Did the Fed’s New Rate Cut Path Undermine CRE Optimism?
More than the 25 BPS decrease of the federal funds rate, the updated projections from the Federal Reserve Open Market Committee signal a (slightly) higher-for-longer interest rate scenario that could make impending loan maturities a larger factor in the CRE investment market, but multifamily investment prospects are buoyed by consistent housing demand and a receding…
GO >Drastic Differences Grow Among Multifamily Markets
The timeline of construction activity, which has dominated the face of the multifamily market for the past 2 years, has varied substantially among different regions and specific markets. Many of the markets that have seen the most amount of new apartment supply in the past 2 years are expected to continue to be apartment supply…
GO >Rent Growth in 2024: Much Like 2023
The wave of apartment construction and newly-delivered apartments is at or near its peak, and rent growth has continued to be as sluggish in 2024 as it was in 2023. That being said, the weakening apartment supply trends in 2025 suggest a stronger market in the coming year, and the stellar apartment absorption numbers are…
GO >Podcast: Who Gets It Right About Apartments in 2025?
Listen to the latest episode of The Gray Report Podcast and stay up to date on the most important news and research in the multifamily industry, commercial real estate, and the economy. The Gray Report on Spotify The Gray Report on Apple Podcasts
GO >Podcast: Where Is Multifamily Headed?
Listen to the latest episode of The Gray Report Podcast and stay up to date on the most important news and research in the multifamily industry, commercial real estate, and the economy. The Gray Report on Spotify The Gray Report on Apple Podcasts
GO >The Deals Are Coming Back
Lower (slightly) interest rates, improving fundamentals, positive investor sentiment, and a pending wave of loan maturities are among the factors contributing to a projected recovery in investment sales activity in 2025. Multifamily, the Nation, and the Economy Extend-And-Pretend Has Grown The Multifamily Wall Of Maturities By 25% Via Bisnow: Gray Capital’s latest research report looks…
GO >Podcast: The Multifamily Deals Are Coming Back
Listen to the latest episode of The Gray Report Podcast and stay up to date on the most important news and research in the multifamily industry, commercial real estate, and the economy. The Gray Report on Spotify The Gray Report on Apple Podcasts
GO >Homebuilding and the Housing Shortage from the Multifamily Perspective
Source – RealPage: “Some Perspective on the 50-Year Peak in Apartment Supply Volumes” A look at apartment supply for the year starting in Q3 2023 till Q3 2024. A view from the top, as it were, before apartment supply falls in the months to come. The numbers from the census bureau have YoY new supply…
GO >Podcast: Apartment Shortage in the Making?
Listen to the latest episode of The Gray Report Podcast and stay up to date on the most important news and research in the multifamily industry, commercial real estate, and the economy. The Gray Report on Spotify The Gray Report on Apple Podcasts
GO >Multifamily in 2025: Demand Will Dominate
After 2+ years of apartment supply dominating the multifamily market, surging demand and the receding wave of newly-built apartments will bring greater balance to the market in 2025. With fundamentals so strong, multifamily investment interest should also increase in the coming year, but recent reporting has found that investment activity remains below historical averages. Stubbornly-high…
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