10Y UST4.98%-1.39%30Y MTG7.24%-1.09%SOFR3.94%VNQ$93.94+0.07%XLRE$43.17+0.26%FED FUNDS3.88%
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The Registry · Multifamily

MidPen Housing Celebrates Framing of 71-Unit Cypress Point Affordable Community in Moss Beach

Via The Registry · September 17, 2026
Compiled by Real Estate Trail Editorial · September 17, 2026

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

Computed from Real Estate Trail’s own tracked coverage

Excerpt from The Registry:
Nearly four decades after the site was first zoned for housing, MidPen Housing celebrated the framing of 71 affordable homes on San Mateo’s Coastside, backed by $17.86 million in state farmworker and multifamily housi…
Read the full article at The Registry →

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