Slide 1: Multifamily remains the top CRE pick in 2025, driven by strong renter demand.
Slide 2: High-supply markets are past peak deliveries, accelerating occupancy recovery in 2025.
Slide 3: Average vacancy will hit 4.9% by year-end, with annual rent growth around 2.6%.
Slide 4: High-supply markets have peaked; occupancy recovery is already accelerating ahead of 2025.
Slide 5: Five-year forecast: multifamily rents to grow 3.1% annually, outpacing pre-pandemic 2.7% trend.

Multifamily by 2030: Green Light for Investors?
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