Multifamily Delinquency as of Q4 2025
The delinquency rate for multifamily real estate varies significantly based on the type of loan and the institution holding the debt. While the broader commercial real estate market faced headwinds, multifamily performance showed signs of stabilization late in the year. The distress in multifamily loans has been more sporadic than widespread in 2025, representing a […]
Market Observations and Commentary for the Multifamily Sector
As of the final quarter of 2025, the U.S. multifamily market is being described as a “strategic turning point” because it marks the simultaneous convergence of three major cyclical shifts: the supply wave peak, the precipitous drop in construction starts, and the pivot in monetary policy. After two years of stagnation and “survival mode” for […]