How state multifamily measures fared in the midterms
Why this matters
Multifamily has been the most actively underwritten sector through the rate cycle, with cap rate compression resuming in Sun Belt and gateway markets as 2024-2025 deliveries roll off and refinance demand on 2021-vintage bridge loans clears. Transaction velocity is up modestly, concentrated in stabilized Class A and grocery-adjacent garden assets. Allocators continue to favor residential for its income durability and its insulation from secular demand questions that still hang over commercial sectors.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed multifamily deal value tracked in November 2026: $11B across 43 reported transactions. All Multifamily coverage →
Computed from Real Estate Trail’s own tracked coverage
Voters across the country weighed in on funding, zoning, tax and permitting policies that could impact the rental housing industry.
External link. Real Estate Trail does not republish source content.
Related coverage — Multifamily
114-unit Brewerytown apartment complex put up for sale
CBRE Arranges $30M Sale of Multifamily Portfolio in Madison
CBRE has arranged the sale of a two-property multifamily portfolio totaling 108 units in Madison. Back Nine Acquisitions, LLC, purchased the property from Flad Development & Investments for $29.95 million. CBRE’s Gret…
Terrell breaks ground on apartment complex
South Florida property manager acquires Largo apartment complex for $57 million
Crescent Completes 146-Unit Melissa BTR Community
Crescent Communities opened HARMON Melissa, a new 146-unit rental community offering townhome living in Melissa, Texas, one of North Dallas’ fastest-growing towns. Residents can choose from nine distinct three- and fo…
Larkspur Capital Begins Leasing 219-Unit Multifamily Project in Dallas
DALLAS — Locally based developer Larkspur Capital has begun leasing The Juniper, a 219-unit multifamily project in Dallas. The site is located within a Qualified Opportunity Zone at 4003 Commerce St. in the Exposition…