Connell has established a disciplined and focused methodology of intense demographic and economic analysis to identify areas poised for growth that can support long-term demand for multifamily housing. Connell rigorously examined risk factors such as state-to-state migration patterns, population and job growth trends, state and local fiscal and tax policies, cost of living and crime indices, educational rankings, and weather/national disaster maps for each US market. Then, Connell ranked each market assessed based on its cumulative risk profile to determine which markets were best positioned for long-term holders of multifamily properties. Individual states and cities were further examined for long-term suitability. Connell intends to monitor its target markets and to adjust those targets as warranted based on changes in market conditions, diversification requirements or capital allocations.