Episode Details

The next wave of apartment supply is shifting. New York and Los Angeles are leading permits while the Sun Belt cools. We break down what it means for operators, capital, and anyone still underwriting the 2021 playbook. Data from the last 12 months shows New York up 48 percent, Los Angeles up 98 percent, and Austin, Dallas, Houston, and Miami pulling back. The development map is being redrawn and the winners are moving first.