\" target=\"_blank\" rel=\"noopener noreferrer\">Yardi Matrix Report<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The metro\u2019s multifamily market has stabilized, thanks to moderate rent increases resulting from steady employment gains and healthy population growth. <\/p>\n","protected":false},"author":735,"featured_media":1004166431,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37769,1585,21808,13,21742,37795],"tags":[],"class_list":["post-1004166430","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rc-absorption","category-columbus","category-featured","category-midwest","category-latest","category-rc-occupancy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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She joined the team in 2015 as associate editor and covered commercial, residential and student housing news assignments. Adelina has an academic background in public relations and worked in advertising and social media prior to her editorial role. \ud83d\udce7 She's available at adelina.osan@cpe-mhn.com for discussions regarding real estate news, industry trends, research center and other related topics.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/adelina-osan\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Yardi Matrix: Steady Columbus - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-steady-columbus\/","og_locale":"en_US","og_type":"article","og_title":"Yardi Matrix: Steady Columbus","og_description":"The metro\u2019s multifamily market has stabilized, thanks to moderate rent increases resulting from steady employment gains and healthy population growth.","og_url":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-steady-columbus\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2017-02-20T13:16:45+00:00","article_modified_time":"2025-02-27T07:27:29+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/metro-art-columbus.jpg","type":"image\/jpeg"}],"author":"Adelina Osan","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-steady-columbus\/","url":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-steady-columbus\/","name":"Yardi Matrix: Steady Columbus - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-steady-columbus\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-steady-columbus\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/metro-art-columbus.jpg","datePublished":"2017-02-20T13:16:45+00:00","dateModified":"2025-02-27T07:27:29+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/423ceee57e2e9ef5e458c68f8a3aa615"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-steady-columbus\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/yardi-matrix-steady-columbus\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-steady-columbus\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/metro-art-columbus.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/02\/metro-art-columbus.jpg","width":800,"height":620},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-steady-columbus\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Yardi Matrix: Steady Columbus"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/423ceee57e2e9ef5e458c68f8a3aa615","name":"Adelina Osan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/adelina-osan-1.jpg?w=81","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/adelina-osan-1.jpg?w=81","caption":"Adelina Osan"},"description":"Adelina Osan is a publishing manager with Commercial Property Executive and Multi-Housing News. 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