Venture capital fund Andreesen Horowitz pumps more money into WeWork founder’s apartment investment company, Flow. Is it worth the money, and what’s the real investment? We discuss the housing dynamics that are catching Flow investors' attention and the commercial real estate dynamics that are highlighting multifamily's solid performance amid a shaky CRE market.Sources discussed in this episode: Bisnow: “Marc Andreessen Is 'Doubling Down' On Adam Neumann’s Flow” - https://www.bisnow.com/national/news/capital-markets/marc-andreessen-is-doubling-down-on-adam-neumanns-growing-cre-empire-129777 Curbed (New York Magazine): " The Baffling Return of Adam Neumann, Megalandlord" - https://www.curbed.com/article/what-we-know-about-adam-neumanns-flow.html Andreesen Horowitz: "Flow" - https://a16z.com/announcement/flow/ Trepp: “Housing Becomes a Luxury Good; Good News for Apartments” - https://www.trepp.com/trepptalk/housing-becomes-a-luxury-good-good-news-for-apartments NAHB: “Household Real Estate Asset Value Falls to Start the Year” - https://eyeonhousing.org/2025/06/household-real-estate-asset-value-falls-to-start-the-year/?_ga=2.18177209.1614152077.1750087620-1404932238.1722348736 Cushman & Wakefield: “Midpoint 2025, Economic and CRE Outlook” - https://digital.cushmanwakefield.com/united-states-midpoint-2025/ Learn more about Gray Capital's Midwest Multifamily Fund: https://www.graycapitalllc.com/midwest Download Gray Capital's latest report: ⁠https://www.graycapitalllc.com/midwest-report/⁠ 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. Any offering would be made through a private placement memorandum and would be limited to accredited investors.