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…
GO >Affordability a Major Concern in Housing and the Multifamily Market
Affordability continues to shape the decisions of renters, homebuyers, and housing investors as the reality of the current interest rate environment sets in. This episode also includes a discussion of Gray Capital’s latest multifamily offering for accredited investors.
GO >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…
GO >CPI inflation is down. Are interest rates next?
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 numbers from the CPI, speculation that the Fed…
GO >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…
GO >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 pullback in consumer spending and (hopefully)…
GO >Podcast: Apartment Demand Growth Amid Record Supply
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
GO >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…
GO >Podcast: Fed Says No to Rate Cuts. What’s Next for Apartment Investors?
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
GO >Fed Says No to Rate Cuts. What’s Next for Apartment Investors?
With the Fed’s recent decision to keep rates at their current elevated levels, investors are facing a choice between increasingly positive multifamily fundamentals and an extended period of difficult financing.
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