Podcast: Is Now the Time to Invest in CRE?

podcast June 17 24

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 Google Podcasts The Gray Report on Apple Podcasts

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Gray Report Newsletter: June 6, 2024

CRE Sales Plummets, Rent Growth Sluggish, but Prospects Are Good Investment sales for commercial real estate properties continues to decline year-over-year, and recent data on the multifamily market shows weaker rent growth than expected for this time of year. That being said, evidence continues to build that points to improving multifamily performance in the wake…

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Gray Report Newsletter: May 23, 2024

The Power of Affordability in Multifamily and Housing For multifamily investors, lenders, property managers, and other industry professionals, affordability remains a pressing issue. As the CRE investment market adjusts to higher rates, rising insurance rates are another affordability headwind for multifamily operations. In the broader housing market, declining home sales could lead to higher apartment…

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Gray Report Newsletter: May 16, 2024

CPI Inflation Is Down: Rate Cut by September? Consumer price index numbers show inflation down from 3.5% to 3.4% year-over-year in April, with monthly inflation numbers falling from 0.4% to 0.3%. It may be a bumpy road to the Federal Reserve’s inflation target, but given the moderation in the job market along with these latest…

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Gray Report Newsletter: May 9, 2024

Apartment Demand Growth Amid Record Supply As a historic wave of newly-built apartments continues beyond the one-year mark, elevated absorption numbers and data showing the first positive growth in occupancy in 2+ years are noteworthy signs of resilience in the apartment market. In the broader economy, lower jobs numbers and declining consumer credit suggest a…

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Gray Report Newsletter: May 2, 2024

Fed Declares: “Interest Rates Stay High” The latest meeting of the FOMC, in which the Federal Reserve affirmed its continued commitment to high interest rates, was not surprising given the bumps along the road to target inflation. In the multifamily market, even as apartment operators continue to navigate the occupancy and rent growth challenges associated…

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Gray Capital Acquires 444-Unit River Club Apartments

24 April 2024, Indianapolis, IN: Gray Capital is pleased to announce the acquisition of Regency Club Apartments, a 444-unit class B apartment community located in Evansville, IN. The property was built in two stages in the 1980s with additional townhomes built in 2006. Gray Capital’s strategy with the property involves an immediate rebrand as River…

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Gray Report Newsletter: April 25, 2024

Apartment Investors Are More Confident, Will the Market Follow? Multifamily investor sentiment improves even as debt financing challenges continue. Strength in the labor market, robust apartment demand, and stable consumer sentiment are some of the reasons behind this, but another significant factor is the decline in the multifamily construction pipeline. For investors looking beyond the…

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