multifamily Archives | M1 Capital Corp

As borrowing costs stay elevated, investors are gravitating toward smaller, older apartment buildings—and favorable agency financing appears to be a major factor. Two markets, two directions: While office sales in 2025 largely reflect the age of their existing supply (mostly 1980s-era buildings), the multifamily story looks very different. Many of this year’s apartment trades involve…

Despite a cooling in lending activity, total debt tied to commercial real estate continues to climb, edging closer to the $5 trillion mark. Debt Growth Persists: According to the Mortgage Bankers Association (MBA), commercial and multifamily mortgage debt outstanding increased by $46.8 billion in the first quarter of 2025, bringing the total to a record…

The multifamily housing sector is off to a difficult start in 2025, as revealed by the January 2025 NMHC Quarterly Survey of Apartment Market Conditions. Key Findings The survey’s four primary indices—Market Tightness (40), Sales Volume (41), Equity Financing (48), and Debt Financing (32)—all fell below the neutral benchmark of 50, signaling deteriorating conditions in…

Here’s our team’s predictions for 2025! 1. Multifamily Rent Growth Rebounds: After a challenging market period, multifamily rents are expected to see positive year-over-year growth. 2. Stable Interest Rates: Interest rates are projected to stabilize within the 3.75% to 4.75% range, offering a more predictable financing environment. 3. Rising Loan Losses: Real estate loan defaults…

Exterior of large building with 2 story condos

The U.S. multifamily market saw significant growth in demand during the third quarter of 2024, with a total of 176,000 units absorbed—the highest absorption rate since Q3 2021. This surge in demand came close to matching the 178,000 newly delivered units during the same period, narrowing the supply-demand gap to its smallest margin in three…