{"id":9052,"date":"2026-08-14T16:21:49","date_gmt":"2026-08-14T23:21:49","guid":{"rendered":"https:\/\/www.lee-associates.com\/northwest\/?p=9052"},"modified":"2026-09-10T11:27:07","modified_gmt":"2026-09-10T18:27:07","slug":"multifamily-investment-review-fall-2026","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/northwest\/2026\/08\/14\/multifamily-investment-review-fall-2026\/","title":{"rendered":"Multifamily Investment Review Fall 2026"},"content":{"rendered":"<div id=\"pl-9052\"  class=\"panel-layout\" ><div id=\"pg-9052-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-9052-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9052-0-0-0\" class=\"so-panel widget widget_sow-image panel-first-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-dbf295114b96-9052\"\n\t\t\t\n\t\t>\n<div class=\"sow-image-container\">\n\t\t\t<a href=\"https:\/\/indd.adobe.com\/view\/54d6c8ae-5444-4fd5-921c-e9ff56bf0762\"\n\t\t\t\t\t>\n\t\t\t<img \n\tsrc=\"https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Coverpage.jpg\" width=\"396\" height=\"612\" srcset=\"https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Coverpage.jpg 396w, https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Coverpage-194x300.jpg 194w\" sizes=\"(max-width: 396px) 100vw, 396px\" alt=\"\" \t\tclass=\"so-widget-image\"\/>\n\t\t\t<\/a><\/div>\n\n<\/div><\/div><div id=\"panel-9052-0-0-1\" class=\"so-panel widget widget_sow-headline panel-last-child\" data-index=\"1\" ><div class=\"panel-widget-style panel-widget-style-for-9052-0-0-1\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-headline so-widget-sow-headline-default-584a3f0ce090-9052\"\n\t\t\t\n\t\t><div class=\"sow-headline-container \">\n\t\t\t\t\t\t\t<h4 class=\"sow-sub-headline\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/indd.adobe.com\/view\/54d6c8ae-5444-4fd5-921c-e9ff56bf0762\" >\n\t\t\t\t\t\t\t\tDownload The Investment Review Here<\/a>\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t\t<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pgc-9052-0-1\"  class=\"panel-grid-cell\" ><div id=\"panel-9052-0-1-0\" class=\"so-panel widget widget_sow-headline panel-first-child\" data-index=\"2\" ><div class=\"panel-widget-style panel-widget-style-for-9052-0-1-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-headline so-widget-sow-headline-default-9d7b7a06144e-9052\"\n\t\t\t\n\t\t><div class=\"sow-headline-container \">\n\t\t\t\t\t\t\t<h3 class=\"sow-sub-headline\">\n\t\t\t\t\t\t<strong>STATE OF THE MARKET<\/strong>\t\t\t\t\t\t<\/h3>\n\t\t\t\t\t\t<\/div>\n<\/div><\/div><\/div><div id=\"panel-9052-0-1-1\" class=\"so-panel widget widget_sow-editor panel-last-child\" data-index=\"3\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p>Over the past three years, Seattle\u2019s multifamily market has undergone one of the fastest transitions in its history. The extraordinary apartment construction cycle that followed the pandemic, combined with the sharpest increase in interest rates in decades, fundamentally reshaped the investment landscape. Today, however, the market appears to have reached an important inflection point. The rapid correction has largely run its course, operating fundamentals have stabilized, and investors are increasingly adapting to a market defined less by uncertainty and more by disciplined decision-making.<\/p>\n<p>That transition is occurring against one of the most challenging macroeconomic environments in recent memory. At the beginning of the year, economists anticipated multiple Federal Reserve interest rate cuts. Instead, persistent inflation, driven in part by higher energy prices following conflict in the Middle East, and a surprisingly resilient labor market have shifted expectations toward a higher-for-longer interest rate environment. Slower economic growth, elevated inflation, and geopolitical uncertainty continue to influence business investment decisions nationwide, and commercial real estate remains closely tied to those broader capital market dynamics.