The long-term supply of affordable rental housing is at risk, new PHFA housing study finds
Why this matters
Capital markets activity continues to be defined by the rotation from bank balance sheets to non-bank lenders. Private credit funds have raised record dry powder; banks have tightened CRE underwriting standards for the sixth consecutive quarter. The result is a market where well-sponsored deals clear, and marginal credit pays a meaningful spread to do so. For LPs, the allocation conversation has shifted decisively toward real estate debt, with equity allocations being deployed more selectively into operator-led platforms.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed capital deal value tracked in September 2026: $23.5B across 49 reported transactions.
Computed from Real Estate Trail’s own tracked coverage
More than 43,000 rental units within the next 10 years face loss of affordability HARRISBURG, Pa., Sept. 30, 2026 /PRNewswire/ -- In the next 10 years, affordability restrictions on a third of the existing federally s…
External link. Real Estate Trail does not republish source content.
Related coverage — Capital
HiLITE Group plans INR 200 crore Shariah-certified real estate fund
HDFC's New REITs and Commercial Real Estate Index Fund: Can You Earn Property Income Without Buying Property?
Form 4 Redwood Private Real Estate Debt Fund For: 14 November
KBRA downgrades two MSC 2018-H4 ratings after CMBS pool performance weakens
Heath Freeman Buys San Jose Earthquakes and 18,000-Seat PayPal Park in $625MM Deal
Alden Global Capital President Heath Freeman has agreed to acquire the San Jose Earthquakes along with PayPal Park, the club-owned stadium on Coleman Avenue, in a transaction valued at $625 million that hands a media…