What does the next chapter of housing look like? In this episode, we sit down with Chris Nebenzahl, Vice President of Rental Research at John Burns Research & Consulting, to break down the key trends shaping multifamily real estate and what operators, investors and market watchers should be paying attention to in 2026.We cover:

1. Macro Perspective & Market Dynamics: The defining characteristics of today’s cycle, misleading narratives about metro growth, and the long-term positioning of the Build-to-Rent sector.
2. Leading Indicators & Market Signals: Why occupancy remains the most telling predictor of rent trends, the post-pandemic decoupling of job growth and apartment demand, and early signals of a “soft landing.”
3. Demographics, Migration & Policy Impacts: How aging populations, migration patterns, and policy decisions are shaping markets and affordability across metros.
4. Investment Strategy & Recovery: How investors are recalibrating in a slower market, lessons from recent supply surges, and which markets may recover first as vacancies tighten.

If you’re an investor, operator or real estate professional, this episode gives actionable insights into housing market trends, renter behavior and early indicators to watch for 2026.

In this episode of Multifamily Forward, we’re joined by Mark Stapp, Executive Director of the Masters in Real Estate Development (MRED) and Director of the Experiential Learning Lab at Arizona State University. Mark brings decades of experience bridging academia and the real estate industry, shaping the next generation of leaders.We dive into:- The biggest shifts Mark has observed in the real estate market and what makes Phoenix unique.- How universities and the industry can better align to prepare students for real-world challenges.- How the next generation of real estate professionals is approaching development and investment differently.- Opportunities for collaboration between academia and industry to shape multifamily leadership.- Insights from Mark on motivation, legacy and staying engaged in a long career.Whether you’re a student, investor, or industry professional, this conversation provides actionable insights on education, career growth, and the evolving landscape of real estate development.🔗 Learn more about ASU’s MRED program: https://wpcarey.asu.edu/masters-programs/real-estate-development/experience 🔗 Learn more about ASU’s Experiential Learning Lab: https://real-estate.wpcarey.asu.edu/experiential-learning-lab

UFC pioneer Mark “The Smashing Machine” Kerr shares his powerful story of redemption, resilience and self-discovery. Once known for his dominance in the ring, Mark opens up about the battles outside of it.

With the release of The Smashing Machine from A24, starring Dwayne “The Rock” Johnson, this conversation offers a rare look into the man behind the legend and what it truly means to find purpose beyond success.