Grey Oaks covers 49 metropolitan markets nationally on two axes: the concentration of accredited investors who live there, and whether the firm would buy there today. Those two answers frequently disagree. Scores are Grey Oaks' own qualitative read refreshed quarterly, not a licensed index, and the guides state plainly where the firm does not buy.
Multifamily markets and locationsWhere we buy, and where the capital lives.
We cover 49 metropolitan markets nationally on two axes: the concentration of accredited investors who live there, and whether we would buy there today. Those two answers frequently disagree, and where they disagree is the most useful thing on this page. Click any market for its full guide.
Ranked by investor concentration and buy-side conditions
Scores are our own read, refreshed quarterly, and deliberately qualitative where we do not hold a licensed data subscription. Where a figure would need to be precise to be useful, it is marked pending rather than estimated.
The markets we raise in are not always the markets we buy in.
Most sponsors quietly conflate the two. An investor in Boston or the Bay Area is not usually best served by an asset in Boston or the Bay Area, and saying so plainly is more useful than pretending every market is a buy.
Want the underwriting for one of these markets?
Full models, including the downside cases, go to verified accredited investors on request.
The screen behind these rankings, and why supply constraint comes before demand growth, is set out in our investment strategy.
Start an investor inquiryEmployment and unemployment for every metro on this page come from the U.S. Bureau of Labor Statistics, and population, tenure and income from U.S. Census Bureau QuickFacts. Where a guide quotes a figure it carries the reference period beside it. The two five-point scores are our own qualitative read, not a licensed index, and the method is set out in how we evaluate a market.