Economy good. Capital markets bad.

Economy June 02 23

Signs of positive signs for job growth and housing demand are at odds with sluggish commercial real estate capital markets, but key developments could spur more activity among investors and property owners.

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Multifamily Loans Are Coming Due. What Happens Next?

multifamily-loans-May-26-23

Fannie Mae predicts recession, Freddie Mac expects interest rates to remain elevated for the long term, and there is growing attention on the impact of upcoming loan maturities in the multifamily investment market. Continued signs of growing housing demand support the strong fundamentals of the multifamily market, but investment sales activity remains low in the…

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Multifamily Loans Are Coming Due: What Happens Next?

multifamily-loans-next-May-26-2023

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

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A.I., Loan Distress, and the Future of the Multifamily Market

AI-Loan-May-19-23

The potential for distress looms large over the commercial real estate market, and a recent report notes that the multifamily market “has the most significant amount of debt maturities coming due” and, “pricing is off the most of any asset class.” With elevated interest rates as a persistent challenge, these debt maturities could have a…

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A.I., Loan Distress, and the Future of Commercial Real Estate

rent-growth-May-13-2023

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

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Rent Growth Trending Positive, Inflation Persists

Rent Growth May 14 23

New rent growth data⁠ cements a robust positive trend for multifamily performance, with four consecutive months of increasing monthly rent growth and forecasts that ⁠Q2 rent growth could exceed⁠ pre-pandemic averages if current trends continue. On the other hand, the rent growth measured in the ⁠Consumer Price Index⁠, (0.6% month-over-month and 8.8% year-over-year), continues to…

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0.25% Rate Hike: Will This One Be the Last?

Rate Hike May 7 23

The Federal Reserve increased the Federal Funds rate by 25 BPS, breaking the 5% barrier in a rate hike that was largely anticipated by the markets, but with comments by Fed Chair Powell indicating a pause in interest rate increases, the next meeting of the Federal Reserve could be a significant indicator of the Fed’s…

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Is This the Last Fed Rate Hike?

last-fed-rate-May-07-2023

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

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What Fannie Mae Doesn’t Want You to Know about Rent Growth

Fannie-mae-doesnt-want-April-23-2023

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

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