Jeffreys Capital

According to the latest Apartment List rent report, the national multifamily vacancy rate has risen to 7.4% which is a record high dating back to 2017.

Even though the peak of the construction boom has passed, a large wave of new units is still coming online, colliding with slower renter demand.

The result? More available inventory and more competition for every lease.

Units now take 40 days on average to lease after being listed
That’s four days longer than a year ago
And more than twice as long as mid-2021, when demand was at its peak

Apartment List National Rent Report Apartment List publishes monthly rent reports to examine key trends in cities and states across the nation. How have rents in your city changed recently?

HUD moves to allow rapid eviction, work requirements, term limits

HUD moves to allow rapid eviction, work requirements, term limits The National Apartment Association and other industry groups applauded changes that roll back a requirement to give tenants a 30-day notice before eviction.

Blackstone president Jon Gray was interviewed by CNBC after the firm disclosed record redemptions of its flagship private-credit fund. But what he said that was revealing was that the bottom 5% of the $82 billion Blackstone Private Credit Fund was marked at 76 cents on the dollar.

Bozzuto, Invesco Launch $1B Bet on Distressed Apartments Partnership targets East Coast assets as market oversupply begins to ease.

Gold decisively above 5,000.

Another day another high: Gold surges past $5,100 as investors seek shelter from global risks The surge comes as recent flashpoints from Greenland and Venezuela to the Middle East underscore higher geopolitical risk, while fiscal concerns also loom large.

Gross domestic product increased at an upwardly revised ‌4.4% annualized rate

US third-quarter economic growth revised slightly higher — Reuters The U.S. economy grew a bit faster than initially thought in the third quarter, the government said on Thursday, while corporate profits ​were also revised higher.

Had a great evening with the Job Creators Network Foundation honoring Charlie Kirk. Met general, Mike Flynn, and economist Steven Moore.

This article misses the point that defaults are soaring. Deals will begin to pencil Q2 of this year as lenders will be forced to sell and the "pretend & extend" model ends. Forced sales are inevitable. Most major markets are already over supplied.

Why many new apartment developments don’t pencil out While tariffs are making headlines, interest rates and equity capital are also major hurdles in multifamily construction.

https://www.multifamilydive.com/news/greystar-rent-transparency-website/759645/

The story behind Greystar’s new website Jordan Kobert, senior managing director for digital technologies, says the site can easily adapt as AI evolves.

Foreclosures are quietly climbing again. But while the stress is rising, it's landing very differently depending on where you live.⁠
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New data from ATTOM shows U.S. mortgage foreclosure filings rose 21 percent year-over-year in November, with nearly 35,700 properties posting some type of foreclosure-related filing. That's the ninth straight annual increase, even as the month-to-month count dipped 3 percent.⁠
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The sharpest spike among big metros: Charlotte, with filings up 125 percent (about 1 in every 3,156 housing units). At the other end of the spectrum, Hartford, Connecticut, saw the biggest year-over-year decline in its foreclosure rate, down about 46 percent.⁠
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Translation: the trend is up, but the story is local — and uneven.⁠
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Tap the link in comments for the metro-by-metro breakdown, what's driving the shift and what it could signal for 2026 housing conditions. ⁠

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Important read for multifamily owners.

FTC Warns 13 Rental Software Firms After Greystar Settlement After last week’s settlement with Greystar, the Federal | The agency reiterates transparent rental pricing when marketing to consumers.

Some key takeaways from today’s Federal Open Market Committee (FOMC) meeting:

The FOMC voted 9–3 this afternoon to cut the rates rate by 25 basis points, establishing a new target range of 3.50–3.75%. The move was widely anticipated and fully priced into markets, though the 10-year Treasury remains 15–20 basis points higher than it was just a few weeks ago, as the market started to price in only one cut in the beginning part of 2026.

Dissent within the committee remained notable. Chair Miran again advocated for a 50 basis point cut, while Schmid and Austan Goolsbee voted against any cut. The Fed also authorized renewed purchases of short-term treasury securities to help maintain an “ample” level of bank reserves.