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Powerhouse Poll Forecasts Increased Multifamily Sales in 2025

Renter demand is expected to exceed apartment supply this year, according to Berkadia’s 2025 Multifamily Powerhouse Poll Outlook. Fifty-nine percent of the 320 Berkadia investment sales advisors and mortgage bankers surveyed expect this, with Class A and Class B rental housing and affordable housing properties anticipated to attract the most investor interest.

Although 47% of respondents to the eighth annual Berkadia poll believe inflation will continue making a moderate-to-significant impact on commercial real estate investment activity, 62% expect transaction volume to increase under the Trump administration.

“Despite ongoing challenges like inflationary pressures, high interest rates, and rising distressed opportunities, investors continue to recognize significant opportunities in the multifamily sector,” said Berkadia EVP and head of production Ernie Katai. “Although market fundamentals are expected to remain soft through 2025 with new supply coming online, the core drivers of rental housing remain solid, and investor confidence in the sector remains high.” 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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