The Multifamily Dispatch

This week, hosts Dan Gable and Matt Bastnagel discuss apartment supply trends, homeownership measurements, and the implications for the multifamily market.Subscribe to our weekly newsletter at TheMultifamilyDispatch.com.NOTE: This podcast is for informational/educational purposes only. This is not an offer to invest.

This week, hosts Dan Gable and Matt Bastnagel discuss the latest data on multifamily performance and inflation, and they also respond to recent commentary on regional multifamily performance.
Subscribe to our weekly newsletter at TheMultifamilyDispatch.com.
Sources discussed in this episode:
CoStar: “June Report: 0.8% Rent Growth Closes Out Slow Spring Leasing Season” - https://www.apartments.com/grow/learning-center/rent-growth-update-june-2026
RealPage: “U.S. Apartment Market Gains Momentum as Occupancy and Demand Improve” - https://www.realpage.com/analytics/2q-2026-data-update/
Yardi Matrix: “Multifamily National Report, June 2026” - https://www.yardimatrix.com/publications/download/file/8958-MatrixMultifamilyNationalReport-June2026
Apartment List: “National Rent Report, June 2026” - https://www.apartmentlist.com/research/national-rent-data
RealPage: "Despite Uptick, 2nd Quarter Apartment Supply Hits Below Recent Peaks" - https://www.realpage.com/analytics/2nd-quarter-2026-supply-update/
Trepp: “The Midwest Multifamily Investment Mirage: Why the “Safe Haven” Trade Is More Complicated Than the Headlines Suggest” - https://www.trepp.com/trepptalk/midwest-multifamily-investment-mirage
Harvard Joint Center for Housing Studies: “Managing Property Insurance Costs in Multifamily Affordable Housing Organizations” - https://www.jchs.harvard.edu/blog/managing-property-insurance-costs-multifamily-affordable-housing-organizations
Bureau of Labor Statistics: “Consumer Price Index, June 2026” - https://www.bls.gov/news.release/cpi.nr0.htm
CityMonitor: "Moving Day remembered,How a million New Yorkers used to move house on the same day every year." - https://www.citymonitor.ai/analysis/moving-day-how-1-million-new-yorkers-used-move-house-same-day-every-year-1320/
NOTE: This podcast is for informational/educational purposes only. This is not an offer to invest.

This week, hosts Dan Gable and Matt Bastnagel are joined by Paul Fiorilla, Director of Research at Yardi Matrix, in a wide-ranging discussion of the multifamily market, covering apartment fundamentals, property valuations, and the broader economic trends shaping the market.
For more from the Yardi Matrix research team:https://www.yardimatrix.com/publications
Subscribe to our weekly newsletter at TheMultifamilyDispatch.com.
NOTE: This podcast is for informational/educational purposes only. This is not an offer to invest.

This week, hosts Dan Gable and Matt Bastnagel discuss the latest reports on multifamily performance, analysis of the current high rate environment, and new data on consumer sentiment.
0:00 - Introduction0:43 - Apartment List Rent Report: Slow Progress6:10 - Marcus & Millichap: The Positive Spin We Love10:08 - High Interest Rates = Better CRE Performance?18:58 - Consumer Sentiment: More Slow Progress
Subscribe to our weekly newsletter at TheMultifamilyDispatch.com.

Sources discussed in this clip:

Apartment List: “National Rent Report, [June] 2026” - https://www.apartmentlist.com/research/national-rent-data

Marcus & Millichap: “Multifamily National Report, Fundamentals Hold Firm Despite Headwinds, Keeping Investors Engaged but Selective” - https://www.marcusmillichap.com/research/special-report/2026/06/2026-national-report-2q-multifamily

Newmark: “CRE Returns in a New Rate Regime, Cheering for Rate Cuts Is Cheering for Lower Returns” - https://www.nmrk.com/insights/thought-leadership/cre-returns-in-a-new-rate-regime-a-playbook-for-near-zero-job-growth

The Conference Board: “US Consumer Confidence Inched Up in June” - https://www.conference-board.org/topics/consumer-confidence/

The University of Michigan: “Index of Consumer Sentiment” - https://www.sca.isr.umich.edu/

NOTE: This podcast is for informational/educational purposes only. This is not an offer to invest.

