In 2025 IPO Brokered $180M in Sales Volume

January 2026 – Bloomfield Hills, MI

Onward and downward – entering 2025, the industry expected and hoped for interest rates to move steadily lower. While the rate-hiking cycle has clearly given way to cuts, with three Federal Funds rate cuts totaling 75 BPS in 2025, mortgage interest rates have yet to follow in any meaningful way. After years of turmoil and muted activity, expectations of active market participants have lowered. With a significant wave of five-year loans maturing in 2026 and 2027, the time to confront these realities is approaching. This inflection point is likely to drive meaningful trading activity across the sector.

The economy has proved resilient in the face of sweeping tariffs and tax reform, and doomsday inflation scenarios predicted by the media have not materialized. In 2025, IPO closed on 71 apartment communities across the Midwest; this represents $180 million in sales volume. Notable sales include:

Click here to read our complete 2025 Review