The Gray Report Podcast

War, Oil, and Multifamily


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Is the multifamily market about to break… or boom?

In this episode of The Gray Report, Spencer Gray sits down with Gray Capital senior analyst Addison Lubert to break down what’s really happening in multifamily right now.

📉 Flat rent growth
💰 Massive loan maturities coming due
🌍 War, oil shocks, and recession risk


Despite all the uncertainty, investors are still aggressively bidding on deals.

So what’s actually happening behind the scenes?

We dive into:
• Why deals are still getting bids even in a slow market
• The real impact of rising oil prices and geopolitics
• How loan maturities could create buying opportunities
• Why 2026 could be one of the best acquisition windows in years
• What “stabilization” actually means in multifamily investing

If you're a multifamily investor (active or passive), this episode breaks down the signals we’re seeing on the ground every day.

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The Gray Report PodcastBy Spencer Gray

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