This week, hosts Matt Bastnagel (Director of Research and Marketing), Kevin Burns (VP of Investor Relations), and Nick McCrackin (Director of Acquisitions) discuss the near-term outlook for the multifamily market and the long-term outlook for the housing market as a whole.
0:00 - Introduction0:53 - Is Housing Demand on the Path to Decline?15:21 - Multifamily Outlook21:48 - Multifamily Starts Down, "Reportedly"
Subscribe to our weekly newsletter at TheMultifamilyDispatch.com.
Sources discussed in this clip:
Mortgage Bankers Association: “Implications of a Persistent Slowing in Housing Demand” - https://www.mba.org/docs/default-source/research-and-forecasts/research-white-papers/29244-research-housing-demand-2026-whitepaper-wb.pdf
Yardi Matrix: “Summer 2026 Multifamily Outlook” - https://www.yardimatrix.com/publications/download/file/8819-MatrixMultifamilyNationalReport-Summer2026
RealPage: “Multifamily Starts Reportedly Plunge in May” - https://www.realpage.com/analytics/us-permits-may-2026/
NOTE: This podcast is for informational/educational purposes only. This is not an offer to invest.

This week, hosts Dan Gable (CEO, J+G Companies) and Matt Bastnagel (Director of Research and Marketing) discuss the new Federal Reserve Chair Kevin Warsh, affordable housing reports, and the implication for the multifamily investment market.
0:00 - Introduction0:53 - New Fed Chair Kevin Warsh12:31 - The State of the Nation's Housing Report29:05 - Yardi Matrix Affordable Housing Report
Subscribe to our weekly newsletter at TheMultifamilyDispatch.com.
Sources discussed in this clip:
Federal Reserve Open Market Committee: “Summary of Economic Projections" - https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20260617.pdf
Harvard Joint Center for Housing Studies: “The State of the Nation’s Housing 2026” - https://www.jchs.harvard.edu/sites/default/files/reports/files/Harvard_JCHS_The_State_of_the_Nations_Housing_2026_0.pdf
Yardi Matrix: “Affordable Housing National Report, June 2026” - https://www.yardimatrix.com/publications/download/File/8818-MatrixAffordableHousingNationalReport-June2026
National Low Income Housing Coalition - "The Gap: A Shortage of Affordable Homes"https://nlihc.org/gap
NOTE: This podcast is for informational/educational purposes only. This is not an offer to invest.

This week, hosts Dan Gable (CEO, J+G Companies) and Matt Bastnagel (Director of Research and Marketing) discuss recent jobs/inflation data and the implications for the Federal Reserve and interest rates, and they review the latest reports on the multifamily investment market.

0:00 - Introduction

0:46 - Distress and Loan Maturities

3:23 - Inflation Data: Jobs Report, CPI, and PPI

18:02 - Multifamily Investor Sentiment

22:26 - Apartment REIT Cap Rates

Subscribe to our weekly newsletter at TheMultifamilyDispatch.com.

Sources discussed in this clip:

GlobeSt: “Fed Divisions And Strong Jobs Cloud Rate Outlook” - https://www.globest.com/2026/06/08/fed-divisions-and-strong-jobs-cloud-rate-outlook/

Bureau of Labor Statistics: “Consumer Price Index, May 2026” https://www.bls.gov/news.release/cpi.nr0.htm

John Burns Research and Consulting: “CRE capital markets are tightening” - https://jbrec.com/insights/cre-multifamily-capital-tightens-2q26/#

GlobeSt: “Public Investors Push Coastal Multifamily Cap Rates Into The Sixes” - https://www.globest.com/2026/06/05/public-investors-push-coastal-multifamily-cap-rates-into-the-sixes/

Bureau of Labor Statistics: "The Employment Situation - May 2026" - https://www.bls.gov/news.release/empsit.nr0.htm

NOTE: This podcast is for informational/educational purposes only. This is not an offer to invest.

This week, hosts Dan Gable (CEO, J+G Companies) and Matt Bastnagel (Director of Research and Marketing) discuss new data on apartment fundamentals, a recent paper from Deloitte aiming to reinvent the apartment industry, signs of distress from multifamily owners, and regional trends in the housing market.