<\/p>\n<p><a href=\"https:\/\/indd.adobe.com\/view\/54d6c8ae-5444-4fd5-921c-e9ff56bf0762\">READ MORE<\/a><\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-9052-1\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-9052-1-0\"  class=\"panel-grid-cell\" ><div id=\"panel-9052-1-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child\" data-index=\"4\" ><div class=\"panel-widget-style panel-widget-style-for-9052-1-0-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<table style=\"border-collapse: collapse;width: 100%\">\n<tbody>\n<tr>\n<td style=\"width: 32.426%\"><strong>SALES VOLUME<\/strong><\/td>\n<td style=\"width: 67.574%\"><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 32.426%;vertical-align: top\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-9055 \" src=\"https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Sales-Volume-300x234.png\" alt=\"\" width=\"328\" height=\"256\" srcset=\"https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Sales-Volume-300x234.png 300w, https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Sales-Volume-768x599.png 768w, https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Sales-Volume.png 829w\" sizes=\"auto, (max-width: 328px) 100vw, 328px\" \/><\/td>\n<td style=\"width: 67.574%;vertical-align: top\">For the first half of 2026, the total sales volume came in just over $1.25B, just 58% of the volume we saw in the first half of 2025 and only 35% of the volume in the second half of the year.<\/p>\n<ul>\n<li><strong>King County<\/strong> H1 2025 volume was 56% of H1 and 27% of H2.<\/li>\n<li><strong>Pierce County\u2019s<\/strong> H1 2026 volume was 36% of H1 2025 volume and just 14% of H1 2025 volume.<\/li>\n<li><strong>Snohomish<\/strong> volume was 73% of H1 2025 but 1% higher than in H2 2025, making it the only market that had higher volume than in either H1 or H2 of last year.<\/li>\n<\/ul>\n<p>By the numbers, there were a total of 126 sales in H1 2026, 94 in King County, 13 in Pierce, and 19 in Snohomish. We often see stronger sales volume in the second half of the year so 2026 total sale velocity will be telling.<\/p>\n<p>&nbsp;<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div><\/div><\/div><div id=\"panel-9052-1-0-1\" class=\"so-panel widget widget_sow-editor\" data-index=\"5\" ><div class=\"panel-widget-style panel-widget-style-for-9052-1-0-1\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<table style=\"border-collapse: collapse;width: 100%\">\n<tbody>\n<tr>\n<td style=\"width: 32.426%\"><strong>PRICE PER UNIT<\/strong><\/td>\n<td style=\"width: 67.574%\"><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 32.426%;vertical-align: top\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-9056 \" src=\"https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Price-Per-Unit-300x139.png\" alt=\"\" width=\"335\" height=\"155\" srcset=\"https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Price-Per-Unit-300x139.png 300w, https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Price-Per-Unit-768x357.png 768w, https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Price-Per-Unit.png 838w\" sizes=\"auto, (max-width: 335px) 100vw, 335px\" \/><\/td>\n<td style=\"width: 67.574%;vertical-align: top\">The Tri-County price per unit averaged nearly $256K, up 3% from 2025<br \/>\n($247K).<\/p>\n<ul>\n<li><strong>King County<\/strong> 2026 H1 average is $271K, down just slightly from 2025 ($270K).<\/li>\n<li><strong>Pierce County<\/strong> price per unit is $165K, down 11% from 2025.<\/li>\n<li><strong>Snohomish County<\/strong> was the winner, coming in at $241K, up 14% from 2025.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div><\/div><\/div><div id=\"panel-9052-1-0-2\" class=\"so-panel widget widget_sow-editor\" data-index=\"6\" ><div class=\"panel-widget-style panel-widget-style-for-9052-1-0-2\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<table style=\"border-collapse: collapse;width: 100%\">\n<tbody>\n<tr>\n<td style=\"width: 32.426%\"><strong>PRICE PER SQUARE FOOT<\/strong><\/td>\n<td style=\"width: 67.574%\"><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 32.426%;vertical-align: top\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-9057 \" src=\"https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Price-Per-SF-300x148.png\" alt=\"\" width=\"336\" height=\"166\" srcset=\"https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Price-Per-SF-300x148.png 300w, https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Price-Per-SF-768x379.png 768w, https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Price-Per-SF.png 848w\" sizes=\"auto, (max-width: 336px) 100vw, 336px\" \/><\/td>\n<td style=\"width: 67.574%;vertical-align: top\">The Tri-County price per square foot averaged $338 for the first half of 2026, up nearly 20% from 2025.