Episode Description:

Welcome to Today in Multifamily Housing, Pod #21! Join hosts Alex and Ben on Friday, August 1st, 2025, as they dive deep into the latest developments shaping the multifamily real estate industry.

🏢 Episode Highlights:

Market Analysis: "Multifamily in Neutral" Explore the current state of the multifamily market through a comprehensive mid-year reassessment. Our hosts break down why industry experts are calling 2025 a year of "recalibration" rather than retreat, examining the tug-of-war between high capital costs and unwavering rental demand.

Major Development News:

• Core Spaces' Bold Move: Massive mixed-use towers planned for Columbia, South Carolina, combining market-rate apartments with student housing in a "live-learn-play" ecosystem
• Manhattan Mega-Deal: Bushberg's $320 million financing for converting 80 Pine Street into 700+ residential units - a prime example of adaptive reuse at scale

Industry Recognition: Asset Living claims the #2 spot in Multi-Housing News' Top 50 Multifamily Property Management Firms of 2025, highlighting the critical importance of operational excellence in today's challenging market.

🎯 Key Topics Covered

• Interest rates and negative leverage impacts
• Construction starts down 30% from peak levels
• National occupancy holding steady at 94.5%
• The rise of suburban, low-to-mid-density developments
• Office-to-residential conversion trends
• Property management innovation and efficiency

💭 Thought-Provoking Question

What will be the next big, innovative strategy that successfully breaks through the market's inertia and gets capital flowing again?

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