Episodes

It’s the best time to buy Multifamily properties since the Global Financial Crises, especially value-add properties. Prices have come down dramatically over the past few years, yet the fundamentals for rental housing remain strong as the demand drivers persist. Additionally, as new supply continues to gets absorbed, there will be a major shortage of rental inventory in 2027 and 2028. Hans Box, co-founder of Box Wilson Equity, is doubling down on Multifamily investing. Hans recently acquired a C ...

Multifamily has seen some of its largest headwinds in almost two decades. In many markets, new supply levels are at historic records, expenses such as insurance and taxes have skyrocketed, and other operating expenses have also escalated. All of these challenges, plus impending loan maturities and less liquidity, are making this an opportune time to buy. Ivan Barratt, Founder and CEO of the BAM companies, is acquiring newly built properties at significantly less than replacement cost, and is als...

Finding great deals in this market can require investigating different geographies and possibly different asset classes. Although most Real Estate has encountered major challenges and headwinds, prices are still too high and generate insufficient cash flow. Robert Nelson, Managing Member of Permian Flex Capital, 1031 exchanged one of successful Self-Storage facilities in Northeast Pennsylvania into a small industrial building in Midland, Texas at over a 9 cap entry point, thereby generating stro...

Managing a lot of private investments can be cumbersome with the amount of paperwork, reporting and tracking involved. Having them on one central platform, however, makes life a lot easier. That’s what Vyzer does. It houses all your investments in one place. Vyzer also provides valuable statistical performance data across a cross section of $30 billion invested in deals and sponsors currently on Vyver’s site. Litan Yahav, CEO of Vyzer, is also an experienced LP investor. Litan has learned that d...

Passive investing is not always east. It’s harder, more time consuming, and riskier than most people think. It takes evaluating dozens, even hundreds of General Partners and deals to learn the difference between a good and a bad opportunity. There is so much to learn, that often more time is required of Limited Partners than they have to spend. Unfortunately, this elevates the risk of making private Real Estate investments. Alexsey Chernobelskiy is Founder and CEO of GP/LP match, a website where...

We’re in unprecedented times. The U.S. is printing more money at a velocity that is unprecedented. We are spending more on money paying the interest on our debt than on our military, and interest rates are low by historical standards. Where to safely invest money is becoming a more difficult challenge by the year. Even hard assets like real estate can be risky because of tax exposure. Isaac Bennett, Founder of You Are, is investing in land development for data centers as a low-risk hedge. Isaac ...

As the demand for Class B office space plummets, the prices for these assets decline with it. These properties are often in Class A neighborhood locations in cities people love to live in with limited residential supply. Randy Kenna, Managing Director of Stanton Park Investors, is converting a 1986 Class B office building into 30 condominiums in Alexandria, Virginia, an 18th century enclave right outside of Washington D.C. Randy specializes in converting obsolete buildings into modern housing in...

Many multifamily markets have been struggling, but not all. New Hampshire, for example, has been doing extremely well for a number of years, and continues to outperform many markets. This is because New Hampshire continues to experience employment and population growth, and there’s been almost no new supply for decades. Renters have left Boston and migrated north to New Hampshire for lower rents, no sales tax, and no income tax. Axel Ragnarsson, founder of Aligned Real Estate Partners, buys 10–5...

The past few years have been brutal for multifamily. Higher interest rates, dramatically higher insurance costs, taxes, materials and labor, coupled with declining rents, have plagued the industry. Many properties are underwater, causing losses for investors. As a result, it’s become very difficult to raise money for new deals. Over a longer-term horizon, the forecast for multifamily remains strong as new supply gets absorbed and more people rent, but the past few years have been tough. Jordan F...

Jim Boad is a no-nonsense entrepreneur on a mission to transform lives through housing. As the founder of Shelton Housing First, he’s launched over 14 recovery homes in the last two years, with eight more on the way. People move into recovery homes when they leave short-term treatment centers, and there aren’t nearly enough of them. Therefore, many of these homes have waiting lists. They’re rented out by the bedroom, typically with two residents per room. As a result, they generate vastly more i...

Developing properties from the ground up is more profitable than acquiring existing properties, but entails far more expertise and risk. For starters, the approval and entitlement process is complex, and these projects generally take at least three to five years from approval to completion, and often longer. Many things change in this time frame from borrowing costs, the economy, plus labor and material costs. Very few operators have the expertise to both develop and acquire existing properties....

Although prices on multifamily have come down from their peak more than at any other time in recent history, they still have more to go before they present a good buying opportunity. Rents have not risen, interest rates have not been lowered as anticipated, and oversupply persists in many markets. Yet prices are not reflecting these headwinds. Senior living, on the other hand, can generate 8% yield year one with significant upside. Kent Eichanas, CEO of Stackstone Ventures, has acquired several ...