<\/p>\n<ul>\n<li><strong>King County<\/strong> dropped to $366\/SF, down over 5% from 2025.<\/li>\n<li><strong>Pierce County<\/strong> averaged $225\/SF, down over 11% from 2025.<\/li>\n<li><strong>Snohomish County<\/strong> was up nearly 10% to $280\/SF from 2025.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div><\/div><\/div><div id=\"panel-9052-1-0-3\" class=\"so-panel widget widget_sow-editor panel-last-child\" data-index=\"7\" ><div class=\"panel-widget-style panel-widget-style-for-9052-1-0-3\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<table style=\"border-collapse: collapse;width: 100%\">\n<tbody>\n<tr>\n<td style=\"width: 32.426%\"><strong>CAP RATE<\/strong><\/td>\n<td style=\"width: 67.574%\"><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 32.426%;vertical-align: top\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-9058 \" src=\"https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Cap-Rate-300x207.png\" alt=\"\" width=\"339\" height=\"234\" srcset=\"https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Cap-Rate-300x207.png 300w, https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Cap-Rate-768x530.png 768w, https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Cap-Rate.png 854w\" sizes=\"auto, (max-width: 339px) 100vw, 339px\" \/><\/td>\n<td style=\"width: 67.574%;vertical-align: top\">The Tri-County market cap rate average stayed virtually the same as year-end 2025, at 5.65% for the first half of 2026. However, each county saw an increase in the average cap rate.<\/p>\n<ul>\n<li><strong>King County<\/strong> was up 10 basis points to 5.48%.<\/li>\n<li><strong>Pierce County<\/strong> average was 6.16%, pretty close to 2025.<\/li>\n<li><strong>Snohomish<\/strong> was 6.33% up 15% from 2025.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><div id=\"pg-9052-2\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-9052-2-0\"  class=\"panel-grid-cell panel-grid-cell-empty\" ><\/div><div id=\"pgc-9052-2-1\"  class=\"panel-grid-cell panel-grid-cell-mobile-last\" ><div id=\"panel-9052-2-1-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"8\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p style=\"text-align: left\"><strong>Reach out to us today<\/strong> to schedule a confidential review of your property or portfolio\u2014and take advantage of the opportunities in the market.<\/p>\n<\/div>\n<\/div><\/div><\/div><div id=\"pgc-9052-2-2\"  class=\"panel-grid-cell panel-grid-cell-empty\" ><\/div><\/div><div id=\"pg-9052-3\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-9052-3-0\"  class=\"panel-grid-cell panel-grid-cell-empty\" ><\/div><div id=\"pgc-9052-3-1\"  class=\"panel-grid-cell\" ><div id=\"panel-9052-3-1-0\" class=\"so-panel widget widget_sow-button panel-first-child panel-last-child\" data-index=\"9\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-button so-widget-sow-button-wire-f8de89738f31-9052\"\n\t\t\t\n\t\t><div class=\"ow-button-base ow-button-align-center\"\n>\n\t\t\t<a\n\t\t\t\t\thref=\"https:\/\/indd.adobe.com\/view\/54d6c8ae-5444-4fd5-921c-e9ff56bf0762\"\n\t\t\t\t\tclass=\"sowb-button ow-icon-placement-left ow-button-hover\" target=\"_blank\" rel=\"noopener noreferrer\" \t>\n\t\t<span>\n\t\t\t\n\t\t\tCLICK FOR MORE DETAILS FROM THIS REPORT\t\t<\/span>\n\t\t\t<\/a>\n\t<\/div>\n<\/div><\/div><\/div><div id=\"pgc-9052-3-2\"  class=\"panel-grid-cell panel-grid-cell-mobile-last\" ><div id=\"panel-9052-3-2-0\" class=\"so-panel widget widget_sow-button panel-first-child panel-last-child\" data-index=\"10\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-button so-widget-sow-button-wire-f8de89738f31-9052\"\n\t\t\t\n\t\t><div class=\"ow-button-base ow-button-align-center\"\n>\n\t\t\t<a\n\t\t\t\t\thref=\"https:\/\/www.lee-associates.com\/northwest\/properties\/?propertyType=6\"\n\t\t\t\t\tclass=\"sowb-button ow-icon-placement-left ow-button-hover\" \t>\n\t\t<span>\n\t\t\t\n\t\t\tCLICK TO VIEW MULTIFAMILY LISTINGS \t\t<\/span>\n\t\t\t<\/a>\n\t<\/div>\n<\/div><\/div><\/div><div id=\"pgc-9052-3-3\"  class=\"panel-grid-cell panel-grid-cell-empty\" ><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Over the past three years, Seattle\u2019s multifamily market has undergone one of the fastest transitions in its history. The extraordinary apartment construction cycle that