Podcast: Extend and Pretend Meets Grim Reality
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 >Extend and Pretend Meets Grim Reality
For lenders that are taking the “extend-and-pretend” approach, placing less emphasis on valuation declines, and waiting for lower rates, the risks have not abated, and the New York Fed has taken notice in a new report.
GO >Will Markets Thrive in 2025?
Improving consumer sentiment, growing investor confidence, and continued signs of a robust, stable economy have informed a more optimistic investment outlook on commercial real estate and the multifamily market in particular. Apartment asset performance is as lackluster in 2024 as it was in 2023, but housing demand trends and the steady decrease of newly-delivered apartments…
GO >The NY Fed on the Consequences of Extend and Pretend
Quick highlight from the NY Fed’s report on extend and pretend: There’s a (new) wall of CRE loan maturities set to expire in 2026. How does this compare to the wall of loan maturities that were expected last year but didn’t have that big of an impact? If they extended-and-pretended last year’s loan maturities, can’t…
GO >Podcast: Did HUD Just Open the Floodgates for Loans?
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 >Did HUD Just Open the Floodgates for Loans?
Some borrowers and lenders remain under pressure with property values still down from their peak and interest rates still elevated at this point in the rate cycle, with the Department of Housing and Urban Developing proposing more relaxed loan standards, and housing continues to play a sizable role in the political conversation at the height…
GO >Extend-and-Pretend Meets Grim Reality
10-year treasury yields are higher despite the rate cut trajectory from the Fed, and while CRE prices have made some progress recently, some borrowers and lenders remain under pressure with property values still down from their peak and interest rates still elevated at this point in the rate cycle. For lenders that are taking the…
GO >Vibe Shift Incoming for Multifamily and the Economy?
Consumer sentiment is shifting as inflation expectations stabilize and more consumers expect lower interest rates in the next 12 months, but after such a long period of economic uncertainty, confidence in the economy is more difficult to find. In the multifamily market, regional differences in apartment supply continue to impact rent growth, but investment activity…
GO >Podcast: Vibe Shift for Multifamily and the Economy?
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 >Economic Vibe Shift or False Hope?
Consumer sentiment is shifting as inflation expectations stabilize and more consumers expect lower interest rates in the next 12 months, but after such a long period of economic uncertainty, confidence in the economy is more difficult to find. In the multifamily market, regional differences in apartment supply continue to impact rent growth, but investment activity…
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