After Phyllis Crashes the Bachelor and Bachelorette Parties, [Spoiler] 

In Monday’s #YR recap, after Phyllis crashes the bachelor and bachelorette parties, [Spoiler] is forced to hold her back before things turn physical!

Nate and Victoria drift into the Athletic Club without noticing the sign that reads, Private Party. He helps her off with her coat and tells her

he knows it must be hard to be out while waiting for news about Noah. He’s determined to help her relax. Jack and Michael stride in,

surprised to see them. Once Danny arrives, he proclaims he will be running down the aisle to his bride. Victoria clues in that they are crashing a party. Phyllis walks in and glares from the corner as Danny explains that the place has been booked for his bachelor party. He

invites them to join the parties, confident that Cricket would be thrilled to have Victoria there. Devon joins them and explains he lost Abby to the party in the lounge.

After Victoria heads downstairs, Michael spots Phyllis, appalled that she’s there. He warns her that she had better not do anything to ruin the evening. She claims she’s made peace with “this gross excuse for a marriage.” Phyllis adds she tried wishing them well, but “the bug”

was aggressive with her. She trashes her as “beige” and declares all of this “sad.” Michael waves “toodle” and urges her to exit. After she takes a few steps back, she grumbles, “You are not the boss of me.”

Michael fills Jack in on catching Phyllis lurking. “That can’t be good,” says Jack. They join the others and the lawyer reads a note from Daniel about how happy he is that his father has found true love again. They toast to the groom. Danny toasts to Jack for making this

happen and recalls how he set him up with a certain model from Jabot many years ago. They toast true love. Danny asks Nate for an update on Amy and recalls how great it was when he sang with her and Lauren. After more toasts, Danny explains that he and Cricket have tried hard to keep everything around the wedding under wraps. The last thing they want is an unexpected visitor.

Jack and Nate discuss Victoria and all her grief. Devon listens as his cousin explains how much he and Victoria have been leaning on each other. They prod Devon for marital advice, and he claims he doesn’t even let the Mustache ruin things. Michael declares they’ve had enough morbid talk. Everyone agrees, so they toast to the happy couple.

Back in the lounge, Christine thanks Lauren for putting this together. Victoria joins them and congratulates the bride until Christine pays her condolences for Cole. Cricket can’t think of a better way to heal than a night of living, laughing, and loving. As they get to laughing, Phyllis clomps in and lunges for the champagne. Lauren snatches it away. Phyllis warns the bride she has a bottomless bag of barbs for her. Lauren drags her away and accuses her of being a “heat-seeking bitch” when it comes to Christine. Is it that important to her to ruin her happiness? Phyllis rails that Cricket has been ruining her life for years. She’s vicious and cruel. Lauren thinks she’s being ridiculous. Her friend is sure Danny will wake up and realize he’s made a huge mistake.

Christine toasts to love being sweeter the second time around. Diane says it has a funny way of working out how it’s supposed to. Traci and Victoria keep telling themselves it will work out eventually. Christine is sure they will all find their happy endings when the time is right…she only hopes Phyllis does so that she will butt out of her life. Spotting Phyllis arguing with Lauren, she storms over and tells Phyllis that she resents her getting what she wanted and can’t handle the fact that it’s all her fault. When she accuses her of being too crazy to find real love, Phyllis leaps at her. Lauren has to hold her back. Choking up, Phyllis insists she’s not crazy and accuses Cricket of having no soul before threatening to take her out. Christine apologizes for hitting a nerve, but she’s acting unhinged. Phyllis bellows she’s happy to leave her “loser party” and “loser happy ever after marriage.”

Phyllis storms up the stairs into the dining room and faces Danny and the others. She declares she doesn’t deserve being kicked in the face by Cricket and stalks off. Danny hopes she didn’t ruin the party downstairs. They all head downstairs. Christine is relieved to see her fiancé and tells him how wonderful he is. Jack suggests they join the two parties. Michael calls for more bottles. The lights suddenly go out. “Phyllis!” everyone shouts in unison. As they debate whether she pulled this prank, Christine recalls some of her former stunts.

