Southern California entrepreneur Matt Skinner leads Thrive Capital, LLC, and guides a full range of high-impact real estate investment projects. Also serving as the chief dealmaker of Dealmaker Enterprises, Inc., Matt Skinner shares in-depth training focused on apartment buildings as a “can’t miss” asset class.

Many demographic factors support growth in apartment investments. Among these is the over-55 baby-boomer cohort, which numbers approximately 75 million and is downsizing from single-family residences to smaller, more manageable spaces. At the same time, the 72 million echo boomers in the 18-30 age range tend to be renters who spend five to seven years, on average, in apartments before they shift to single-family homes.

Another factor is that many families that moved into homeownership over the past decade were not truly in a position to manage the financial burden. As economic realities became apparent, a significant percentage of these marginal homeowners shifted back to renting.

With the building of multifamily housing becoming sluggish, not enough units are available to keep up with increased demand. This translates to robust occupancy rates among available properties and stable rental incomes for apartment building owners.