Wednesday, June 10, 2026
Family Office Briefing on research byMarcus & Millichap·May 20, 2026

Multifamily Outlook - May 2026

Multifamily construction eases while demand faces headwinds in 2026 — family offices should consider co-GP opportunities in stabilizing markets.

Key Metrics

MetricValue
Vacancy Rate (Sun Belt)6.3%
Vacancy Rate (Non-Sun Belt)4.1%

Metrics extracted from the source report and independently fact-checked. Method →

Building a thesis around Multifamily? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent multifamily strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.