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More great coverage from PropTechBuzz of our latest acquisition, Solana at the Crossing.
Gray Capital , led by President and CEO Spencer Gray, has secured $112 million for its latest acquisitions in Indianapolis, reflecting its confidence in the city's growth and the multifamily market. #GrayCapital #MultifamilyInvestment #RealEstate #Indianapolis #RealEstateGrowth #SpencerGray #InvestmentOpportunity #PropTechBuzz #PTB #PropTech #Innovation Read More - https://lnkd.in/dBvCrWsf —---------------------- If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem. Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to [email protected].
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Listen to the Gray Report podcast for our full discussion of the current state of the multifamily market and the prospects for the future, available on Spotify (https://spoti.fi/3Xb7Aum), Apple Podcasts (https://apple.co/4dO81BW), and YouTube (https://bit.ly/3Xb7AKS).
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Each week on the Gray Report, we review the most important news and research on housing, multifamily, CRE, and the economy. Here's what we covered last week:
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On the latest episode of the Gray Report, we take a look at some recent cap rate predictions, review some projections of apartment market fundamentals, and comment on the different housing policies promoted by the Republican and Democrat presidential candidates: https://bit.ly/4e6MJPH
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From the latest edition of the Gray Report Newsletter: (Fannie Mae) "The size of the nation’s age 20-34-year-old cohort is expected to remain elevated over the longer-term forecast. That is a very favorable trend for the multifamily sector in terms of ongoing demand, since this is the group of people most likely to rent a multifamily unit. Many multifamily investors are aware of this trend and continue to show interest in the sector." https://hubs.li/Q02N6FSq0
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Gray Capital is pleased to announce that we have closed on our acquisition of Solana at the Crossing, a 384-unit class-A apartment community located in Indianapolis, IN. The acquisition of Solana marks over $112M of multifamily assets acquired across two properties and 824 units by Gray Capital in 2024. We would like to thank all of our partners, investors, and everyone who has helped us with this project.
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Which proposed housing policies can substantively improve affordability, and which ones are "a band-aid drenched in poison"? Watch our full discussion on the latest episode of the Gray Report: https://hubs.li/Q02N6KGq0
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Each week on the Gray Report, we review the most important news and research on housing, multifamily, CRE, and the economy. Here's what we covered this week:
Multifamily News Update: Aug. 26, 2024
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