The Federal Reserve raised its benchmark rate by 25 basis points this week, moving the target range to 3.75% to 4%. It is the first increase since 2023, driven by persistent inflation from higher energy costs and the lingering effects of tariffs, and the Fed's own projections leave room for another move before year end.…
Most multifamily investors cut their teeth on value-add deals: they acquire a property that already has tenants, income, and a track record, then improve it from there. Ground-up multifamily development demands a different kind of patience. No rent roll waits on day one, no tenants occupy the units yet, and sometimes not even a building…
