Matt Joblon thinks now is the time to strike deals for apartments.

“There’s an incredible buying opportunity right now in cities that are growing,” he said.

The CEO of Denver-based BMC Investments recently closed a $150 million fund — its first fund ever — that he is using to buy apartments in seven key markets.

Those markets are Denver, Salt Lake City, Phoenix, Austin, Charlotte/Raleigh/Durham in North Carolina, Jacksonville and southern Florida.

“Most of these key cities are underhoused, and there’s a massive drop of supply coming,” Joblon said.

BMC is best known for its developments in Denver’s Cherry Creek neighborhood, which have included hotels, office buildings and apartments. But the firm has always had a large multifamily wing, which has historically been Colorado-centric. It

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