Fed Says No to Rate Cuts. What's Next for Apartment Investors?

With the Fed’s recent decision to keep rates at their current elevated levels, investors are facing a choice between increasingly positive multifamily fundamentals and an extended period of difficult financing. CNBC: “Fed keeps rates steady as it notes ‘lack of further progress’ on inflation” - https://www.cnbc.com/2024/05/01/fed-rate-decision-may-2024-.html Apartment List: “National Rent Report: ‘[G]rowth stalled out this month’” - https://www.apartmentlist.com/research/national-rent-data CBRE: “The Past May Still Be Prologue in Multifamily Markets” - https://www.cbre.com/insights/briefs/motm-the-past-may-still-be-prologue-in-multifamily-markets Pension Real Estate Association: “Compendium of Statistics” - https://www.prea.org/research/compendium/#:~:text=The%20Compendium%20of%20Statistics%20compiles,is%20available%20to%20members%20only. RealPage: “Multifamily Starts Plunge in March, Indicating When Supply Wave Could Taper” - https://www.realpage.com/analytics/multifamily-starts-plunge-in-march-indicating-when-supply-wave-could-taper/ Cushman & Wakefield: Top Trends in the Multifamily Market: “Occupancies Are Holding Up Despite Record Deliveries” - https://www.cushmanwakefield.com/en/united-states/insights/top-trends-across-cw-multifamily-portfolio Institutional Property Advisors: “Consumer Resilience Offers Benefits and Drawbacks for Commercial Real Estate” - https://www.institutionalpropertyadvisors.com/research/special-report/2024/04/research-brief-april-gdp For the latest multifamily news from across the internet, visit the Gray Report website: ⁠https://www.grayreport.com/⁠ Sign up for our free multifamily newsletter here: ⁠https://www.graycapitalllc.com/newsletter⁠ DISCLAIMERS: This video does not constitute professional financial advice and is for educational/entertainment purposes only. This video is not an offer to invest. Any offering would be made through a private placement memorandum and would be limited to accredited investors.