Today in Multifamily Housing - Pod #18 | July 30, 2025

Episode Description:

Welcome to Today in Multifamily Housing, your essential daily briefing on the trends, deals, and developments shaping the multifamily industry. In this episode, hosts Sarah Chen and Ben Carter break down the latest market intelligence from July 29, 2025, revealing a fascinating story of resilience, caution, and innovation across the sector.

Key Topics Covered:

🏢 National Market Paradox: Despite absorbing 116,000 units in Q2 2025 (the 6th highest quarterly absorption since 2000), rent growth has slowed to just 1.7% as owners prioritize occupancy over pricing in an uncertain economic climate.

📈 Washington D.C. Sales Explosion: The nation's capital saw a staggering 950% surge in multifamily sales volume to $646 million in Q2, including major institutional deals like the $266 million Incanto property sale.

🏗️ Construction Pipeline Crisis: National construction pipeline drops below 500,000 units for the first time since 2016 - a 50% reduction from 2023 peaks, setting up potential supply constraints for 2026.

💰 Billion-Dollar Developments:

• Gilbane Development lands $1 billion Norfolk, Virginia public housing transformation (1,000+ units across 55 acres)
• Tredway secures $60.5 million to preserve 602-unit Ocean Park Apartments in Queens

🏨 Innovation Spotlight: Hotel-to-apartment conversions emerge as a creative solution to housing shortages, with Sage Investment Group leading the charge across 27 properties in six states.

🏘️ Local Development: The Standard apartments breaks ground in Allentown, PA, with developer pivoting to more studio units to address affordability concerns for teachers and first responders.

Sponsor Message:

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Thought-Provoking Question:

With the construction pipeline shrinking but creative solutions like hotel conversions rising, where will the bulk of new housing supply come from in the next three years? Traditional new builds or adaptive reuse conversions?

Today in Multifamily Housing delivers essential industry insights to developers, investors, property managers, and housing professionals. Subscribe for daily updates on market trends, major transactions, policy changes, and innovative solutions driving the multifamily sector forward.

Tags: #MultifamilyHousing #RealEstate #HousingDevelopment #PropertyInvestment #AffordableHousing #MarketAnalysis #Construction #HousingCrisis