Podcasts about nmhc

Returning to Multi-Housing News' quarterly podcast with the National Multifamily Housing Council for the third time, President Sharon Wilson Géno is looking to 2025 with “consistent caution,” as well as high enthusiasm. There are a lot of policies and initiatives that she is campaigning for, as well as some notable potential changes to keep an eye on.   Wilson Géno holds more than 30 years of experience in the housing industry. Having served counsel both in-house and outside for various organizations, she is well versed in housing law and policy, government and non-government contracts, nonprofit organizations, legislation and policy around affordable housing and more.  In this episode, Wilson Géno and Multi-Housing News Senior Associate Editor Jordana Rothberg discuss what a new administration could mean for multifamily, how sentiment has changed since last year and some ways the industry might trend in 2025.   Listen in as the two talk about:·        The sentiment around multifamily as expressed in NMHC's annual meeting (1:00)·        If multifamily still real estate's “darling child” (2:30)·        Scott Turner's confirmation and the impacts he might have (4:20)·        The Bipartisan Real Estate Caucus and how it can shape national housing (5:50)·        Policies that Wilson Géno has her eye on for 2025 on the national, state and local level (7:45)·        What multifamily and individuals can to do advocate for more housing (11:45)·        NMHC's focus for the year ahead (14:10)·        How the Fed will impact multifamily in 2025 (16:00)·        Multifamily transaction and deal volume trends (17:20)·        NMHC's quarterly survey of apartment conditions results and what they reflect (19:15)·        Why advocacy matters (22:45) Recorded February 5, 2024

In this episode, Craig McGrouther and Bradley Oliver, Director of Acquisitions at Lone Star Capital, discuss the recent NMHC conference and reflect on the multifamily housing market in 2024. They review our acquisition achievements, the challenges posed by market volatility, and the cautious optimism observed at NMHC.Looking ahead to 2025, they outline our focus on deal flow, particularly in Houston, and highlight the growing importance of retail investors in the real estate landscape.Learn more about Lone Star Capital at www.lscre.com Get a FREE copy of the Passive Investor Guide:https://www.lscre.com/content/passive-investor-guide Subscribe to our newsletter and receive our FREE underwriting model package:https://www.lscre.com/resource/fof-underwriting-toolkit Follow Rob Beardsley:https://www.linkedin.com/in/rob-beardsley/https://www.facebook.com/RobBeardsleyLSC/Read Rob's articles:https://www.lscre.com/blog

Join Mike Roeder in this episode of "Keeping It Real Estate" as he shares key insights from the NMHC Annual Conference. He dives into the latest trends and investment strategies for the multifamily industry in 2025, exploring shifts in the debt market and rental dynamics. Mike offers practical advice on navigating the evolving market landscape, highlighting opportunities for sophisticated investors. Tune in for essential tips to prepare for the year ahead. Keeping it Real Estate is brought to you by Granite Towers Equity Group, helping investors create passive income through multifamily real estate. To get in touch with the founders of Granite Towers, Mike Roeder and Dan Brisse, visit https://www.granitetowersequitygroup.com/contact

The energy at NMHC is electric! With 10,000+ industry professionals buzzing about the potential unlocking of deal activity, it feels like we're on the cusp of a major market shift. But here's the real question—will you be ready when it happens? Success in this next wave isn't just about making deals—it's about having the infrastructure, systems, and human capital in place before the market takes off. Those investing in operational readiness today will be the ones positioned to win tomorrow. If you're in multifamily, now is the time to prepare. What steps are you taking to ensure you're ready for the next big surge? Drop a comment below! Subscribe for more insights on leadership, PropTech, and multifamily strategy.

Did you go? If not…these were the themes, of the 3-day event, between apartment operators, investors, investment sales brokers and lenders. This nationwide conference had optimism in multifamily for the long term…but continued challenges (higher interest rates, higher cap rates, and the lack of distressed assets coming to the market) for the shorter term. 1. NMHC Meeting Overview: The meeting was held at the Aria Hotel in Las Vegas, attended by around 10-12,000 people from various sectors of the multifamily industry. 2. Market Sentiment: Despite challenges, there is optimism about the fundamentals of apartment ownership and investing improving. The sentiment among brokers is more optimistic than among operators. 3. Class A and C Properties: Class A properties are in high demand, while Class C properties are currently out of favor. There is limited availability of properties on the market, and the bid-ask spread remains wide. 4. Interest Rates and Financing: Interest rates are expected to stay higher, but there is some expectation of rate cuts in the future. Banks are starting to open up to lending again after a period of tightening. 5. Distressed Properties: There is some distress in the market, particularly among properties financed with bridge loans. However, the overall percentage of distressed properties is relatively small. 6. Dallas-Fort Worth Market: The Dallas-Fort Worth market is highly favored, with strong fundamentals and high demand. 7. Future Outlook: Michael & James believe that the market will improve, with rent growth expected to return and supply issues easing. They suggest that now might be a good time to consider buying multifamily properties. New apartment supply is coming down rapidly and rental growth is coming back after 138 consecutive weeks of year-over-year decline. 8. Events and Networking: The Old Capital Bus Tour is on March 28th and a virtual Old Capital speaker series on February 5th are upcoming events for networking and learning more about the multifamily market. RSVP to OldCapitalPodcast.com Overall, the discussion highlights cautious optimism in the multifamily housing market, with a focus on strategic buying and navigating current challenges. Are you interested in learning more about how Multifamily Syndications work? Please visit SPIADVISORY.COM to understand more about Michael Becker's Real Estate Syndication business.

Is 2025 the year of “survive to thrive,” or will multifamily finally turn a corner? Let's talk about what's on everyone's mind at NMHC this year. In this episode, Mike Brewer checks in from Las Vegas at the NMHC 2025 Annual Meeting. While the sessions and keynotes are great, Mike's focus is on something deeper—listening to the vibe. Are brokers, investors, and equity players feeling optimistic or bracing for impact in 2025? What are the real conversations happening at the bar, in the hallways, and over coffee? Mike is tracking key topics like: Market sentiment: Which regions are thriving, and which are under stress? Supply and demand dynamics: Are we delivering too much, or is demand keeping pace? Interest rates and deal flow: What's the outlook for transaction activity and recovery timelines? Mike predicts 2025 will be another year of “survive the 25,” with signs of recovery—or at least increased deal flow—starting to emerge by 2026. But for now, it's all about gathering insights and taking the pulse of the industry. Want to stay ahead of the curve in multifamily? Like this video and Subscribe to the channel for more boots-on-the-ground insights and PropTech perspectives!