Danny gets an idea and rushes up the stairs. When he runs into Phyllis, she assumes he will lay into her, but wishes he’d say he’s seen the light about Cricket. Danny simply wants her to be okay. She wonders why he always thinks the worst of her. As they stand at the bar, he tells her she’s “something else.” She loves and feels so much. That’s a gift, but she doesn’t always use it well. Sobbing, she explains Christine called her crazy. She admits she went crazy with Sharon. He’s sorry he and Christine have ever hurt her. Phyllis swears she’s moved on and wants him to be happy…but with Christine? Danny says there will never be anyone else. Phyllis will never like her, but she likes Danny anyway. He’s the greatest, and she will be happy for him. When he asks her to come back to the party, she turns him down. After he assures her she will be fine, he leaves her in tears, and she tells herself she will be okay.

Beyond the Hype: My 2025 Expert Picks for Top-Tier Multifamily Real Estate Investment

The dynamic landscape of American real estate has always demanded a keen eye, but never more so than as we step into 2025. Over my decade navigating the intricate currents of the multifamily market, I’ve witnessed firsthand how resilience, foresight, and data-driven decisions separate truly successful investors from those simply chasing yesterday’s headlines. While 2024 presented its share of headwinds—stubborn inflation, elevated interest rates, and a rebalancing of supply and demand—the multifamily sector, particularly, demonstrated an underlying robustness that underscores its enduring appeal.

As we look ahead, 2025 is shaping up to be a pivotal year, offering seasoned investors a clearer runway for strategic growth. We’re seeing indicators of interest rate stabilization, easing supply chain pressures, and compelling demographic tailwinds that collectively point towards a return to more robust rent growth and sustained tenant demand. For those seeking to fortify their real estate portfolio, multifamily assets remain a cornerstone. They offer not just a powerful inflation hedge and consistent passive income, but also a proven pathway to long-term wealth creation and invaluable diversification benefits, mitigating risks inherent in more volatile asset classes.

The critical task now isn’t merely to ride the wave, but to identify the specific markets poised for outsized returns. My methodology goes beyond superficial metrics; it involves a deep dive into granular economic indicators, precise demographic shifts, local policy nuances, the exact development pipeline, and real-time investor sentiment. This holistic approach allows us to discern where true value lies and where future growth will be most pronounced. The goal of this analysis is to equip serious investors with actionable insights, guiding them toward the most promising investment property locations for the year ahead. Prepare to uncover the cities where strategic multifamily real estate investing can truly flourish.

The Strategic Play: Top 10 Cities for Multifamily Investment in 2025

Identifying the optimal cities for multifamily real estate investment in 2025 requires an understanding of nuanced market conditions, economic trajectories, and the subtle interplay of supply and demand. These aren’t just hot spots; they are markets exhibiting sustainable growth drivers, robust tenant demand, and favorable long-term prospects. Here are my top picks, meticulously analyzed through the lens of a seasoned investor.

Las Vegas, Nevada

Long stereotyped as a transient entertainment hub, Las Vegas has, in the last decade, transformed into a diversified economic engine, making it a surprisingly stable and high-yield real estate investment destination. Its favorable tax environment, offering no state income tax, continues to be a magnet for both businesses and individuals fleeing higher-tax states, particularly California. This migration fuels consistent population growth, driving strong demand for rental housing. The city has seen significant investment in non-gaming sectors like tech, healthcare, and logistics, diversifying its job market and creating a more stable tenant base. Savvy investors are focusing beyond the Strip, looking at suburban value-add multifamily opportunities, particularly those offering desirable amenities for working professionals and families. The market’s resilience through economic cycles underscores its potential for long-term real estate appreciation.

Hypothetical 2025 Stats:
Median Property Price: $435,000
Occupancy Rate (Q1 2025): 92%
Cap Rate (Class B/C Assets): 5.7%
Price-to-Rent Ratio: 19.5
Average Rent: $1,850

Atlanta, Georgia

Atlanta solidifies its position as the undisputed economic powerhouse of the Southeast, a vibrant metropolis that consistently attracts corporate relocations and a diverse, educated workforce. This isn’t just about growth; it’s about strategic growth driven by a robust transportation infrastructure, a thriving tech sector often dubbed “Silicon Orchard,” burgeoning film and entertainment industries, and a highly competitive university system. The city’s cost of living, while rising, remains attractive compared to major coastal hubs, ensuring a continuous influx of residents and sustained tenant demand. Multifamily investors benefit from a diverse tenant pool, from young professionals working in downtown tech firms to families seeking quality schooling in expanding suburban areas. The sheer scale of development and absorption rates continue to make Atlanta a prime market for cash flow real estate and long-term capital appreciation.

