October 5, 2026 | 10:17 pm ET Ciara Long, New York City via Bisnow.com
Just a few years ago, real estate investors were salivating over apartment buildings as rents increased at a historic pace. But as persistent oversupply collides with the latest surge in borrowing costs, multifamily is out of favor, at least for now.
Increasing distress is now seen as inevitable for apartment owners that had been hoping for interest rates to come down as lenders pivot toward asset classes that are delivering better returns, executives said last week at Bisnow’s National Commercial Real Estate Finance event.
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