Brandon Wright is the Co-founder and CEO of Tongo, the company he co-founded to help Real Estate agents address cash flow challenges by providing financial tools such as a commission line of credit and a payroll solution to help stabilize their incomes and automate savings. With a deep understanding of the challenges faced by agents and commission-based earners, Brandon has led Tongo in creating innovative solutions that provide liquidity and flexibility, empowering users to manage cash flow effectively. He began his career at Smith Barney in Seattle, Washington, working under renowned contrarian value investor Jamie Dimon, current CEO of JPMorgan Chase. He then ventured into entrepreneurship, starting a coffee shop in Seattle. Brandon then pursued an MBA at Cornell and joined private equity firm Vista Equity Partners, where he implemented best practices across their software portfolio. Leveraging his experience, he co-founded a company that used AI to build decision engines for lenders, ultimately transitioning into developing a buy now, pay later solution for e-commerce called Catapult.(01:09) - Brandon's Journey in Financial Services(06:28) - The Birth of Tongo(07:48) - Challenges in the Real Estate Market(11:09) - Tongo's Financial Solutions for Agents(16:26) - Feature: Pacaso - Luxury vacation home ownership, elevated. Join Pacaso's growth and become an investor of a venture-backed company at Pacaso.com/invest(18:12) - Success Stories & Future Plans(21:32) - Lowering risk with data availability & efficient distribution(27:27) - Impact of NAR Lawsuit on Real Estate agents & investors(35:07) - Feature: Blueprint - The Future of Real Estate 2025(35:54) - NYC Housing Market & FARE Act(40:43) - Collaboration Superpower: Jamie Dimon (Wiki)

Caren Maio is the CEO and co-founder of 100, a Proptech company tackling rental fraud for Multifamily owners and operators. A staggering 93% of operators have experienced fraud in the last 12 months, and Caren and the 100 team are on a mission to stop it. Prior to this role, she led Moved, and co-founded and led Funnel (previously Nestio), a leasing and marketing platform for Multifamily properties, where she served as CEO and President for 11 years. Under her leadership, Funnel was recognized as one of Entrepreneur Magazine's "Best Entrepreneurial Companies in America." Caren's expertise has earned her features in publications like The Wall Street Journal, Bloomberg, and Forbes. Caren is also a member of the Forbes Real Estate Council and, before her entrepreneurial ventures, she held sales and marketing positions at The Wall Street Journal and Nike.(02:01) - Inman's Proptech Awards(04:52) - Caren Maio's Journey to 100(06:27) - Understanding Renter Fraud(10:44) - Tech stack & Partnership with CLEAR(14:41) - Feature: Pacaso - Luxury vacation home ownership, elevated. Join Pacaso's growth and become an investor of a venture-backed company at Pacaso.com/invest(17:22) - Business Model & Market Strategy(21:53) - Unexpected Proptech Alliances(22:52) - Proptech fundraising: challenges & advice for first-time founders(34:04) - Feature: Blueprint - The Future of Real Estate 2025(38:42) - Collaboration Superpower: Betty White

In this episode, we're diving into a crucial and timely conversation about the current political landscape and what it means for the student housing industry. With a new administration on the horizon and the balance of power in Congress shifting, the regulatory and legislative landscape is poised for change. Joining us is Dave Borzos from NMHC, who provides a deep dive into the potential impacts on student housing—from capital markets and agency appointments to deregulation, immigration, and federal policies. We'll also explore critical issues like the future of Fannie Mae and Freddie Mac, the fate of bulk internet agreements, and how tax and economic policies might influence the industry in the months to come. If you're a student housing professional navigating today's uncertainties, this episode is packed with insights to help you stay informed and prepared. So grab your notebook, and let's jump in! 00:00 - Teaser 00:14 - Sponsor - TheGuarantors 01:49 - Intro 07:40 - Conversation with Dave Borsos 30:43 - Outro This episode is sponsored by TheGuarantors. To find out more about how they can help your property approve more prospect and help eliminate bad debt, visit their website at: https://bit.ly/3WmNsqa Have comments or suggestions? Email us at Contact@StudentHousingInsight.com Make sure you are registered to receive invites for ShopTalk, the monthly webinar covering all things regarding student housing operations. Register at www.ShopTalk.info Join the SHI Community and check out our upcoming events by going to www.StudentHousingInsight.com

In certain markets across the nation, rental rates have been hurt due to a strong wave of supply deliveries. And yet, the U.S. still faces a severe housing shortage partnered with affordability issues. In this episode of Quarterly with NMHC, Caitlin Sugrue Walter, vice president of research, and Bernard Fulton, vice president for housing policy and regulation, join Multi-Housing News Senior Associate Editor Jordana Rothberg to talk about just that. Caitlin Sugrue Walter's primary role with NMHC is to conduct research on multifamily trends for the company. Her areas of expertise include apartment market trends, multifamily supply and specialty apartment research topics. Bernard Fulton brings more than 30 years of experience in and around Congress as a policy advisor, legislative analyst, lobbyist, strategist and political organizer. He is well versed in housing affordability, housing supply, finance and capital markets, GSEs and housing finance reform. Tune in to listen in on the implications of this new multifamily stock as well as what policy makers and those in the industry can do to keep the needle moving. You'll hear: ·      Where new multifamily stock came online and why (1:30) ·      Why so many units hit the market at relatively the same time (3:30)   ·      How long until high-supply markets begin to absorb the excess (4:50) ·      Where multifamily development stands in the future (6:40) ·      Specific policy solutions to mitigate the impediments facing multifamily (10:30) ·      Short term solutions that would make a difference (13:05) ·      How taxes could ease or hurt multifamily cost challenges (14:15) ·      State-wide policies that Fulton hopes don't move forward (15:40) ·      Sugrue Walter's thoughts on rent growth sentiment and rent control (17:10) ·      Government programs and vouchers that can help residents find housing (18:05)   Recorded October 2, 2024

In this podcast episode, Wes lays out all of the student housing conferences that are being hosted this fall and provides insights from a few of the organizers. This episode is sponsored by TheGuarantors.  To find out more about how they can help your property approve more prospect and help eliminate bad debt, visit their website at: https://bit.ly/3WmNsqa Links: Student Housing Insight: www.StudentHousingInsight.com ShopTalk Webinar: www.ShopTalk.info IMN Student Housing 360: https://events.imn.org/event/0df79910... FHA Conference: https://www.fraternalhousing.org/2024... NMHC Student Housing Conference: https://www.nmhc.org/meetings/calenda... NMHC's OpTech Conference & Expo: https://www.nmhc.org/meetings/calenda... Bisnow's Student Housing and Higher Ed Development Summit: https://www.bisnow.com/events/philade... Discount Code: Check back. Bisnow has not provided it yet. LeasCon+TurnCon: https://interfaceconferencegroup.com/ Our Email: Contact@StudentHousingInsight.com

Welcome to the Multifamily Podcast with Ronn and Martin (Powered By ApartmentSEO.com)! We're thrilled to have a very special guest today—Vanessa Siebern, the Chief Operating Officer at FPI Management. One of the top property management companies in the U.S., currently ranked #6 by NMHC and  #2 for their Affordable Division — a huge accomplishment!  Welcome to The Multifamily Podcast, Vanessa, we're excited to have you on the show. Make sure to subscribe today!

