The Gray Report Podcast

Growing Distress in the Multifamily Market?


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Data on multifamily loan delinquencies and special servicing shows a slow buildup throughout 2024 that could lead to greater distress in 2025, which is particularly relevant given the challenges expected for multifamily operations with apartment supply still elevated and economic uncertainty putting downward pressure on rent growth. better prospects moving forward which could create investment opportunities as the year progresses.Sources discussed in this episode:Fannie Mae: “What's Driving the Increasing Importance Consumers Place on Their Homes” - https://www.fanniemae.com/research-and-insights/publications/housing-insights/increasing-importance-consumers-place-homesMarcus & Millichap: “The Forces Driving Long-Term Rental Housing Demand” - https://www.marcusmillichap.com/research/videos/the-forces-driving-long-term-rental-housing-demandYardi Matrix: “National Affordable Housing Report, March 2025” - https://www.yardimatrix.com/publications/download/File/6939-MatrixResearchBulletin-AffordableHousingReport-March2025Moody’s Analytics: “Q4 2024 Housing Affordability Update” - https://www.moodyscre.com/insights/cre-trends/q4-2024-housing-affordability-update/CRED iQ: “Multifamily Distress Volumes Hits 12-Year High” - https://cred-iq.com/blog/2025/02/27/multifamily-distress-volumes-hits-12-year-high/CRED iQ: “Top 50 Markets by CRED iQ Distress Metrics” - https://cred-iq.com/blog/2025/03/20/top-50-markets-by-cred-iq-distress-metrics-3/Download Gray Capital's latest report: ⁠https://www.graycapitalllc.com/window/⁠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.

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The Gray Report PodcastBy Spencer Gray

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