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ZOM’s Pipeline Reveals Optimistic Apartment Outlook in the South

The multifamily developer currently has 5,500 units under construction with a focus on southeast and southwest markets.

ZOM Living hasn’t been derailed by the pandemic. The multifamily developer closed the first quarter with 16 projects under construction, a total of 5,500 units mostly focused in growth markets in the southeast and southwest. The robust pipeline shows reveals an optimistic market outlook, despite the challenges brought on by the pandemic last year.

“We are definitely bullish on the sector in general, but particularly in the southern markets. We are seeing a significant uptick in demand in rental housing in the southeast and the southwest,” Greg West, president and CEO of ZOM Living, tells GlobeSt.com.

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Kelsi Maree Borland

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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