About

An independent research practice focused on the multifamily debt market.

Multifamily Research Group publishes concise notes on origination activity, maturity scheduling, distress signals, and structural shifts across the agency, CRE CLO, and CMBS segments of multifamily lending.

Our readership consists of institutional investors, lenders, sponsors, and intermediaries who engage with the multifamily capital stack on a regular basis. Notes are circulated by email to a limited distribution list.

Approach

The work is empirical and source-driven. Every note begins with primary data — servicer reports, securitization trustee filings, loan-level CRE CLO disclosures, county recorder records, and public registration filings. We cross-verify between sources before publishing, and where a claim cannot be substantiated, we omit it.

We are most useful where the public reporting is incomplete: borrower identity behind SPVs, JV equity composition, capital structure across multi-tranche bridge debt, and the relationship between RCA-reported facility slices and the underlying whole-loan structure.

What we are not

Multifamily Research Group is not a lender, broker, or fund manager. We do not transact, place capital, or solicit business on behalf of intermediaries. We publish research and, where useful, introduce parties who may benefit from a direct conversation.

Engagement

To request access to the distribution list, discuss a coverage area, or submit a research question, contact sarah@multifamilyresearchgroup.com.