Category Archives: investment

Peter Linneman – 2024 Multifamily Outlook

I’m a huge fan of Peter Linneman and have referenced him many times in the past. Linneman, in addition to being a highly lauded academic, is a thoughtful and pragmatic economist that often challenges conventional thinking. In other words, my kind of guy. HERE is the latest interview of Linneman done by William Walker, CEO…..

Marc’s Update on the State of the RE Market

Below this article are some charts which accompany my analysis of where the US real estate market stands today.   On the rental side, national data shows that the ultra competitive market for available apartment units we experienced for much of 2021 and 2022 is now loosening a bit. The historically low vacancy rates, high…..

RaisingFest Conference 2023 – Recap

     We recently had the opportunity to attend the RaiseFest Conference in, of all places, our ‘home market’ of Louisville, KY. We were surrounded by 500+ like-minded commercial real estate operators and capital raisers all seeking to elevate their game. Collectively, there was >$10 Bn in assets controlled by those in the room! The…..

How Our Underwriting Is Changing In the Current Market

  A lot has changed in the multifamily market since the start of the year. Back then, deals were being financed in the 2-3% range on agency debt and per-door prices were steadily marching higher. Today, with the Fed’s tightening of financial conditions, commercial multifamily rates have 5 and 6 handles on them for the…..