Returning to Multi-Housing News' quarterly podcast with the National Multifamily Housing Council for the second time, President Sharon Wilson Géno says that multifamily waters are a bit murkier than she had anticipated they would be in Q3. But 2024 has also had some notable successes when it comes to housing policy and legislation as well.   Wilson Géno holds more than 30 years of experience in the housing industry. Having served counsel both in-house and outside for various organizations, she is well versed in housing law and policy, government and non-government contracts, nonprofit organizations, legislation and policy around affordable housing and more.     In this episode, Wilson Géno and Multi-Housing News Associate Editor Jordana Rothberg discuss legislation and policy that Géno remains hopeful about, what building codes need to change to free up multifamily developers, changing renter sentiment and much more.   Follow along as the two dive into: ·        How the outlook for multifamily has shifted since Q1 (1:00) ·        What 2024 has held so far in terms of legislation and policy (3:45) ·        What Wilson Géno is remaining hopeful for prior to the election (6:45) ·        Shifting renter preferences and what they mean for multifamily (8:00) ·        The importance of investing in the perception of the renter (12:40) ·        Increasingly restrictive building codes and how they drive challenges (13:45) ·        What might ease the difficulties that building codes place on affordable developers (16:45) ·        How NMHC is educating multifamily about codes and costs (19:20) ·        What the rest of 2024 might hold (20:20) Recorded July 2, 2024

Sharon's enthusiasm is truly infectious. Her unwavering commitment to aiding individuals with health and housing needs is unparalleled, and we consider ourselves fortunate to have her passion driving our industry forward. She articulates the profound impact of housing shortages, highlighting the alarming statistic that only one in four individuals in need of housing assistance actually receive it. Sharon compellingly argues that this crisis extends beyond shelter, framing it as a critical national security issue. Tune in to discover why housing is a security concern!

Our guest for this week's show is real estate Investment Expert, Jeff Gleiberman. Jeff is President of MG Properties, a vertically integrated multi family firm with over 28,000 units and recognized by NMHC as a top 50 apartment operator. Jeff is responsible for overseeing investment transactions, operational strategies, and partner relations. Jeffs unique experience has allowed him to drive substantial platform growth while staying true to his firms founding principles. Prior to MG, Jeff worked in apartment investment sales at CBRE where he over saw the sale of over $500 million in Southern California multi family properties. Jeff has a business degree, with an emphasis in finance and management, from the University of Southern California and a Master of Science degree in real estate. Connect with Jeff and his Team: mgproporties.com Highlights: 4:56 - The Existing Multi Family Investment Focus 6:50 - Risk Profiles 14:25 - In House Organizations Improvements 21:22 - Future Opportunities, Low Costs, Deals 24:50 - Cap Rates (West Coast)   Recommended Resources: Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.  Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.  Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast. Learn more about Kevin's investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.

In this episode, we'll kick things off with a roundup of recent events, including announcements about an upcoming 506C deal in Dallas and our can't-miss LSC summit event on September 15th and 16th. From there, we'll take a trip down memory lane as we recap the whirlwind of conferences and networking events that defined Q1, sharing key takeaways from industry gatherings like NMHC in San Diego and the Best Ever Conference.We'll also explore the broader market landscape, discussing Treasury rate volatility, potential rate cuts, and their implications for deal underwriting. Plus, we'll dive into the concept of rate parity and its impact on floating rate loans.Tune in now to get the inside scoop on Lone Star Capital's latest deal activity, from successfully closing the Aspire Apartments deal to exploring innovative deal structures and more!Learn more at www.lscre.com To apply to attend LSC Summit 2024: www.lscsummit.comFollow Rob Beardsley:YouTubeFacebookLinkedInRead Rob's articles:https://www.lscre.com/blog

The cost of insurance for multifamily communities isn't going down. Instead, owners and operators are having to find ways to adapt. But it doesn't have to be entirely on the plates of multifamily to solve problems brought about by increasing insurance prices. Policy solutions have the potential to offer some help too. In this episode of Quarterly with NMHC, Multi-Housing News Associate Editor Jordana Rothberg is joined by the National Multifamily Housing Council's Kevin Donnelly, vice president of government affairs, technology and strategic initiatives, and Caitlin Sugrue Walter, vice president of research. Together the three discuss how insurance costs are impacting affordable housing, how these prices might change in the future and what policymakers can do to ease high insurance cost impacts. Follow along as this podcast goes over: ·       The current multifamily insurance landscape (1:30) ·       What factors are lending towards high insurance prices (4:30) ·       Where high interest rates do and don't play a role (8:00) ·       The impact of high insurance costs on the national housing shortage (12:00) ·       How high insurance costs directly affect affordable housing (14:45) ·       Strategies firms are implementing to navigate a high insurance landscape (19:30) ·       The importance of high-quality data and modern technology (24:00) ·      Policy solutions that could help (27:00) ·      How experts foresee the future of multifamily insurance costs (33:00)