Subscribe to our weekly newsletter at TheMultifamilyDispatch.com.

0:00 - Introduction

0:58 - Distress and Loan Maturities

6:42 - Apartment Data Update

10:57 - Regional Home Price Trends

14:10 - Chicago Federal Reserve Paper on Consumer Sentiment Data

19:57 - Deloitte Reinvents the Apartment Market

Sources discussed in this clip:

Cushman & Wakefield: “Tipping the Balance Toward Sales Activity” - https://www.cushmanwakefield.com/en/united-states/insights/market-matters-exploring-real-estate-investment-conditions-and-trends

Apartment List: “May 2026 National Rent Report” - https://www.apartmentlist.com/research/national-rent-data

CoStar: “Apartments.com Releases Multifamily Rent Growth Report for May 2026” - https://www.costargroup.com/press-room/2026/apartmentscom-releases-multifamily-rent-growth-report-may-2026

Yardi Matrix: “National Multifamily Report, May 2026” - https://www.yardimatrix.com/publications/download/file/8816-MatrixMultifamilyNationalReport-May2026

RealPage: “U.S. Apartment Market Continues to Post Small but Consistent Gains” - https://www.realpage.com/analytics/may-2026-data-update/

National Association of Home Builders: “House Price Appreciation by State and Metro Area in the First Quarter of 2026” - https://eyeonhousing.org/2026/06/house-price-appreciation-by-state-and-metro-area-in-the-first-quarter-of-2026/

Cotality: “Home Price Insights, June 2026” - https://www.cotality.com/insights/articles/us-home-price-insights-june-2026

Federal Reserve Bank of Chicago: “Reassessing the Relationship Between Consumer Sentiment and Spending with a New Composite Index” - https://www.chicagofed.org/publications/chicago-fed-letter/2026/521

NOTE: This podcast is for informational/educational purposes only. This is not an offer to invest.

This week, hosts Dan Gable (CEO, J+G Companies) and Matt Bastnagel (Director of Research and Marketing) discuss the most recent data on consumer sentiment, an update on multifamily capital markets, and a recent Federal Reserve paper on extend and pretend practices in commercial real estate lending.
Subscribe to our weekly newsletter at TheMultifamilyDispatch.com.
Sources discussed in this clip:
The Conference Board: “US Consumer Confidence Edged Downward in May” - https://www.conference-board.org/topics/consumer-confidence/
University of Michigan: “Consumer Sentiment, May 2026” - https://www.sca.isr.umich.edu/
Newmark: “1Q26 U.S. Multifamily Capital Markets Conditions & Trends” - https://www.nmrk.com/insights/market-report/1q26-u-s-multifamily-capital-markets-conditions-trends
Colliers: “Q1 Capital Markets Report: U.S. Multifamily Enters a Rebalancing Phase” - https://www.colliers.com/en/research/dmc-nrep-uscm-usmf-colliers-capital-markets-multifamily-report-2026-q1
Federal Reserve Board: “Pretend or Amend? On Evergreening in CRE” - https://www.federalreserve.gov/econres/feds/files/2026025pap.pdf
NOTE: This podcast is for informational/educational purposes only. This is not an offer to invest.

This week, hosts Dan Gable (CEO, J+G Companies) and Matt Bastnagel (Director of Research and Marketing) discuss the recent rise in bond rates, and how higher lending costs could impact the multifamily investment market.
Subscribe to our weekly newsletter at TheMultifamilyDispatch.com.
Sources discussed in this clip:
Pensford: "What Brings Rates Back Down?" - https://www.pensford.com/industry-news/what-brings-rates-back-down
RealPage: “Interest Rates Reset the Rules for Multifamily Capital Markets” - https://www.realpage.com/analytics/webcast-capital-markets-may-2026/
Newmark: “1Q26 U.S. Multifamily Capital Markets Conditions & Trends” - https://www.nmrk.com/insights/market-report/1q26-u-s-multifamily-capital-markets-conditions-trends
CRE Daily: CRE Lenders Move From Extensions to Foreclosures - https://www.credaily.com/briefs/cre-lenders-finally-cut-losses-on-distressed-debt/
NOTE: This podcast is for informational/educational purposes only. This is not an offer to invest.