The CRE Finance Council’s CREFC Miami 2026 conference last week brought together commercial real estate finance experts in an atmosphere of optimism and confidence despite ongoing macroeconomic challenges. Optimism doesn’t mean turning a blind eye to the potential hurdles, though, and the Miami gathering coincided with the release of a white paper offering guidance on investment in this improving, but still unsettled, market.
Titled Lessons Shaping the Multifamily Market in 2026, the white paper from Louisville, KY-based CF Capital looks back over the past 12 months for guidance on how to proceed with the next 12. The regional real estate investment firm, which focuses on one asset class (multifamily) and four contiguous states (Kentucky, Tennessee, Indiana and Ohio) intends to illustrate “where decision-making pressure is most likely to concentrate in 2026.”
2025 ended with the Federal Reserve’s third consecutive 25-point reduction in the benchmark federal funds rate, setting the multifamily market up for what CF Capital terms “a clear inflection point.” The December rate cut elevated expectations for a reset across the capital stack, although the Fed has signaled that 2026 may bring only one additional cut.

