📉 Multifamily Market Recalibration: Why Cash Flow Now Matters More Than Growth 🏢

Bill Rapp, CRE Broker

Published on: 24/01/2026

The Multifamily Market Has Officially Reentered Its Discipline Era The multifamily sector is no longer operating under the assumptions that defined the pandemic boom. Ultra-low interest rates, aggressive rent growth forecasts, and appreciation-driven underwriting have given way to a far more conservative and cash-flow-centric credit environment.