Join us in this enlightening episode of Passive Investing from Left Field, where host Jim Pfeifer welcomes real estate maestro John Chang. Dive into the depths of real estate investment strategies, market forecasts, and the future of various asset classes as we prepare for 2024. Whether you're a seasoned investor or just starting out, John's insights will help you navigate the ever-evolving real estate landscape. Don't miss out on this masterclass in making informed investment decisions.  About John Chang Senior Vice President, National Director Research ServicesMarcus & Millichap Real Estate Investment ServicesJohn Chang serves as the National Director of Research Services for Marcus & Millichap. He is responsible for the production of the firm's vast array of commercial real estate research publications, tools and services. Under his leadership, Marcus & Millichap has become a leading source of market analysis, insight and forecasting, and the firm's research is regularly quoted throughout the industry and in mainstream business media. John oversees a team of dedicated real estate research professionals who produce the firm's more than 1,000 annual market research publications and conference presentations. These detailed reports, analyses and presentations integrate economic and financial market trends with insights on all major commercial property types including: Hotels, Industrial, Manufactured Housing, Multifamily, Office, Medical Office, Retail Multi-Tenant, Retail Single-Tenant, Self-Storage and Seniors Housing.John is a seasoned industry analyst who has been quoted in numerous publications and is an active member of the NMHC Research Foundation Advisory Committee, the ICSC North American Research Task Force and the NAIOP Research Foundation. He regularly presents at a wide range of conferences and events hosted by industry-leading organizations such as the NMHC, NAIOP, ULI, CCIM, ICSC, SSA and numerous others. John joined Marcus & Millichap in April 1997 as a Research Manager in the Seattle office. After holding executive marketing and e-business positions with premier residential real estate firms in the Pacific Northwest, he rejoined Marcus & Millichap in November 2007 as the head of its Research Services division. John was elected as Vice President in 2010, advanced to First Vice President in 2013 and promoted to Senior Vice President in 2018.    Here are some power takeaways from today's conversation:01:59 His real estate journey03:25 2024 Outlook for the real estate market05:08 How LP investors can invest wisely in 202407:18 How to find good operators 11:41 Which asset classes will shine in the next few years18:14 Loan delinquency rates24:04 Rate caps effect on loans29:06 Construction costs affect the markets34:44 Interest rates getting back to normal39:40 What to protect ourselves from in 202442:41 The Best Ever Conference44:39 Podcast recommendation45:26 Contact John46:14 Thanks for watching! This show is for entertainment purposes only. Nothing said on the show should be considered financial advice. Before making any decisions, consult a professional. This show is copyrighted by Passive Investing from Left Field and Left Field Investors. Written permissions must be granted before syndication or rebroadcasting.       Resources Mentioned:LinkedIn www.linkedin.com/in/johnchang  Podcast Recommendations:Pickleball studio: https://pickleballstudio.com/Advertising Partners:Left Field Investors:https://www.leftfieldinvestors.com/Rust Belt Capitalhttps://rustbeltcapital.com/Left Field Investors - BEChttps://www.leftfieldinvestors.com/bec/Circuit Cityinvest.circuitcity.com

Welcome to our latest podcast episode, where we unpack insights from the recent NMHC conference alongside Ravi, the COO of Viking Capital. The NMHC conference is a hub for multifamily housing leaders, and Ravi brings fresh knowledge and foresight from this influential event. Join us as we delve into key takeaways, impactful sessions, emerging trends, and strategies to integrate these insights into Viking's approach. From economic forecasts to the role of technology and operational challenges, we cover it all. Plus, discover Ravi's reflections on the value of the NMHC conference for industry professionals. Don't miss out on this deep dive into the heart of the multifamily industry! In this episode: - Economic expectations and forecasts for the multifamily market. - Using technology to enhance tenant experience and operational efficiency. - Addressing operational and public policy risks in the industry. - Ravi's perspective on the conference's value and its impact on Viking's strategy. Tune in for valuable insights and discussions on navigating the multifamily housing landscape. Subscribe now for more episodes covering industry trends and expert insights!

Compared to the prevailing uncertainties of 2023, a better view of the multifamily market and its driving forces points to increased investment activity as the year progresses. Significant challenges remain for apartment operators in 2024, but greater clarity on apartment construction, interest rates, housing demand, and the economy, alongside pent-up demand from investors who were inactive this past year, are a marked contrast from 2023 and highlight the solid investment prospects of the multifamily market. Sources cited in this episode: Moody's Analytics: “Groundhog Day: Will There Be A Long Winter for CRE?” - https://cre.moodysanalytics.com/insights/cre-news/groundhog-day-will-there-be-a-long-winter-for-cre/ RealPage: “7 Takeaways from NMHC's Annual Meeting” - https://www.realpage.com/analytics/7-talking-points-nmhc-2024/ Marcus and Millichap: “U.S. Multifamily Investment Forecast” - https://www.marcusmillichap.com/research/market-report/multiple-markets/2024-us-multifamily-investment-forecast Blackrock: “Private Markets Outlook” https://www.blackrock.com/institutions/en-us/literature/whitepaper/2024-private-markets-outlook-stamped.pdf For the latest multifamily news from across the internet, visit the Gray Report website: ⁠https://www.grayreport.com/⁠ Sign up for our free multifamily newsletter here: ⁠https://www.graycapitalllc.com/newsletter⁠ DISCLAIMERS: This podcasts does not constitute professional financial advice and is for educational/entertainment purposes only. This podcast is not an offer to invest.

The enormous amount of apartment supply expected this year should temper any expectations of apartment demand, but newly-published research on the topic argues that U.S. housing needs are far larger than can be addressed even with the historic amount of multifamily completions last year and forecasted for this year. On the capital markets side, recent data points to a substantial increase in CRE investment interest, but given the Federal Reserve's recently-announced intentions to keep interest rates at their current levels past March of this year, the market may not thaw until later in the summer when financing conditions improve. Sources cited in this episode: CBRE: “2024 U.S. Investor Intentions Survey: Investment Activity Expected to Increase” - https://www.cbre.com/insights/briefs/2024-us-investor-intentions-survey Moody's Analytics: “One Good Year Does Not Solve America's Housing Shortage” - https://cre.moodysanalytics.com/insights/cre-news/one-good-year-does-not-solve-americas-housing-shortage/ Harvard Joint Center for Housing Studies: “Six Takeaways from America's Rental Housing 2024” / America's Rental Housing 2024 - https://www.jchs.harvard.edu/blog/six-takeaways-americas-rental-housing-2024 / https://www.jchs.harvard.edu/sites/default/files/reports/files/Harvard_JCHS_Americas_Rental_Housing_2024.pdf For the latest multifamily news from across the internet, visit the Gray Report website: ⁠https://www.grayreport.com/⁠ Sign up for our free multifamily newsletter here: ⁠https://www.graycapitalllc.com/newsletter⁠ DISCLAIMERS: This podcast does not constitute professional financial advice and is for educational/entertainment purposes only. This podcast is not an offer to invest.

With over 10,000 apartment investors, lenders, general partners, property management companies, and apartment builders… this is the biggest annual event for the apartment industry called NMHC. What was discussed? Well…the biggest take aways are: from the lenders…”we are not at the bottom of the cycle: more distress is coming!” The sales brokers said…”now, is a great time to buy.” The buyers said…”I will only buy with positive leverage on stabilized NOI and I want at least a 6 cap +”. The sellers said…”I won't look at an offer higher than at a 5.25% cap…find another buyer, please.” The limited partners are saying…”how much more capital calls are coming?” Yes…lots of opinions at the conference. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory. If you enjoyed this discussion…. Please leave us a 5-STAR RATING on iTunes.

