Sign up to save your podcasts
Or
Share CPI, Interest Rates, and Blackstone's $10B Multifamily REIT Acquisition
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
CPI, Interest Rates, and Blackstone's $10B Multifamily REIT Acquisition
A 3.5% annual jump in CPI inflation numbers has led investors and experts to rethink their expectations of an interest rate cut in mid-year 2024, but Blackstone's recent agreement to acquire Apartment Income REIT Corp. for $10 billion could spark greater investment activity in spite of elevated interest rates, especially given the improving fundamentals in the apartment market.
Sources discussed in this episode:
CPI: “Consumer Price Index, March 2024” - https://www.bls.gov/news.release/cpi.nr0.htm
The Wall Street Journal: “Blackstone Making $10 Billion Multifamily Purchase, Going on the Real Estate Offensive” - https://www.wsj.com/real-estate/blackstone-making-10-billion-multifamily-purchase-going-on-the-real-estate-offensive-f3126928
Yardi Matrix: “Multifamily Sets Strong Early Tone in 2024” - https://www.yardimatrix.com/publications/download/file/5355-MatrixMultifamilyNationalReport-March2024
RealPage: “RealPage Slightly Strengthens Forecast in Most Apartment Markets Based on Economic Indicators” - https://www.realpage.com/analytics/1q24-foreast-update/
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
Learn more about Gray Capital's latest multifamily investment offering for accredited investors: https://www.graycapitalllc.com/new-offering/
DISCLAIMERS: This podcast does not constitute professional financial advice and is for educational/entertainment purposes only. This podcast is not an offer to invest. Any offering would be made through a private placement memorandum and would be limited to accredited investors.
View all episodes
By Spencer Gray
5
88 ratings
A 3.5% annual jump in CPI inflation numbers has led investors and experts to rethink their expectations of an interest rate cut in mid-year 2024, but Blackstone's recent agreement to acquire Apartment Income REIT Corp. for $10 billion could spark greater investment activity in spite of elevated interest rates, especially given the improving fundamentals in the apartment market.
Sources discussed in this episode:
CPI: “Consumer Price Index, March 2024” - https://www.bls.gov/news.release/cpi.nr0.htm
The Wall Street Journal: “Blackstone Making $10 Billion Multifamily Purchase, Going on the Real Estate Offensive” - https://www.wsj.com/real-estate/blackstone-making-10-billion-multifamily-purchase-going-on-the-real-estate-offensive-f3126928
Yardi Matrix: “Multifamily Sets Strong Early Tone in 2024” - https://www.yardimatrix.com/publications/download/file/5355-MatrixMultifamilyNationalReport-March2024
RealPage: “RealPage Slightly Strengthens Forecast in Most Apartment Markets Based on Economic Indicators” - https://www.realpage.com/analytics/1q24-foreast-update/
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
Learn more about Gray Capital's latest multifamily investment offering for accredited investors: https://www.graycapitalllc.com/new-offering/
DISCLAIMERS: This podcast does not constitute professional financial advice and is for educational/entertainment purposes only. This podcast is not an offer to invest. Any offering would be made through a private placement memorandum and would be limited to accredited investors.
More shows like The Gray Report Podcast
View all
America‘s Commercial Real Estate Show
138 Listeners
BiggerPockets Real Estate Podcast
16,791 Listeners
Real Wealth Show: Real Estate Investing Podcast
404 Listeners
The Best Ever CRE Show
992 Listeners
Get Rich Education
609 Listeners
Tax Smart Real Estate Investors Podcast
414 Listeners
Animal Spirits Podcast
1,992 Listeners
The WealthAbility Show with Tom Wheelwright, CPA
523 Listeners
The Fort
479 Listeners
Ken McElroy Show
717 Listeners
All-In with Chamath, Jason, Sacks & Friedberg
8,630 Listeners
The Weekly Take from CBRE
152 Listeners
The TreppWire Podcast: A Commercial Real Estate Show
214 Listeners
PBD Podcast
3,919 Listeners
The Walker Webcast
142 Listeners