Event Replay: Multifamily Market Outlook 2025

February 20, 2025

Jeffrey Adler, Vice President of Yardi® Matrix, in discussion with Todd Williams, CIO of Grubb Properties, recently delivered his strategic outlook for the U.S. economy, multifamily supply and demand, opportunities in slow- and fast-growing geographic markets, and the dynamics that will shape investment opportunities in 2025 and beyond during the webinar Multifamily Economic and Market Forecast 2025.

“Drawing on his deep experience and data-driven insights, Jeffrey offered a compelling case for why 2025 is a likely turning point for the multifamily industry, including essential housing that caters to renters in the 60% to 140% range of area median income,” says Grubb Properties’ Williams. “We’re grateful to him for sharing his conclusions with our investors and other stakeholders.”
 

Key takeaways from Mr. Adler’s comprehensive presentation included:

• The U.S. has a structural housing shortage due to building regulations, zoning and permitting delays, which is unlikely to be resolved for at least 10 years
• The U.S. multifamily housing market continues to perform well, with demand absorbing supply
• Multifamily completions will remain robust in 2025, before declining in 2026 and 2027, which will boost performance of multifamily fundamentals
• Promising multifamily opportunities exist in markets with high-growth, dynamic economies and light regulation as well as those with slow- or no growth and heavy housing regulations

You can watch a full replay of the webinar here: Multifamily Economic and Market Forecast 2025

If you would like us to contact you to discuss our available multifamily investment opportunities, click here to connect with our Capital Formations team.

About Jeffrey Adler

Jeffrey Adler is Vice President, Yardi® Matrix, which offers the Commercial Real Estate industry’s most comprehensive market intelligence service for multifamily (market rate, affordable, and SFR BTR), office, industrial, retail, self-storage and student housing property types. Prior to joining Yardi®, Mr. Adler held positions at AIMCO, Progressive Insurance, Oppenheimer & Co. and Strategic Planning Associates Inc., among others. He holds a bachelor’s degree from Yale University and an MBA from the Wharton School of the University of Pennsylvania. Mr. Adler is a Board Member of the National Multifamily Housing Council (NMHC), Former Chairman of the Urban Land Institute’s (ULI) Multifamily Silver Council, and lecturer at Harvard University’s Graduate School of Design Real Estate Executive Education program.