Boston is a burgeoning real estate market due to its growing population of educated adults and thriving industries.

Investors who prefer this combination are flocking to Beantown, according to Bloomberg.

“You have a city that has biotech and other thriving industries, and some big-name financial services,” said John Garth, managing director at Pembrook Capital Management, a New York-based real estate investor looking to finance apartment construction in Boston. “It’s a huge draw for young people, and that creates lots of demand for rental apartments as well as new office space and other construction.”