While new multifamily development grapples with high construction costs and elevated interest rates, stabilized, newer construction assets can be acquired for significantly less than replacement value. Michael Zaransky, a four-decade veteran in the multifamily space, buys properties from merchant builders who face construction loan maturities or investor pressure, leading to forced sales. These acquisitions not only achieve a low-cost basis, de-risking the investment, but agency financing from F...

Consistent returns are generated when there’s scarcity. One asset class that epitomizes scarcity is Manufactured Housing. Not only are new parks not being built, but the supply is also actually shrinking. Drawing on a unique foundation in data analytics and a decade at Capital One, Amanda Cruise applies rigorous financial discipline to acquire and optimize smaller mobile home communities. Amanda details her strategy of identifying off-market opportunities, building direct relationships with owne...

Multifamily investment advisor Darin Garman returns with his "no-BS" assessment: the market is more resilient than expected, thanks to strong renter demand and savvy operators. Operating in Iowa, Darin details his strategy of acquiring well-maintained, garden-style properties (built 70s-2000s) from "mom-and-pop" owners to unlock significant value through income optimization. He also shares his unconventional, yet effective, month-to-month lease strategy across his nearly 1,500 units. This approa...

Danny Catan, Founder of PIA Residential, returns to share his insights on the current multifamily market. While many have lost money due to variable debt and oversupplied southern markets, Danny explains why disciplined investors are finding opportunities. He focuses on workforce housing in secondary and tertiary markets across the Southeast, looking for properties 30% cheaper than the 2022 peak. Danny details his rigorous due diligence process—going beyond the property to understand local demog...

How much you pay, your debt, and staying power determines your success. From 2019-2022, too many people over payed for multifamily properties and utilized floating rate debt. Now many of these operators are under water and unable to hang on to their properties. Christopher Urso, Managing Partner at URS Capital Partners, saw that properties were overpriced at this time and made only one acquisition. He has made twelve acquisitions since January 2024. Over the past fifteen years, Chris has acquire...

The ability to see what others don’t can be the necessary ingredient to achieving outsized returns in commercial real estate. Real Estate is a creative business that requires original thinking and an ability to identify compelling themes and recognize upcoming trends. Tom Shapiro, President, CIO and Founder of GTIS, has been a forward-thinking investor in several asset classes both domestically and internationally. Tom has been a successful value-add operator and developer of large multifamily p...

Although prices on multifamily have come down from their peak more than at any other time in recent history, they still have more to go before they present a good buying opportunity. Rents have not risen, interest rates have not been lowered as anticipated, and oversupply persists in many markets. Yet prices are not reflecting these headwinds. Senior living facilities, on the other hand, are generating 8% yield year one with significant upside. Brian Burke, President and CEO of Praxis Capital, h...

When there’s a growing industry with a high demand for capital and few sources available, it creates an opportunity for solid risk adjusted returns. A current example is cannabis, one of the country’s fastest growing industries. For complex regulatory reasons, banks are not permitted to make loans in this industry. As a result, there’s a vacuum for private lenders to make loans to this category at 12-15% interest that can include further upside upon payoff. Chris Reece, Founder and CEO of MJ REI...

Evan Polasky, Director of Capital Raising for Blackgate, reveals how his firm is achieving attractive 7-8% cap rates in suburban retail strip centers. Unlike the crowded multifamily market, Blackgate focuses on smaller community centers with necessity-based tenants like urgent care, dentists, quick-serve restaurants, and tutoring centers. With new construction at historic lows and high tenant demand, Evan explains why the retail leasing environment has "never been easier," offering stable, less ...

While there’s still a lot of money chasing most quality real estate assets, great opportunities exist for those willing to take more risk with heavier value-add assets. One of the best examples is office buildings in rebounding markets that are selling at 10 to 20 cents on the dollar. Another example is well-located indoor malls that have rebounded and thriving since the pandemic. Travis King is Founder and CEO of REALM, an exclusive investment collective consisting of 100+ ultra-high-net-worth ...

Donald Trump campaigned on reducing our national trade deficit. Despite this aim and increased tariffs over his first year in office, however, deficits have still persisted at their previous levels. The U.S government is investing aggressively in A.I. to become the world leader over China in this technology and remain the world’s preeminent super power. Richard Duncan, author of “The Money Revolution, How to Finance the next American Century,” has a prescription for future growth and prosperity ...

Distress has emerged in the multifamily space. Lenders are taking projects back from sponsors and selling them for the debt or even taking losses in many cases. As a result, some great deals are being made by sponsors to capitalize on these situations and acquire solid workforce properties at a discount. David Lilley, Founder & CEO of Reap Capital, is acquiring 80’s vintage properties in Dallas and San Antonio at steep discounts. He’s also starting to consider expanding into Florida and Arizona....