Seaport Multifamily Brief – Issue #5: From Blueprint to Reality

Posted by Tim Bray on April 30th, 2026

Seaport Multifamily Brief | Issue #5

From Blueprint to Reality

New construction, hotel conversions, and data-backed underwriting are showing us exactly how Coastal Connecticut and Southern Rhode Island are responding to the housing shortage.

Powered by CoStar Data, Apartments.com Market Intelligence, and Seaport Due Diligence The Market Is Moving

The Housing Conversation Has Shifted from Theory to Execution.

For the last several years, everyone has talked about the shortage of housing. But the more important question is no longer whether demand exists. It is whether supply can be created quickly enough, intelligently enough, and in the right locations.

In this issue of the Seaport Multifamily Brief, we highlight…

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Seaport Multifamily Brief — Issue #4 Two Weeks, Two Stories: Rhode Island Accelerates While Connecticut Pauses

Posted by Tim Bray on April 2nd, 2026

Seaport Multifamily Brief — Issue #4

Two Weeks, Two Stories

Rhode Island Accelerates While Connecticut Pauses

Powered by CoStar Data and Seaport Due Diligence

In just the past two weeks, coastal multifamily activity told two very different stories. While New London and Middlesex Counties remained relatively quiet, Newport and Washington Counties showed noticeably stronger velocity, deeper buyer confidence, and far more visible transaction movement.

Executive Summary

Sometimes the market speaks loudly. Sometimes it whispers. Over this two-week period, Rhode Island’s coastal multifamily markets spoke clearly. Connecticut’s coastal markets, by comparison, were quieter and more cautious.

That does not mean…

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The Seaport Multifamily Brief — Issue 3 | March 2026: Coastal Markets Hold the Line Amid Supply Constraints

Posted by Tim Bray on March 18th, 2026

The Seaport Multifamily Brief — Issue 3 | March 2026

Coastal Multifamily Holds the Line — But the Story Is More Nuanced Than the Data Suggests

Executive Summary

At first glance, multifamily data across New London County (CT), Middlesex County (CT), Washington County (RI), and Newport County (RI) suggests a familiar narrative:

Low supply. Stable rents. Strong pricing.

But on the ground, a more important story is unfolding.

Seaport Insight:

Supply is not absent—it is concentrated. And where it exists, it is actively testing absorption.

New London County, CT — A Market Splitting in Real Time

New London County is no longer a single multifamily market. It is evolving into three distinct submarkets, each behaving differently.

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