# Is 2025 shaping up to be a bull market in multifamily financing?

Page: https://stenobird.com/podcast/globest-perspectives-podcast-833674/is-2025-shaping-up-to-be-a-bull-market-in-multifamily-financing
Text version: https://stenobird.com/podcast/globest-perspectives-podcast-833674/is-2025-shaping-up-to-be-a-bull-market-in-multifamily-financing.md
Podcast: [GlobeSt Perspectives Podcast](https://stenobird.com/podcast/globest-perspectives-podcast-833674)
Published: 2025-04-25T17:27:00+00:00
Episode link: https://globestinsiders.libsyn.com/is-2025-shaping-up-to-be-a-bull-market-in-multifamily-financing
Audio file: https://traffic.libsyn.com/secure/globestinsiders/GlobeSt_-_Berkadia_-_March_Podcast_Draft_Revised_1.mp3?dest-id=1672352
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/globest-perspectives-podcast-833674/episodes/is-2025-shaping-up-to-be-a-bull-market-in-multifamily-financing
Duration seconds: 815

## Resource

At the start of 2025, the multifamily sector encountered significant market volatility due to the transition to a new presidential administration. While the broad tariffs implemented in early April have intensified economic uncertainty, Berkadia sees several promising signs on the horizon. In this episode of GlobeSt.com's Thought Leadership podcast series, we delve into the evolving multifamily financing landscape with Josh Bodin , Senior Vice President of Securities Trading at Berkadia. Bodin sits down with contributor Ilana Polyak to talk about Berkadia's bullish multi-year outlook and details of what's behind his optimism. The conversation explores: ● How tariffs are shifting inflation forecasts and the Fed's rate-cutting strategy ● Why declining construction starts, improving fundamentals, and the single-family housing affordability crisis are creating a compelling multi-year bull case for multifamily ● The strong debt financing environment with GSEs, private debt funds, banks, and life insurance companies all participating ● How market stability—rather than specific interest rate levels—drives transaction volume in commercial real estate *The podcast was recorded on April 4, 2025.

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/globest-perspectives-podcast-833674/episodes/is-2025-shaping-up-to-be-a-bull-market-in-multifamily-financing/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/globest-perspectives-podcast-833674/is-2025-shaping-up-to-be-a-bull-market-in-multifamily-financing.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.