This week on The Gray Report, Spencer and Griffin break down why the Midwest is quietly becoming one of the most compelling real estate investment stories in the country — and why most investors still aren’t paying attention. We also cover: 📊 Apartment List’s April rent report — are we seeing the start of a spring bounce, or are we still firmly in the trough?

🏗️ RealPage’s latest supply data — the wave is finally receding, and the Midwest is seeing the least new supply of any region
🏛️ The 21st Century Roads to Housing Act — the bipartisan bill that was supposed to solve the housing crisis but may be making it worse, and why Trump may be backing away from it
🤖 A first look at Gray Capital’s proprietary AI tool, the Holodeck — 37,000 AI agents running scenario analysis on the bill’s chances of passage

Plus: we’re launching a new LP Spotlight series — hear from the entrepreneurs, executives, and operators who invest in Gray Capital deals and the stories that got them there.

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