Posts Tagged ‘fannie mae’

Apartment supply is growing. What’s next? As multifamily developers work through the construction backlog resulting from pandemic-era supply chain disruptions, projections for new apartment supply are being revised upward. Rent growth trends continue to moderate from last year’s historic peak, and many of the top markets of last year have seen much lower rent growth…

25 BPS Fed Rate Hike: Predicting the Economy for H2 2023 The Federal Reserve raised the federal funds rate by 0.25%, and while Federal Reserve staff “are no longer forecasting a recession,” others are more confident in a recession as the inevitable product of this lengthy period of elevated interest rates. Amidst this continuing economic…

Affordable Markets Rise to the Top While there has been more optimism about the economy generally, apartment rent growth continues its moderation on a national level, with affordable markets in the Midwest outperforming more expensive markets in the West and South. Recent rent growth reporting bears this out, and coverage of the home buying market…

What Will Move Renter Demand in 2023? The CPI recorded another substantial drop in inflation, which should ease some financial burdens for renters and could act as a signal to the Federal Reserve Bank that interest rates need not increase any further. The resumption of student loan repayments this August could have a more direct…

Does the Federal Reserve Expect CRE Distress? New guidance from the Federal Reserve indicates increased attention to the issue of property distress in the commercial real estate market, even as the larger economy shows more positive signs and decreasing inflation. While the office sector is a prominent focus for potential distress, the Fed includes multifamily…

A Happy Medium for Housing and the Economy? The multifamily market continues to steadily improve, with solid underlying fundamentals but softer demand in areas that have seen a major influx of supply, a situation that lines up with the mixture of positive and negative indicators for the broader housing market and for the economy as…

Will a sinking office market bring down multifamily? With office real estate suffering as remote working arrangements persist and drive down demand for office space, there is increasing attention on the broader impacts and knock-on effects related to the shift away from the office. Commercial real estate lenders have yet to panic, even in this…

Rate Hikes: Paused. Inflation: Lower. Rents: Growing. With the Consumer Price Index showing declining annual inflation, (from 4.9% in April to 4% in May) and low, 0.1% month-over-month inflation, the Federal Reserve’s decision to keep interest rates level is understandable, but Jerome Powell’s remarks did not indicate that rates will go down any time soon.…

Report predicts a wave of anticipated commercial real estate debt maturities in October 2023, resulting in strategic multifamily acquisition opportunities in the near-term. INDIANAPOLIS (JUNE 6, 2023) – Gray Capital, a family-owned and operated private equity real estate firm specializing in the strategic investment and acquisition of multifamily apartments in growing markets throughout the Midwest,…

CRE Loan Worries Grow The drumbeat of coverage on commercial real estate loan trouble continues this week as strong jobs numbers fuel more uncertainty about inflation and economic strength, and while the multifamily market has shown stable rent growth, there is a high amount of regional variability. With the exception of Texas markets and the…