This is a narration of our weekly Rent and Operating Trends Report.Will you be at NMHC this week? If so, come find us. Blerim Zeqiri, Brad Cribbins, Jay Denton, and I will be at the Apartment Strategies conference and the annual meeting. We would love to share what 2024 has in store for Radix and the multifamily industry.The economy chugs along with a strong foundation in employment and improving inflation metrics. The Personal Consumption Expenditures Index was released on Friday showing that prices have increased 2.9% from a year ago. The Fed prefers to watch the PCE, and this measure now sits within the target range for policy makers, as they mull the next step on interest rates. Fed officials will vote on monetary policy at their meeting this week and while few expect a change in rates at this meeting, many economists are speculating when the first rate cut will come. I believe the Fed will start easing monetary policy in the second quarter, but softer jobs numbers or lower inflation reports may accelerate the process for the first rate cuts since COVID.Property fundamentals continue to improve in the short term, while annual growth remains negative for most key metrics. Occupancy is showing a similar trend to last year, and is holding firm, despite expectations of continued declines. Traffic and leasing are improving, indicating a potential early start to the 2024 leasing season. Explore our webpage for more insights and resources:https://bit.ly/Radix_Website

For first episode of the Multi-Housing News' quarterly podcast featuring guests from the National Multifamily Housing Council, President Sharon Wilson Géno discusses her thoughts on what 2024 holds for multifamily. Wilson Géno holds more than 30 years of experience in the housing industry under her belt. Having served counsel both in-house and outside for various organizations, she is well versed in housing law and policy, government and non-government contracts, nonprofit organizations, legislation and policy around affordable housing and more.  In this episode, Wilson Géno and Multi-Housing News Associate Editor Jordana Rothberg discuss rent control, rental fraud and other multifamily trends that will impact the industry in the year ahead. Listen in as the two talk about: · What 2024 might bring for multifamily (1:00) · Impactful trends and opportunities taking place this year (3:30) · How interest rates might influence the multifamily landscape (7:15) · NMHC's recent study on rent control (10:00) · An NMHC survey on the rampant rise of rental fraud (15:30)  · Policy changes Wilson Géno hopes to see (21:30) · A new Digital Discrimination Rule and the harm it may bring (22:40) Recorded January 25, 2024

This is a narration of our weekly Rent and Operating Trends Report.The Radix team will be at the NMHC annual meeting next week and we would love to see you there. If you'll be in attendance please reach out. We will be sharing market insight and forecasts as well as upcoming product updates. We are also excited to open several new markets in Radix Research. Our coverage continues to expand across the southeast, Midwest and West Coast, and new markets include Detroit, Columbus, Sacramento, and Huntsville among others.Evidence of a strong economy continues to permeate the closing reports from 2023. December retail sales were very strong, increasing 0.6% monthly and 5.6% on an annually. The 2023 holiday season was better than expected, proving that the American consumer is healthy and spending. Consumer activity drives nearly three quarters of GDP, and the strong consumer activity is a positive indication for fourth quarter economic output. Prices may be on the rise because of the strong spending, as we saw the December CPI increase faster than estimates. The Personal Consumption Expenditures Index, the measure of inflation preferred by the Federal Reserve, will be released on Friday, providing further indication of pricing pressure across the market. Explore our webpage for more insights and resources:https://bit.ly/Radix_Website

This episode examines single-family portfolios and build-to-rent projects with Doug Faron, Founder & Managing Partner at Shoreham Capital.The Crexi Podcast explores various aspects of the commercial real estate industry in conversation with some of the top CRE professionals in the space. In each episode, we feature different guests to tap into their wealth of CRE expertise and explore the latest trends and updates from the world of commercial real estate. In this episode, Crexi's Yannis Papadakis sits down with Doug to cover all things residential real estate, including markets of interest, the impact of wider demographic and consumer trends on the sector, and key lessons learned navigating his investment firm through market cycles. Their wide-ranging conversation includes:Introductions, early career path, and key mentorsImportant lessons learned, evaluating deals as individuals, and understanding the nitty gritty of each market early on as an investor.The origins of Shoreham Capital and how the team sets itself apart from other investment firms.Current investment projects and righting the ship amidst uncertain economic conditions and rising cost of capital.Key trends to watch headed into 2024 The importance of prioritizing high-accuracy and facile data tools for making investment decisions.Primary challenges and opportunities in being a multifamily investor in today's market.Rapid fire questions and sign-offsAnd much more!Prefer video? The episode also lives on our Youtube page:About Doug Faron:Doug Faron is a real estate leader and skilled dealmaker specializing in sourcing, capitalizing, structuring, and executing debt and equity transactions throughout the United States. With nearly two decades of experience, Doug has overseen over $10 billion of real estate investments and developments across asset classes and the capital stack. Throughout his career, Doug has successfully executed the investment, development, and management of residential, retail, hotel, office, and mixed-use assets in major markets, including New York City, Los Angeles, Miami, and Washington D.C.As Co-founder and Managing Partner at Shoreham Capital, Doug oversees all aspects of the firm, including the acquisition, capitalization, development, and management of their projects. With his extensive quantitative and strategic analysis background across various transaction types, Doug helps Shoreham target high-quality real estate investments that deliver superior risk-adjusted returns for investors. Before Shoreham, Doug spent ten years at the CIM Group, a $35 billion AUM Real Estate Private Equity firm, working as Managing Director, and overseeing the firm's East Coast investment platform. Prior to CIM, Doug worked in Corporate Private Equity for LNK Partners, and in Investment Banking in the Mergers and Acquisition Group at Deutsche Bank based in New York City. Doug is an active member of ULI, NMHC, NAIOP, and ICSC and is a longtime supporter of the Harlem Lacrosse Program in New York City and Los Angeles. Doug graduated from Brown University with a dual concentration in international relations and economics and received his MBA from Northwestern University's Kellogg School of Management. He resides in Palm Beach, Florida, with his wife, Barbara, and two children, Madeline and Jack. About Crexi:Crexi is transforming commercial real estate with advanced, integrative technology and data analytics designed to accelerate every CRE stakeholder's success. From trading properties to machine-learning-powered industry Intelligence, Crexi's intuitive CRE solutions accelerate transaction velocity and have empowered over 2 million monthly users to close $540 billion in deals and market over $5 trillion in property value.

Just in time for OpTech 2023, Sharon Wilson Geno, President of the National Multifamily Housing Council, discusses advocating for the multifamily industry with a focus on providing more housing, specifically affordable housing, to the American people. We also explore her experience after a year in the position, the challenges she sees surrounding technology in the multifamily space and how OpTech can become more of an evergreen event. Learn more about NMHC at https://www.nmhc.org/

In this week's episode of the Multi-Family Method, Mike Mosher interviews first time guest, Christopher Bruen from the National Multifamily Housing Council. Christoper is the Senior Director of Research at NMHC, with a primary responsibility for aiding and expanding upon NMHC's research in housing and economics. Prior to joining the Council, he conducted research on the behavioral tendencies exhibited by option traders and served as a contributor to the Shanghai-based business publication, MorningWhistle.com, where he wrote on topics relating to Sino-American economic policy. Christoper holds a bachelor's degree in finance from George Washington University and an M.S. in Economics from Johns Hopkins University. Today Christoper joins us to discuss the current state of the multi-family market by providing us with some insights based on NMHC's research and data. We hope you enjoy this insightful episode geared towards the state of the multi-family market.  Resources: NMHC: NMHC | Home NMHC Staff Christopher Bruen: NMHC | Christopher Bruen Christopher Bruen Social Media Handles LinkedIn: Chris Bruen | LinkedIn Capstone Companies: Capstone Companies | Multi-Housing Investment Properties | Real Estate (capstone-companies.com) Capstone Social Media Handles  Mike Mosher on LinkedIn: (2) Michael Mosher | LinkedIn Capstone Companies: (2) Capstone Companies: My Company | LinkedIn  

