The big hunt-and-find game in CRE is securing financing, especially for new construction projects. Some private equity lenders look to make short-term capital accessibility an attractive business. That doesn't eliminate challenges.

Multifamily starts in particular are down 40% to 50% compared to 2022. High financing costs and flat or falling rents can undermine construction viability.

RealPage recently looked at four types of family construction projects that senior vice president and Chief Economist Jay Parsons wrote "are some of the deal types we still see breaking ground" by either enabling premium pricing, an approach to controlling costs, getting subsidies, or working on a longer-term payoff.

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