Multifamily Market Insights with Mollie Fadule and Jay Parsons of JPI – Navigating Volatility and Opportunity

Mollie Fadule, Chief Financial and Investment Officer of JPI, and Jay Parsons, Economic Advisor for JPI and a leading multifamily housing economist, recently discussed critical market trends, challenges, and opportunities when it comes to multifamily development. Their conversation provided valuable insights for navigating today’s complex environment.

You can listen to their full conversation below as they they discuss: 

• Multifamily’s Investment Case: apartments as commercial real estate’s most liquid, in-demand asset class (20:31)
• Market Volatility & Capital Challenges: analysis of interest rate impacts, tariff uncertainties, and tightening capital markets, with strong underlying demand fundamentals (00:05)
• Supply-Demand Imbalance: why reduced starts today will create favorable conditions in 2026-2028, plus the structural housing shortage (02:32)
• Tariff Realities: why tariffs add mere ~2% to costs, and how supply chain diversification since 2018 mitigates risk  (03:17)
• Workforce Housing Crisis: the “missing middle” affordability gap and role of public-private partnerships  (12:18)
• JPI’s Development Advantages: domestic sourcing, construction tech (like real-time error detection), and proprietary data integration (13:32)
• Policy Tailwinds: how YIMBYism and deregulation are reducing barriers to development (18:40)

In sum, projects that are starting now will deliver into a supply-constrained 2026-2028 market and JPI’s domestic sourcing and sophisticated tech stack minimize tariff and construction risks. 

“Apartments have become commercial real estate’s golden asset class – and this cycle will cement that further.” – Jay Parsons – 

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