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As construction returns to normal, apartment REITs focus on balance sheet flexibility

Management teams emphasize capital discipline over near-term growth
Multifamily REIT management teams cited New York’s sustained demand and limited new supply during fourth-quarter earnings calls. (CoStar)
Multifamily REIT management teams cited New York’s sustained demand and limited new supply during fourth-quarter earnings calls. (CoStar)
CoStar Analytics
February 18, 2026 | 7:38 P.M.

As construction of new apartment units begins to ease across most major U.S. markets, multifamily real estate investment trust management teams are increasingly reframing their investing priorities.

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News | As construction returns to normal, apartment REITs focus on balance sheet flexibility