It's a new season for REady2Scale, so get ready to dive into the multifamily real estate market with a whole new perspective! Join Jeannette, Ellie, and special guest, Ryan Rasieleski, as they discuss the NMHC report, rent growth, and how different market segments are shifting. Explore the factors driving this change due to remote work and lifestyle shifts and analyze the potential impact of inflation and climate on real estate. Get hands-on with a property tax assessment scenario and its appeals. Discover how this can influence overall proceeds and the crucial role of broker opinions of value (BOVs). Tune in for valuable insights on investor sentiment and highly effective capital raise methods, offering a deep dive into our Blue Lake multifamily fund—your gateway to investment diversification. This episode equips you with essential knowledge to navigate the multifamily real estate terrain confidently. Don't miss this enriching conversation!  Key Takeaways: NMHC Report and Rent Trends: The podcast delves into the insights from the NMHC report, highlighting key trends in the multifamily real estate market. This includes a discussion about rent trends and how different market segments are performing. Remote Work Impact: The podcast explores the potential impact of remote work on the multifamily real estate market. As remote work becomes more common, there is a consideration of how this might influence housing preferences and rental demand. Inflation and Real Estate: The podcast also touches on the subject of inflation and its effects on real estate. Listeners gain an understanding of how inflation can impact property values, rental income, and investment strategies. Property Tax Assessment: An interesting scenario is presented regarding property tax assessment. The podcast examines the process of appealing property tax assessments and how changes in these assessments can impact overall investment returns. Cap Rates and BOVs: Listeners are introduced to important concepts such as Capitalization Rates (Cap Rates) and Broker Opinion of Value (BOV). These concepts play a crucial role in property valuation and investment decision-making. Diverse Capital Raise Approaches: The podcast provides insights into various approaches for raising capital for real estate investments. This highlights the importance of understanding different strategies to fund property acquisitions. Market Dynamics and Investor Strategies: Throughout the podcast, there is a focus on understanding current market dynamics. This includes exploring investor strategies that can help navigate challenges and make the most of opportunities in the multifamily real estate market. Are you REady2Scale Your Multifamily Investments? Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com. To reach Ellie & her team, email them at info@bluelake-capital.com or complete our investor form at www.bluelake-capital.com/new-investor-form and they'll connect with you. Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is sponsored by: ⁠Updater Updater is the app that gets residents move-in ready faster. Did you know that residents who are happy with their move-in experience are 59% more likely to renew their lease? Move-ins matter. Get them right with Updater. Visit go.updater.com/mike and as a special gift to our listeners, Updater is offering a special gift when you book a demo. In this episode, Mike Brewer sits down with Virginia Love – Industry Principal, Entrata. Virginia is a highly respected expert in the multifamily industry with a long history in multifamily leasing, marketing, and operations. She is a champion of the people in our industry and has a deep understanding of the ways that technology impacts the front-line teams and believes that it is our responsibility to elevate the role our team members play in the success of our industry. Key Discussion Points: 1. Lasting impact of the pandemic: The pandemic shed attention on the importance of the site teams and led to the current focus on them as the drivers of performance, doing what is right for the site teams, and recognizing the need to reconsider appropriate wage levels. 2. Culture Matters: Entrata is a technology company that actively engages its customers in the Entrata culture - so much so that they become invested in the Entrata brand. 3. Economic Inclusion: For decades, the only impact for residents who paid their rent on time was not incurring late fees or being sent to collections. Entrata offers a program that reports resident payment history to the major consumer credit reporting agencies. Giving renters the ability to build their credit by simply paying their rent is a significant economic empowerment tool. 4. The Value of Yes - Advice if you desire to grow your multifamily career: Get involved. Make Yourself Indispensable. Do whatever other people don't want to. Get active in your Apartment Association, IREM, or NMHC. Take every opportunity to learn and don't wait for someone to teach you. There are countless ways to build your knowledge, so take charge of your education and growth. Between the non-stop camaraderie and laughter, Mike and Virginia share practical tips and advice based on their extensive knowledge and expertise in the multifamily industry. Whether you're a seasoned investor, property manager, vendor/supplier, or someone interested in learning more about the multifamily market, this series offers valuable insights that can help you navigate the challenges and seize the opportunities in this dynamic industry. About Mike Brewer Mike Brewer is enthusiastic about people, technology, and the world of multifamily. He serves as President of RADCO Residential and COO of The RADCO Companies. As the Founder of Multifamily Collective, Mike draws on his deep understanding of the multifamily space and is passionate about sharing insights and wisdom through a series of Collective Conversations with others in this industry. About Virginia Love Virginia Love, Industry Principal at Entrata is directly involved with marketing, product, and sales as a liaison from the multifamily industry to these departments. With nearly three decades of industry experience, Virginia has served the Atlanta Apartment Association, GAA, NAA, NMHC, and Zillow Multifamily Advisory Board. Virginia is also a part of the Apartment All-Stars. Connect with Us: We would love your feedback, questions, and topic suggestions for future episodes. Feel free to contact us via info@multifamilycollective.com. Subscribe and Share: If you enjoyed this episode, rate, review, subscribe to our podcast on all Podcast Platforms and share it with your friends and colleagues. Please help us spread the word about Multifamily Collective and empower others to thrive in the multifamily real estate industry. --- Send in a voice message: https://podcasters.spotify.com/pod/show/mike-brewer/message Support this podcast: https://podcasters.spotify.com/pod/show/mike-brewer/support

What are the shared obstacles and opportunities confronting developers, local governments, and residents in the effort to build better housing within reach for more Americans? Host Alison Johnson is joined by the woman who literally wrote the book on how yesterday's housing policies led to today's housing problems. Hit play for a fascinating conversation with Dr. Jenny Schuetz, the author of the book, Fixer-Upper: How to Repair America's Broken Housing Systems. NMHC is the place where the leaders of the apartment industry come together to guide their future success. Not a member? Learn more about NMHC at www.nmhc.org Looking for more info on housing affordability? NMHC has you covered: https://www.nmhc.org/research-insight/

