CF Capital

06/10/2026

Multifamily investing rarely works over the long term if you place too much weight on the market's broad narrative. Success comes from evaluating the factors that remain important across market cycles—even if their relative importance changes over time. In a recent Q&A with Connect Commercial Real Estate, CF Capital's Alexander Terauds discusses why disciplined underwriting, market selection, asset quality and sponsor ex*****on continue to matter more than trying to predict the next headline. The conversation explores where Alex sees opportunity today, what investors may be overlooking and why discipline remains a competitive advantage. Read the full interview here: https://hubs.la/Q04kKCBf0

The multifamily sector has spent the last several years navigating shifting interest rates, changing migration patterns, elevated operating costs and uneven supply dynamics. In that environment, broad market narratives have often dominated investment conversations — whether around Sun Belt growth,...

06/05/2026

According to KPMG's latest Pulse of Private Equity report, global deal volume fell to a five-year low in Q1 2026, even as total deal value remained historically strong. Investors continue to deploy capital, but they are concentrating it into fewer, higher-conviction opportunities.

This dynamic is magnified in multifamily real estate investment.

There is plenty of supply on the market but the challenge is finding opportunities where the fundamentals, business plan and risk profile truly align. That's why we continue to focus on factors that tend to overperform regardless of cycle:
+Sustainable rent-to-income ratios
+Attractive basis relative to replacement cost
+Strong submarket demographics
+Limited future competitive supply
+Operators with a demonstrated ability to execute

When capital becomes more selective, broad market narratives matter less.

05/28/2026

In today’s environment, the conversation around alternatives is no longer about whether to allocate, but where and with whom. A new article linked here from CF Capital dives into how to separate shrewd operators from medial allocators, soliciting metrics for disciplined processes and red flags to watch for in a competitive investor environment.

We would welcome the opportunity to share our approach and perspective on the evolving market and opportunities ahead.

https://hubs.la/Q04jf2cJ0

In today’s environment, the conversation around alternatives is no longer about whether to allocate, but where and with whom. Multifamily rent growth is projected to reaccelerate to roughly 2–4% in 2026 as new supply declines sharply from its 2024 peak. Four years of market distress have wiped o...

05/19/2026

Our Co-Founder Tyler Chesser’s final segment on the Tenero Official Podcast is now live. The topic? “Location, location, location,” a common real estate phrase that Tyler notes can steer investors wrong.

The "best" market on a spreadsheet often isn't the best market for the strategy you're actually running. Population growth headlines and migration maps move a lot of capital, but they don't underwrite the deal in front of you.

Watch the full interview here:

Garrett Sutton and Katrina Loftin sit down with Tyler Chesser to break down one of the most critical factors in real estate success: location. In this conver...

05/14/2026

The CF Capital Investor Report has transitioned to a new brand this month: The Signal.

The change is intentional. What we send you has grown over the last six-and-a-half years into more than a monthly report - it's our point of view on the markets we operate in, the cycles we invest through and the discipline we believe separates durable sponsors from the rest. The new name reflects that. The voice, the discipline and the investor-first posture won't change. The bar will.

Going forward, every issue will be built around four standing sections: Market Perspective, Regional Read, From the Desk and Inside CF Capital. Some months one will run heavier than another, by design. We'd rather give you depth where it matters than force balance where it doesn't.

Read the inaugural Signal and more analysis from the team here: https://hubs.la/Q04gyZ5s0

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For six and a half years, we've sent you the CF Capital Investor Report. Beginning with this issue, you'll receive it under a new brand: The Signal.

05/12/2026

With REITs increasingly turning to alternative capital sources and reduced M&A activity subduing public fundraising, where will institutional investors shift their capital spend on real estate debt?

We’re seeing growing interest in multifamily markets with strong affordability and employment fundamentals, and in operators with proven experience and discipline.

If you’re evaluating multifamily opportunities in today’s environment, we’d welcome the conversation

Learn more at https://hubs.la/Q04gktsJ0 .

05/06/2026

When you look behind the curtain of cooler national data on multifamily rent growth, you’ll find an interesting and uneven metro by metro story, as Jonthan O’Kane from Chandan Economics does a great job contextualizing in the analysis here.

We have been following and calling attention to the strength of upper Southeast and non-gateway Midwest markets compared to the Sun Belt, as is evident here, as well as the importance of sponsor quality.

To outperform the mean this cycle, investors will not only need to understand which markets offer the strongest fundamentals, but who can operate, reposition and capitalize assets to find additional value.

05/01/2026

Our Co-Founder and Managing Partner Tyler Chesser shared his analysis with on the Federal Reserve announcement this week that current interest rates would hold steady.

Tyler's take: with sticky inflation, elevated energy prices from the Iran conflict and a Fed chair on his way out the door, there was never cover to cut. The market knew it, and the 10-year Treasury, not the funds rate, is what’s actually moving multifamily capital costs.

For those underwriting Midwest multifamily right now, the message is the same as it’s been: don’t wait for a rate cut to do your job for you. Underwrite conservatively, mind your basis, and let the fundamentals carry the deal.

Read the full article here.

In his last press conference as Federal Reserve chair, Jerome Powell announced that he plans to stay on as a governor for the central bank.

04/23/2026

The multifamily sector is at a clear inflection point, rewarding fundamentals and durability over speculation, write our founders Tyler Chesser, CCIM and Bryan Flaherty, CCIM, MBA for Multi-Housing News.

In this piece Tyler and Bryan outline what discipline looks like in today’s multifamily landscape and where investors can find opportunities. This includes generating stable income performance by shifting away from assumption-driven returns, focusing on transparency over financial engineering, and prioritizing operational ex*****on.

Take a read and let us know your thoughts.

https://hubs.la/Q04dcpPx0

04/21/2026

Four years of market distress has functioned as a filter, wiping out undercapitalized, overleveraged and inexperienced operators. With agency lending moving again, deal flow is beginning to unlock. Midwest and Upper Southeast markets are continuing to outperform positive national trends. This shows up in https://hubs.la/Q04cVvPw0 Rent Report for March 2026, as outlined in the takeaways here.