The Most Sought-After Multifamily Subsectors
Market-rate properties accounted for the largest share of deals closed by the 2025 Top Multifamily Brokerage Firms, but affordable housing showed an increase. Read the report.
Multi-Housing News’ 2025 Top Brokerage Firms ranking highlighted 16 companies—two companies shared fifth place this time around. These leading firms arranged multifamily transactions totaling $109.7 billion in 2024, involving transactions from market rate properties to military housing communities. The chart breaks down the makeup of the sales completed in the past year, highlighting that market-rate housing remained the core focus of transactions.
Affordable housing was another sought-after segment, accounting for 7 percent of the transactions. This asset class especially is a tricky one to navigate. Nationwide, approximately 29,000 private LIHTC units or 2.2 percent of the national stock are expected to reach the end of their compliance period at the end of this year, according to a recent Yardi Matrix affordable housing report. These properties represent an attractive investment offering stable ongoing demand coupled with lower regulatory risk.
Investors also favored luxury multifamily assets, accounting for 5 percent of transactions. Among last year’s notable luxury sales was the $370 million acquisition of 20 Exchange Place, a 767-unit tower in Manhattan’s Financial District. Originally the City Bank Farmers Trust Building built in 1931, the 57-story was converted to its current use in 2004.
—Posted on June 3, 2025