 The Code 53 special 2-part episode on parking in the multifamily sector concludes with a look at the future with journalist and author, Henry Grabar, and CEO and author, Clay Grubb. Hit play and glimpse a vision of how new technology, the changing nature of the commute, and infrastructure demands are shaping Multifamily's parking future.  NMHC is the place where the leaders of the apartment industry come together to guide their future success. Not a member? Learn more about NMHC at www.nmhc.org Looking for more info on Parking history, economics, and policies? NMHC has you covered: https://www.nmhc.org/advocacy/resources-to-promote-apartments/nimby-objections/parking/  

Welcome to the first part of a special Code 53 two-part episode on the issue of parking in the multifamily sector. With more parking per car in America than there is housing per person, hit play to get up to speed on the history, economics, and policies at the intersection of land use and transportation. Host Alison Johnson is joined by Dr. Michael Manville, Associate Professor of Urban Planning at the UCLA Luskin School of Public Affairs for a detailed look at how minimum off-street parking requirements tend to hide the public costs of driving and parking in the property market NMHC is the place where the leaders of the apartment industry come together to guide their future success. Not a member? Learn more about NMHC at www.nmhc.org Looking for more info on Parking history, economics, and policies? NMHC has you covered: https://www.nmhc.org/advocacy/resources-to-promote-apartments/nimby-objections/parking/

Multifamily business leaders who work on the issues of diversity, equity, and inclusion believe DEI isn't a problem to solve, but rather, a strategy for solving problems that affect an organization's marketplace and business planning. NMHC General Counsel, Betsy Feigin Befus; Nareit's SVP for Social Responsibility & Global Initiatives, Ayris Scales; and Jeff Brodsky, Vice Chair at Related Companies, join host Alison Johnson for a discussion about the challenges to diversifying networks in the multifamily space, and the resources and solutions that are available to address those challenges.  NMHC is the place where the leaders of the apartment industry come together to guide their future success. Not a member? Learn more about NMHC at www.nmhc.org Looking for more info on Supplier Diversity and NMHC's Diversity, Equity and Inclusion Commitment? NMHC has you covered: NMHC DEI Initiative: https://www.nmhc.org/DEI NMHC Supplier Diversity Initiative: https://www.nmhc.org/CREDS

Caitlin Walter with the National Multifamily Housing Council joins Michael Bull to discuss performance, demand, new supply, central business districts, and more intel available from NMHC. Brought to you by: Bull Realty - Customized Asset & Occupancy Solutions: https://www.bullrealty.com/ Commercial Agent Success Strategies - The ultimate commercial broker training resource: https://www.commercialagentsuccess.com/ Watch the video versions of our show on YouTube! https://www.youtube.com/c/Commercialrealestateshow Follow us at: @BullRealty https://twitter.com/bullrealty @CRE_show https://twitter.com/CRE_show

How is regional bank turmoil, inflation and forecasts of continue interest rate hikes impacting the Multifamily sector? Host Alison Johnson is joined by Dr. Brad Case, Chief Economist and Director of Research for Middleburg Communities for a multifamily focused analysis that puts current market conditions in context.  NMHC is the place where the leaders of the apartment industry come together to guide their future success. Not a member? Learn more about NMHC at www.nmhc.org

On a special Walker Webcast, Willy was joined by President & CEO of Real Estate Roundtable, Jeff DeBoer, and President of NMHC, Sharon Wilson Géno, who shared invaluable insights on the state of CRE. Jeff has been at the forefront of national policy affecting the real estate industry for the past thirty-five years, and Sharon has guided government entities around housing affordability, community development, and other policy challenges for more than 30 years. They discussed hot topics including the convergence of real estate and politics, the effect of the banking crisis on multifamily housing, the affordable housing crisis, and much more. GET NOTIFIED about upcoming shows: » Subscribe to our YouTube channel here: https://www.youtube.com/channel/UC5jhzGBWOTvQku2kLbucGcw » See upcoming guests on the #WalkerWebcast here: https://www.walkerdunlop.com/webcasts/ Listen to the replay! If you have any comments or questions, please reach out to your main Walker & Dunlop point of contact. We are all available to answer questions and provide assistance. Additionally, if you have topics you would like covered during one of our future webcasts, we would be happy to take your suggestions.

When zoning and housing laws allow, and the right market conditions exist, repurposing commercial properties into multifamily housing can be a win for owners, operators, communities, and tenants. Rick Pollack from RCLCO Fund Advisors joins host Alison Johnson to discuss the ins and outs of commercial conversion. Why it's succeeding across avariety of real estate markets. And how it can provide a critical source of housing where shortages persist. NMHC is the place where the leaders of the apartment industry come together to guide their future success. Not a member? Learn more about NMHC at www.nmhc.org Looking for more info on rent payment reporting? NMHC has you covered: https://www.nmhc.org/research-insight/research-report/behind-the-facade-the-feasibility-of-converting-commercial-real-estate-to-multifamily/

RailField Partners stands proudly in the multifamily space with a commitment to improve the communities in which their residents live and work. And their target residents are those seeking affordable “workforce housing.” RailField Managing Partner, Kenneth Bacon, and Chief Investment Officer, Jon Siegel join host Alison Johnson to discuss their time at Fannie Mae and how it guides the affordable housing business model today. NMHC is the place where the leaders of the apartment industry come together to guide their future success. Not a member? Learn more about NMHC at www.nmhc.org

The supply of housing in the United States has “never been more out of balance”—with the lack of affordable housing particularly acute—making long-term policy initiatives on the federal, state, and local level more important than ever, says Sharon Wilson Géno, president of the National Multifamily Housing Council (NMHC).Wilson Géno assumed the role of president from Doug Bibby in January, when he officially stepped down after more than 20 years of leading the organization.Speaking on the REIT Report, Wilson Géno said, “The bottom line is, the demand for more housing in this country is as far as the eye can see.”Research by NMHC and other organizations indicates that the U.S. housing stock is in a deficit of about 4 million units.Wilson Géno said new households have formed in the wake of the pandemic, “and that really put a significant strain on the housing supply that was available.” Sizeable rent increases also occurred into the first half of 2022, she noted.

Jordan Slone, Chairman and CEO of Harbor Group International, shares the secret sauce behind the company's $20 billion, diversified, but apartment-sector heavy portfolio. With 58,000 units of apartments, Harbor Group International came in 15th on last year's NMHC top fifty list of apartment owners.

Meet the National Multifamily Housing Council's new president, Sharon Wilson Géno. With more than three decades of housing law, policy and operations experience, Sharon is focused on advocating for the production of, and access to, more market rate and affordable housing. Hit play to hear a bright vision for the future of multifamily and what that could mean for solving America's affordable housing crisis. NMHC is the place where the leaders of the apartment industry come together to guide their future success. Not a member? Learn more about NMHC at www.nmhc.org

Over 10,000 real estate professionals came to Las Vegas last week. This is the BIG CONFERENCE for apartment buyers & sellers, lenders, equity providers, new apartment builders, commercial Realtors and lots of other folks that support the apartment industry. This meeting is not for the brand-new syndicators, this is the next level of apartment investors. We spoke with the major players in this dynamic industry. You want to know what they shared and how it WILL adjust your investing for 2023 and beyond. Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory LLC. Please leave us a 5 - STAR RATING on iTunes, if you enjoyed this podcast. We would appreciate that.

