The Market Favors Multifamily
As multifamily starts continue to decline (far more than single family home starts) and both housing demand in general and apartment demand specifically show consistent strength, the case for multifamily asset strength continues to improve. While a recent decrease in 10-year treasury yields , elevated interest rates continue to inject a level of uncertainty into…
GO >Gray Report Podcast/Video: Apartment Demand Breaks through Uncertainty
Apartment fundamentals continue to improve, with multiple data sources sharing a broad consensus of improving demand. Additionally, recent reports project a considerable drop-off in newly-delivered apartments in 2025 and continuing into 2026. As this steady, elevated apartment demand meets a shrinking amount of new supply, we could see noticeably higher rent growth in 2025 and…
GO >Compelling Clarity on Multifamily Fundamentals
Apartment fundamentals continue to improve, with multiple data sources sharing a broad consensus of improving demand. Additionally, recent reports project a considerable drop-off in newly-delivered apartments in 2025, continuing into 2026. As this steady, elevated apartment demand meets a shrinking amount of new supply, we could see noticeably higher rent growth in 2025 and 2026.…
GO >Due Diligence update for Walcott. 70% Retention rate on renewals with 4% rent growth
Good news: The Gray Capital team was on site at The Walcott apartments conducting physical and financial due diligence at the property, and we couldn’t be more thrilled to share what we found with you below. There’s a lot of “uncertainty” in the world right now, but I’ve never been more certain that The Walcott…
GO >Gray Report Podcast/Video: Multifamily in Balance, or Will Things Fall Apart?
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 >Housing Demand Easily Dwarfs Economic Uncertainty
The multifamily market has been remarkably resilient in working through the historic wave of newly-built apartment supply, and comparatively, the recent dip in consumer sentiment may not be a major obstacle as rent growth is expected to to improve through 2025. Uncertainty has also hit the investment side, but recent signs of increasing investment activity…
GO >Gray Report Podcast/Video: Is it groundhog day for the apartment market, or are major changes coming?
Investor sentiment in the multifamily market has settled into much the same place that it was at the start of 2024, but crucial improvements in multifamily fundamentals have driven more interest in multifamily investment in 2025, despite the added weight of higher-for-longer interest rates. Listen to the latest episode of The Gray Report Podcast and…
GO >Multifamily Groundhog Day?
Investor sentiment in the multifamily market has settled into much the same place that it was at the start of 2024, but crucial improvements in multifamily fundamentals have driven more interest in multifamily investment in 2025, despite the added weight of higher-for-longer interest rates. Multifamily, the Nation, and the Economy Multifamily growth “subdued but positive”…
GO >Gray Report Podcast/Video: A Chill Wind Blows through Multifamily
Multifamily investment optimism persists, but expectations have cooled somewhat since late 2024. Persistently-high ten-year treasury yields have changed the prevailing assumptions about interest rates and the multifamily lending market, with higher-for-longer expectations taking hold, moderating the previous optimism about the multifamily investment market, but even if the lending environment remains the same, the near-unanimous consensus…
GO >A Chill Wind Blows through Multifamily
Multifamily investment optimism persists, but expectations have cooled somewhat since late 2024. Persistently-high ten-year treasury yields have changed the prevailing assumptions about interest rates and the multifamily lending market, with higher-for-longer expectations taking hold, moderating the previous optimism about the multifamily investment market, but even if the lending environment remains the same, the near-unanimous consensus…
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