followed the pandemic, combined with the sharpest increase in interest rates in decades, fundamentally reshaped the investment landscape. Today, however, the market appears to have reached an important inflection point. The rapid correction has largely run its course, operating fundamentals have stabilized, and investors are increasingly adapting to a market defined&#8230;<\/p>\n","protected":false},"author":183,"featured_media":9234,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1136,1061],"tags":[1137],"class_list":["post-9052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-report","category-multifamily","tag-market-report"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Multifamily Investment Review Fall 2026 - Lee &amp; Associates Pacific Northwest<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/northwest\/2026\/08\/14\/multifamily-investment-review-fall-2026\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Multifamily Investment Review Fall 2026\" \/>\n<meta property=\"og:description\" content=\"Over the past three years, Seattle\u2019s multifamily market has undergone one of the fastest transitions in its history. The extraordinary apartment construction cycle that followed the pandemic, combined with the sharpest increase in interest rates in decades, fundamentally reshaped the investment landscape. Today, however, the market appears to have reached an important inflection point. The rapid correction has largely run its course, operating fundamentals have stabilized, and investors are increasingly adapting to a market defined...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lee-associates.com\/northwest\/2026\/08\/14\/multifamily-investment-review-fall-2026\/\" \/>\n<meta property=\"og:site_name\" content=\"Lee &amp; Associates Pacific Northwest\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/nwleeassociates\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-14T23:21:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-09-10T18:27:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lee-associates.com\/northwest\/wp-content\/uploads\/sites\/74\/2026\/08\/Website-Featured-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"924\" \/>\n\t<meta property=\"og:image:height\" content=\"627\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"northwest2\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TinyFrog\" \/>\n<meta name=\"twitter:site\" content=\"@NWLeeAssociates\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"northwest2\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/northwest\\\/2026\\\/08\\\/14\\\/multifamily-investment-review-fall-2026\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/northwest\\\/2026\\\/08\\\/14\\\/multifamily-investment-review-fall-2026\\\/\"},\"author\":{\"name\":\"northwest2\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/northwest\\\/#\\\/schema\\\/person\\\/69a476201e109a7ee94dc91514fb69e0\"},\"headline\":\"Multifamily Investment Review Fall 2026\",\"datePublished\":\"2026-08-14T23:21:49+00:00\",\"dateModified\":\"2026-09-10T18:27:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/northwest\\\/2026\\\/08\\\/14\\\/multifamily-investment-review-fall-2026\\\/\"},\"wordCount\":841,\"publisher\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/northwest\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/northwest\\\/2026\\\/08\\\/14\\\/multifamily-investment-review-fall-2026\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.lee-associates.com\\\/northwest\\\/wp-content\\\/uploads\\\/sites\\\/74\\\/2026\\\/08\\\/Website-Featured-Image.jpg\",\"keywords\":[\"market report\"],\"articleSection\":[\"Market Report\",\"Multifamily\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/northwest\\\/2026\\\/08\\\/14\\\/multifamily-investment-review-fall-2026\\\/\",\"url\":\"https:\\\/\\\/www.lee-associates.com\\\/northwest\\\/2026\\\/08\\\/14\\\/multifamily-investment-review-fall-2026\\\/\",\"name\":\"Multifamily Investment Review Fall 2026 - Lee &amp; 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The extraordinary apartment construction cycle that followed the pandemic, combined with the sharpest increase in interest rates in decades, fundamentally reshaped the investment landscape. Today, however, the market appears to have reached an important inflection point. 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