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BuzzHouse: Multifamily housing Q1 2023 market update

May 23, 2023 · Authored by Donald N. Bernards, Garrick Gibson, Brent W. Maier

Baker Tilly's podcast series specifically for professionals in the multifamily housing industry.

Brent Maier, principal and Baker Tilly national real estate valuation and advisory leader, returns to the BuzzHouse podcast to provide trends and insights on the multifamily housing industry’s first quarter of 2023.

Maier dives into the recent actions of the Federal Reserve and what to keep an eye on moving forward. Although employment rates remain strong, there is concern on corporations continuing to lay off workers. He also talks about interest rates in construction and how it affects the multifamily sector, trends in rent growth and comments on why cap rates are slowly increasing.

View Baker Tilly’s Q1 2023 commercial real estate market report

Listen to more podcasts in this series

Special guests

Brent W. Maier

3BBrent Maier is the national real estate advisory leader with Baker Tilly’s development and community advisory practice.

BuzzHouse hosts

Donald N. Bernards

Donald Bernards, principal in the real estate group with Baker Tilly, has been active in many aspects of affordable housing since 1999.

Garrick Gibson

Garrick Gibson, a principal with Baker Tilly, specializes in partnership tax concepts and tax incentivized real estate for development projects.

Multifamily housing resources

For articles, webinars and additional resources for developers, housing authorities, property managers, state housing credit agencies and lenders, visit our multifamily housing page.

For more information on this topic, or to learn how Baker Tilly specialists can help, contact our team.