Hypothetical 2025 Stats:
Median Property Price: $420,000
Occupancy Rate (Q1 2025): 90%
Cap Rate (Class B/C Assets): 5.8%
Price-to-Rent Ratio: 16.5
Average Rent: $1,680

Charlotte, North Carolina

Charlotte continues its meteoric rise as a leading financial and banking hub, establishing itself as a premier destination for businesses and individuals alike. The city’s strong population growth is not just a trend but a deeply entrenched demographic shift, fueling intense demand for rental units across all asset classes. Beyond finance, Charlotte’s economy is diversifying into energy, healthcare, and advanced manufacturing, creating a wide array of high-paying jobs. This economic dynamism, coupled with a highly desirable quality of life and strategic location within the high-growth Carolinas, makes it an exceptionally fertile ground for multifamily real estate investing. While new construction is evident, demand consistently outpaces supply, particularly in well-located infill submarkets. Investors seeking stable rental income and consistent appreciation will find Charlotte’s structured growth trajectory highly appealing.

Hypothetical 2025 Stats:
Median Property Price: $395,000
Occupancy Rate (Q1 2025): 93%
Cap Rate (Class B/C Assets): 5.6%
Price-to-Rent Ratio: 17.5
Average Rent: $1,850

Tampa, Florida

The Sunshine State continues to be a magnet for both businesses and residents, and Tampa stands out as a jewel in Florida’s crown for multifamily investment. The absence of state income tax is a perpetual draw, contributing to robust population growth that shows no signs of abating. Tampa’s economy is remarkably diversified, boasting strong sectors in healthcare, finance, logistics (thanks to its strategic port), and a burgeoning tech scene. This economic resilience underpins stable tenant demand and offers a protective shield against economic downturns. For investors, Tampa represents a compelling blend of strong demographic tailwinds, a business-friendly environment, and consistent rental income potential. The long-term outlook remains profoundly positive, making Tampa an excellent market for both new and experienced real estate portfolio diversification.

Hypothetical 2025 Stats:
Median Property Price: $385,000
Occupancy Rate (Q1 2025): 91%
Cap Rate (Class B/C Assets): 5.7%
Price-to-Rent Ratio: 14.5
Average Rent: $1,880

Denver, Colorado

Denver’s appeal for multifamily real estate investing is rooted in a unique combination of a resilient, high-wage economy and an unparalleled lifestyle. The city’s thriving tech and aerospace industries, coupled with a strong outdoor recreation culture, continue to attract a highly educated and affluent demographic. While property values are higher, the robust job market ensures strong tenant demand, leading to impressive absorption rates. What makes Denver particularly compelling for multifamily investors is its natural and regulatory barriers to entry for new construction, which often constrains supply. This creates a market dynamic where demand consistently outpaces new inventory, contributing to sustained rent growth and property value appreciation. Investors should focus on strategic acquisitions in well-located submarkets, particularly those offering value-add multifamily opportunities to maximize returns.

Hypothetical 2025 Stats:
Median Property Price: $610,000
Occupancy Rate (Q1 2025): 90.5%
Cap Rate (Class B/C Assets): 5.3%
Price-to-Rent Ratio: 23.5
Average Rent: $1,890

Nashville, Tennessee

Music City has transcended its entertainment roots to become a dynamic economic hub, consistently ranking among the best cities for real estate investment year after year. Nashville’s economic diversification is remarkable, with significant growth in healthcare (it’s often called the “healthcare capital of the U.S.”), automotive manufacturing, and a continuous stream of corporate relocations. This job growth fuels an insatiable demand for housing. The city offers a compelling “live-work-play” environment that appeals to a broad demographic, from young professionals to growing families. Strategic investments in Nashville’s multifamily market have consistently delivered high occupancy rates and reliable revenue streams, showcasing its robust underlying fundamentals. As the city matures, opportunities for both ground-up development and repositioning existing assets continue to present themselves, promising strong long-term real estate appreciation.

