738: Multifamily Seeing Major Operational Headwinds

Economic strain is weighing on renters. The prices of gas and overall inflation is taking its toll. At the same time, expenses have skyrocketed, further adding to the challenges of operating multifamily. As a result, many operators are putting their emphasis on maintaining occupancy versus growing their portfolios. David Lamatinna, Principal at Arrowhead Properties, has over 20 years’ experience in acquiring, renovating, and managing C class apartment communities throughout greater Boston. Having a tight geographic focus, combined with an experienced operator, mitigates a lot of risk. There’s no substitute for an operator living in the market they operate in.