News
Multifamily Industry News Roundup – March 2025
IMG’s principals share a curated collection of recent headlines to help you understand what’s happening in today’s multifamily industry, illuminating the latest trends and pivotal developments in the market.
Will Multifamily Thrive in ’25?
Multi-Housing News
By Stephan Coste
The multifamily real estate market for 2025 holds optimism due to economic shifts and accessible financing options. Despite rising construction costs, labor shortages, and lengthy approval processes, the sector remains resilient, with rents expected to stabilize as fewer new projects are delivered. Key challenges include aligning capital costs with yields, but liquidity and the sector’s strong fundamentals offer reasons for confidence in its stability and long-term growth. Read more
Apartment, multifamily housing groups ask Trump to review housing regulations
Smart Cities Dive
By Mary Salmonsen
The National Apartment Association and the National Multifamily Housing Council urged President Trump to review and revise over 32 federal regulations affecting the housing industry. Their concerns include high construction costs, the impact of interest rates, and a regulatory framework that impedes affordability. Specific requests include clarifications on eviction notices and revisions to Housing and Urban Development policies to improve efficiency and reduce costs, aiming to increase housing supply and affordability. Read more
Apartment Rent Slump Could Reverse as Permitting Plummets
GlobeSt
By Kristen Smithberg
A decline in multifamily rents in top metro areas may reverse due to low levels of permitting, with only 294K multifamily units approved in 2024, down from 318K in 2020. This shortage, combined with rising demand in some regions, could push rents higher. Markets with more multifamily permitting saw rent decreases, while areas with fewer approvals, such as New York and Detroit, saw rents increase, highlighting the potential impact of supply constraints on rent prices. Read more
2025 Global Investor Intentions Survey
CBRE
The survey indicates investors remain optimistic despite higher-than-expected interest rates, with many planning to increase their real estate investments in 2025. Favorable pricing and strong economic fundamentals, such as continued job growth, are key drivers for increased capital allocation, particularly in multifamily and industrial assets. Although there is caution due to potential volatility in long-term rates, investor interest in real estate remains robust, with more bidder activity observed monthly. Read more