Multifamily Market Intelligence

MF Brief

The Seaport Multifamily Brief is a biweekly research publication covering multifamily investment trends across Coastal Connecticut and Southern Rhode Island.

Powered by CoStar Data and Seaport Due Diligence, this series analyzes:

• Vacancy trends
• Rent growth
• Cap rate movement
• Absorption momentum
• Supply pipeline
• Institutional activity
• Underwriting realities

Each issue blends institutional-grade data with Seaport’s field-level due diligence and underwriting analysis to provide disciplined, actionable insight for multifamily investors.

Published every other Wednesday.

Research defines our mission. Valuation proves it. Marketing showcases it.

Multifamily Market Analysis Rhode Island vs ConnecticutSeaport 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

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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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The Seaport Multifamily Brief

Issue #2 | March 2026

Coastal Connecticut & Southern Rhode Island

Powered by CoStar Data and Seaport Due Diligence

Primary market statistics sourced from CoStar Search Analytics (March 2026 reports). Interpretation and underwriting commentary are proprietary to Seaport Commercial.

Executive Summary

Coastal multifamily fundamentals remain tight, but the market is becoming more selective. Vacancy stays relatively low across the region, rent growth varies by county, and cap rates appear to be stabilizing. In this environment, our view remains simple: Do the Math—and let the math tell you what to do.

Featured Listing Spotlight is included below and uses county-level CoStar benchmarks for context.…

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The Seaport Multifamily Brief Issue 1 powered by CoStar Data and Seaport Due Diligence

The Seaport Multifamily Brief

Issue #1 | February 2026

Coastal Connecticut & Southern Rhode Island

Powered by CoStar Data and Seaport Due Diligence

Executive Summary:
Coastal multifamily markets remain structurally tight, but momentum is moderating. Leasing velocity has slowed, rent growth has flattened, and cap rates have stabilized. We have entered a Yield Discipline Phase.

Table of Contents

Washington County Market Snapshot
Transaction Intelligence
Interpretation – Beyond the Numbers
Coastal Regional View
Underwriting Reality Check™
Seaport Coastal MF Stability Index™
The Seaport Signal™
About This Series

Washington County, RI – Market Snapshot

According to CoStar Search Analytics (February 16, 2026):

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