725: Ground Up Micro Housing Projects Deliver Excellent Returns

In today’s environment, multifamily valuations on stabilized properties are still too high to generate enough cash flow for many investors. By contrast, ground up development economics make more sense. California still has a major shortage of housing for middle wage earners, so the state encourages Build-to-Rent developments of affordable properties. Jared Jones, Co-founder of Middle Housing Partners, has a Private Equity fund that develops smaller multifamily, condo, or townhome projects that generate cash-flow and strong appreciation. These properties are in the California Inland Empire where demand for housing continues to outstrip supply.