Resources
Made in the Midwest
Source – CBRE: “Made in the Midwest” Summary The “onshoring” or “reshoring” movement is more closely linked to industrial real estate than apartment real estate, but these plans to bring more manufacturing and production within the country can really transform a market or sub-market. I’m not sure what the effect could be across the country…
GO >CRE Overview: Stable Multifamily, Improving Economy
Source – Moody’s Analytics: “Q1 2024 Preliminary Trend Announcement”Source – The Conference Board: “U.S. Leading Economic Indicators”Source – The Wall Street Journal: “What’s Wrong with the Economy? It’s You, Not the Data” Summary Economy: This isn’t explicitly stated in the Moody’s report, but alongside the GDP revised upward is recent data from the Conference Board…
GO >Biden Administration Takes on Algorithmic “Rent Gouging”
Source – CNBC: “Biden targets ‘rent gouging’ landlords as high housing costs factor into 2024 race” Right up front here, my take on this is that the Biden campaign is lumping rents in with a more generalized critique of corporations raising prices excessively and contributing to inflation. Getting a little deeper—and if we’re talking about…
GO >This Time is Different: Millennials’ Shift from Urban Centers Challenges Back-to-the-City Narrative
Source – Moody’s Analytics: “This Time is Different: A Counter to the Urban Doom Loop Narrative” Mixed-use buildings, “child rearing continues to be delayed into later life,” and “the number of creative professionals, which tend to have a greater proclivity and/or need for urban living, has increased in recent decades” I need to know how…
GO >February 2024 Rental Report: Renting a starter home is more affordable than buying one in all 50 metros
Source – Realtor.com: “February 2024 Rental Report: Renting a starter home is more affordable than buying one in all 50 metros” In every single one of the metros that Realtor.com tracks—every single one—the cost of home ownership is higher than renting. There’s a little bit of strangeness in the title here… “Renting a starter home”?…
GO >Assessing Investor Sentiment: A Window Of Opportunity
Source – CBRE: “Assessing Investor Sentiment: A Window Of Opportunity” I believe that CBRE has felt the winds changing. This is more of a follow-up on their recent investor sentiment survey a few weeks ago, but there are some juicy takeaways here. Some solid analysis, and the first sentence of their summary here is 100%…
GO >Multifamily Crash in 2024? Probably Not.
Source – BiggerPockets: Multifamily Is at High Risk of Continuing Its Historic Crash in 2024—Here’s Why I do appreciate that the topic of this guy’s article last year was the same as it is this year, tracking the same subject, so to speak, and it’s worth digging into each of these points. And the author,…
GO >2024 U.S. Investor Intentions Survey: Investment Activity Expected to Increase
Source – CBRE: “2024 U.S. Investor Intentions Survey: Investment Activity Expected to Increase” We’ll be looking at demand from apartment renters in a moment, and I’ll say right now that compared to the demand from multifamily investors, we have a fairly crystal-clear view of the demand of apartment renters. Maybe it’s just me! But I…
GO >Earn 10% in 2022
The economy is in a volatile and uncertain place, and with inflation and rising interest rates leading to greater risk for investors and a downturn in the stock market, cash flow is the new imperative. In this video, Gray Capital President, CEO, and Co-Founder Spencer Gray explains how Gray Capital’s multifamily investment fund, The Gray…
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…
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