The multifamily market faces a substantial turning point, and Gray Capital's newest report identifies the exact moment when this shift is expected to occur. The report explores how multifamily property sales and interest rate expectations made at the multifamily market's 2021 peak have created new opportunities in 2023 for investors to get ahead of market volatility and take advantage of strategic opportunities at the right moment. With data on loan maturities, Federal Funds rate projections, and apartment sales, this report identifies the specific time when apartment investors can expect a potential wave of distressed assets as multifamily borrowers face costly refinancing that makes selling at a lower price much more advantageous.