Apartments
Multifamily Going Strong as Home Sales Cool (Gray Report Newsletter Video)
As the Federal Reserve moves forward with Quantitative Tightening along with its recent interest rate increases, home sales have gone down slightly, but still-elevated home prices and persistent difficulties with housing construction continue to keep housing demand high. While homebuyers are balking at elevated mortgage payments, multifamily rent growth is expected to remain strong and…
GO >Notes: The Gray Report Newsletter, June 2 2022
Every week, The Gray Report publishes a video and podcast that covers the latest news, research, and reports from the multifamily industry, commercial real estate markets, and the economy. Starting this week, we will be publishing a blog post with links and notes associated with our weekly video, podcast, and newsletter. These notes may be…
GO >A Letter to Gray Capital Investors: Current State of the Economy
Gray Capital has changed our current market outlook and we are taking an immediate defensive posture given the current capital market and uncertain macroeconomic conditions.
GO >Multifamily Builders Address Housing Shortage
Several pieces of analysis, some robust research from the National Association of Home Builders (NAHB), and comments from the House Committee on Financial Services have brought serious attention to the need to build new housing supply. Housing demand has outpaced supply for years prior to the pandemic, and demand has only increased since then. Compounding…
GO >The Fed, Stock Market Volatility, and Multifamily Opportunities
In the newest Gray Report video, the Gray Capital team discusses the multifamily market in the context of recent stock market volatility, they compare the differences among the various predictions for 2022 from multifamily industry leaders, and they comment on the housing affordability crisis and potential effects on rent growth and inflation. Click the thumbnail…
GO >2022 Predictions: Who Gets it Right?
It is an exciting time to be a multifamily investor in 2022. Last year was a record-breaking year of rent growth and rising asset prices, which has increased the anticipation and interest in the group of research reports and forecasts published by multifamily experts and industry leaders. We have gathered some of the most prominent…
GO >Multifamily Investors Chasing Yield in New Markets
In the newest Gray Report video, the Gray Capital team discusses some of the conversations at the recent NMHC Apartment Strategies Conference, they review comprehensive multifamily reports from Marcus & Millichap and Berkadia, and they comment on the inflation pressures and market-specific housing supply projections that could affect the multifamily market in 2022. Sources and…
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Housing Bubble
in 2022?
Our latest Gray Report news video covers the potential for housing bubble in 2022 and explains how housing supply issues are driving the elevated prices in the market far more than the speculative fervor associated with a bubble. Also in the video, the Gray Capital team discusses reports from CoStar, Yardi Matrix, and Apartment List,…
GO >Multifamily and Housing Supply in 2022
Our latest Gray Report news video covers the issue of low housing supply in 2022, its significant impact on the multifamily market and the economy, and the work from developers and apartment builders to bring new supply into the market to meet the enormous levels of demand from renters and apartment buyers. The Gray Capital…
GO >Who’s Renting Your Apartment? Demographic Cohort Breakdown.
Berkadia has a nice write-up of the renter data that they use from RealPage, and RealPage put out a small report as well. The graph of the age-breakdown in renters is fairly appealing from an investment standpoint, and you can see this large group of younger millennials that will pass through peak renting years in…
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