Multifamily in the Time of High-Interest Rates

Comments from Fed chair Jerome Powell indicate that we are headed towards even higher interest rates, which will almost certainly present a larger obstacle for potential sellers of apartment properties looking to wait out current conditions and avoid selling in a softening market. Recent reports on housing demand, on the other hand, support continued strong fundamentals for multifamily assets. Sources discussed in this episode: Associated Press: “Powell says ‘no decision’ on the Fed’s next move on rates” - https://apnews.com/article/federal-reserve-powell-inflation-rates-economy-debt-89c49a1032527f2d2f1d6d674bafe187 The Gray Report: "Invaluable Apartment Market Analysis from Apartment List's Igor Popov" - https://youtu.be/geEPtm94LZA CBRE: “Looming Multifamily Oversupply Likely Will Be Short-Lived” - https://www.cbre.com/insights/briefs/looming-multifamily-oversupply-likely-will-be-short-lived Campden Wealth/Titan Bay: “The Ultra-High Net Worth Private Equity Investing Report 2023” - http://campdenwealthresearch.msgfocus.com/files/amf_campden_wealth/workspace_4/FINAL_Campden_Titanbay_UHNW_PE_report_0322c_spreads.pdf 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 podcast does not constitute professional financial advice and is for educational/entertainment purposes only. This podcast is not an offer to invest.