Lets Have A Drink (new York)

Multifamily is under pressure from every direction, and yet it is still expected to fix America's housing crisis.A record wave of new supply has hit the market, pushing vacancy higher and rent growth flat or negative in several Sun Belt metros. At the same time, Washington is turning up the heat, with voices like Sen. Elizabeth Warren targeting institutional ownership and the Federal Trade Commission applying new scrutiny to rental fees.But with the bulk of the supply tsunami behind us, could 2026 be the turnaround year? Or will it be just another step in a longer reset? On this episode of First Draft Live, Bisnow sits down with Bob Hart, president and CEO of TruAmerica Multifamily, to break down where the market actually stands, where capital is flowing and how investors are making the math work in a sector caught between rising pressure and uncertain recovery.