Most multifamily borrowers approach feasibility work as a single deliverable. One market study, one rent comp set, one absorption schedule, sized to whichever lender happens to be in front of them at the time. This is the wrong frame, and it produces the wrong file. A feasibility study built for an SBA-financed senior living conversion has almost nothing in common with the deliverable an EB-5 Regional Center needs for a garden apartment build, and neither resembles the apprai

Market Performance Overview: Vacancy, Rent Growth, and Absorption Trends The U.S. multifamily sector enters 2026 at a critical inflection point. After absorbing the largest wave of new apartment supply since the 1980s, the national market is finally approaching a rebalancing threshold. However, the path to equilibrium remains uneven, shaped by a persistent supply overhang in select geographies, decelerating employment growth, and a construction pipeline that, while thinning r

Warfield Building at 988 Market Street, San Francisco, CA A Downtown of Vacant Offices and Pricey Housing San Francisco’s downtown has been caught in a paradox: gleaming office towers sit half-empty while the city suffers a notorious housing shortage. The pandemic emptied out many high-rises as remote work took hold, pushing the office vacancy rate to record heights – nearly one-third of office space sat unused at the peak. By late 2025, about 42 million square feet of San

Today’s real estate landscape in Florida has been reshaped by the Live Local Act (Senate Bill 102 of 2023) – a sweeping affordable housing law that preempts local zoning to encourage multifamily developmen t. Background and Objectives of the Live Local Act Florida’s Live Local Act was signed into law in 2023 amid a statewide housing affordability crisis. With broad bipartisan support, the Act aims to spur the production of affordable and workforce housing by removing local