Hypothetical 2025 Stats:
Median Property Price: $475,000
Occupancy Rate (Q1 2025): 89%
Cap Rate (Class B/C Assets): 5.6%
Price-to-Rent Ratio: 19.5
Average Rent: $1,980

San Diego, California

San Diego represents a unique proposition in the multifamily market: a highly desirable coastal city characterized by severely constrained supply and exceptionally strong demand. Strict zoning laws and geographical limitations (ocean to the west, mountains to the east) make new development challenging, which in turn preserves property values and fosters a consistently tight rental market. The region’s economy is anchored by its strong naval presence, burgeoning biotech and life sciences industries, and a vibrant tourism sector. These high-paying job sectors ensure a resilient tenant base. While median property prices and average rents are higher than in most other markets, the stability of its demand and the scarcity of supply offer a compelling argument for sophisticated investors seeking long-term, high-value real estate appreciation. Careful submarket analysis is key to unlocking the best investment property returns here.

Hypothetical 2025 Stats:
Median Property Price: $900,000
Occupancy Rate (Q1 2025): 96%
Cap Rate (Class A/B Assets): 4.8%
Price-to-Rent Ratio: 24.5
Average Rent: $2,800-$3,200

Salt Lake City, Utah

Salt Lake City, often referred to as “Silicon Slopes,” has emerged as a formidable tech hub, drawing comparisons to larger tech epicenters but with a far more attractive cost of living. Its strong job growth, particularly in software development and innovation, fuels robust demand for multifamily housing. The city also benefits from its stunning natural beauty and outdoor recreation opportunities, appealing to a young, active demographic. Compared to its West Coast counterparts, Salt Lake City still offers a relatively affordable entry point for multifamily investors, presenting an excellent balance of growth potential and value. The strong influx of talent, combined with a supportive business environment, positions Salt Lake City as a top-tier market for long-term real estate investment, promising both consistent cash flow and significant appreciation.

Hypothetical 2025 Stats:
Median Property Price: $545,000
Occupancy Rate (Q1 2025): 95%
Cap Rate (Class B/C Assets): 5.6%
Price-to-Rent Ratio: 25.5
Average Rent: $1,780

Columbus, Ohio

Columbus is rapidly making its mark as an emerging Midwest powerhouse, a hidden gem offering a compelling mix of solid growth and exceptional affordability for multifamily real estate investors. Its economy is incredibly diverse, anchored by a major research university (Ohio State), a growing tech sector, a burgeoning healthcare industry, and its strategic position as a logistics and distribution hub. This economic resilience translates into stable job growth and, critically, a consistently strong demand for rental housing. What sets Columbus apart is its investment-friendly metrics, particularly its higher cap rates and lower median property prices compared to coastal and Sun Belt markets. This unique blend of robust fundamentals and relative affordability makes it an outstanding option for investors seeking strong cash flow and long-term value in a less competitive environment.

Hypothetical 2025 Stats:
Median Property Price: $290,000
Occupancy Rate (Q1 2025): 93%
Cap Rate (Class B/C Assets): 6.9%
Price-to-Rent Ratio: 15.5
Average Rent: $1,580

Dallas, Texas

Dallas, part of the broader Dallas-Fort Worth Metroplex, stands as one of the nation’s largest and most liquid apartment markets, offering unparalleled scale for multifamily real estate investing. Its magnetism lies in continuous corporate relocations, diverse job growth spanning finance, tech, healthcare, and energy, and the ever-present advantage of no state income tax. This trifecta creates a perpetual migration stream, fueling an enormous and diverse tenant demand. The sheer volume of economic activity, coupled with strategic infrastructure development, makes Dallas a market where both value-add multifamily and new construction projects can thrive. For investors seeking robust returns, Dallas offers a dynamic environment with high liquidity, strong rent growth potential, and a resilient economic foundation, making it a cornerstone for any well-diversified real estate portfolio.

Hypothetical 2025 Stats:
Median Property Price: $410,000
Occupancy Rate (Q1 2025): 90%
Cap Rate (Class B/C Assets): 5.2%
Price-to-Rent Ratio: 18.5
Average Rent: $1,860

Seize the 2025 Opportunity

The year 2025 presents a unique window of opportunity for multifamily real estate investors. The strategic selection of markets, informed by deep analysis of economic fundamentals, demographic shifts, and supply-demand dynamics, will be the ultimate determinant of success. These ten cities, each with its distinctive advantages, represent the vanguard of where smart capital should flow. From the high-growth Sun Belt metros to the stable, emerging Midwest hubs, the potential for significant returns and sustained portfolio growth is palpable.

Ready to explore how these insights can be leveraged for your portfolio? Don’t let these prime investment opportunities pass you by. Connect with experienced professionals who can guide your next strategic multifamily investment and help you unlock the full potential of these vibrant markets.