As multifamily industry leaders gather for the NMHC Conference in Las Vegas, the market remains in a tenuous state, with confidence in apartment fundamentals alongside uncertainty about the economy. Additionally, the Federal Reserve's recent 0.25% rate hike could point to a forthcoming taper and decrease in interest rates as the year progresses, but the Fed's actions will likely do little in the near term to resolve the financing and pricing challenges in the multifamily market. Sources discussed in this episode: Marcus & Millichap: “Housing Research Brief” - https://www.marcusmillichap.com/research/research-brief/2023/01/research-brief-january-housing Marcus & Millichap: “2023 U.S. Multifamily Investment Forecast” - https://drive.google.com/file/d/1ANgdyinHxEo7LwSxhWLpuNXPHx9GN_AI/view?usp=share_link The White House: “Fact Sheet: Biden-Harris Administration Announces New Actions to Protect Renters and Promote Rental Affordability” - https://www.whitehouse.gov/briefing-room/statements-releases/2023/01/25/fact-sheet-biden-harris-administration-announces-new-actions-to-protect-renters-and-promote-rental-affordability/ The White House: "Blueprint for a Renters Bill of Rights" - https://www.whitehouse.gov/wp-content/uploads/2023/01/White-House-Blueprint-for-a-Renters-Bill-of-Rights.pdf Jacobin: "Joe Biden's New Relief Plan for Renters Is Incredibly Weak" - https://jacobin.com/2023/01/joe-biden-renter-relief-plan-weakness-tenant-organizing-landlord-profits Apartment List: “National Rent Report, January 2023” - https://www.apartmentlist.com/research/national-rent-data For the latest multifamily news from across the internet, visit the Gray Report website: https://www.grayreport.com/ Sign up for our free multifamily newsletter here: https://www.graycapitalllc.com/newsletter/ DISCLAIMERS: This podcast does not constitute professional financial advice and is for educational/entertainment purposes only. This podcast is not an offer to invest.

Jim began his career as a ship builder and welder for the Nashville Bridge Company. He then joined the United States Air Force and was selected into an elite group of the USAF nicknamed the Walking Airforce aka “Global Survival Instructor” today known as SERE. After leaving the US Air Force, he entered retail. He was responsible for new store openings, hiring, departmental development, training and merchandising. Transitioning to a sales career, he was a regional sales manager responsible for a four state territory for a global concern. Later, he entered the automotive industry; starting in sales. After leading the sales team for 6 consecutive months was promoted to manager of finance and insurance. Quickly progressed to general sales manager which led to him becoming a general partner in automotive franchises representing Chrysler Plymouth Dodge and Lincoln Mercury. Mr. Biggs has held a professional license in real estate, licensed as an agent in the state of Florida's Department of Professional Regulation, presided as President of Chesterfield HOA, held an insurance license and a Series 6 Securities License with the Department of Professional Regulation in Illinois and is currently a Managing Broker for the State of Indiana. He is a member of the National Association of Realtors, belongs to the Illinois Rental Property Owners Association, National Real Estate Investors Association, Northern Indiana Creative Investors Association, Chicago Creative Investors Association, Chicago Real Estate Investor Networking Group, The National Multifamily Housing Council, NMHC, as well as several other community and professional associations. His newest venture is The GOB Network of Apartment Investors, an open source, democratized all inclusive platform for apartment investors to source deals, partners, capital. The platform also provides coaching, mentoring, teaching and access to partnerships as GP, KP, LP, JV and other creative deal structures. Get in touch with Jim: https://bit.ly/JimBiggs For informational purposes only. Always consult with professionals. This is not meant to be used as legal or tax advice or otherwise. Any projections, opinions, assumptions, or estimates used are for example only. All information should be independently verified and is subject to errors and omissions. Check out some of our other videos and listings: PreReal Podcast https://www.youtube.com/watch?v=pTgZYyrkRyU&list=PLbyMUN39hTNWUFWH-tprcR0sTOwdqCfuk PreReal™, Prendamano Real Estate of staten island, NY is a real estate marketing firm that is focused on lead generation for all its properties for sale. More leads equals bigger pockets in the end for everyone. If you are house hunting and looking for a house for sale don't hesitate to give us a call (718)200-7799. If you think it is time to sell your house, we can get you top dollar for your property. Visit us at www.prereal.com Follow us on: Facebook: https://www.facebook.com/PrendamanoRealEstate Instagram: @prerealpodcast @prerealestate TikTok: @prerealestate Twitter: @prerealestate #RealEstate #Tips #PreReal

Rent growth has been slowing down in step with the economy, but it's still running hotter than it was before the pandemic. And that's expected to encourage more jurisdictions to consider and or pass rent control legislation. Even Florida is turning towards rent control as an answer for high rents.   Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.   As Bisnow reports, rents remain “painfully high” for many Americans, despite slower rent growth for both single-family and multi-family rentals. (1) Year-over-year single-family rent growth hit a high of 13.9% in April of last year, but has been slowing down for the last five months. It's still in the double digits, but is now 10.2%. Florida metros have seen the highest SFR rent growth with Miami and Orlando at the top of that list. (2)   It's a similar situation for apartments but rent growth has come down further. Annual rent growth hit a record high of 17.6% in 2021. It's now down to 4.6% year-over-year, although that's still a healthy gain for landlords. (3)   Rent Growth vs. Wage Growth   Because rent growth has outpaced income, many households are finding it more difficult to pay their rent. According to the U.S. Census Bureau, more than 19 million renter households paid more than 30% of their income on housing from 2017 to 2021. That's defined as “cost-burdened” by the Department of Housing and Urban Development.    Housing costs vary from market to market, but the National Multifamily Housing Council, which advocates “against” rent control, has identified a number of markets that could become rent control battlegrounds in the coming year. These markets are identified in the NMHC's 2023 Rent Control Outlook report. (4)   Four Rent Control Risk Levels   The report separates the potential for rent control activity into four categories. Tier one includes states where “active state or local legislation action is expected.” Those states include: Colorado, Illinois, Florida (which has been notoriously opposed to rent control), Maryland Massachusetts, Nevada, and Washington State.   Tier two includes states where the potential for state or local legislative activity is “elevated.” Those states include Connecticut, Hawaii, Michigan, New Mexico, and Rhode Island. Tier three includes states where rent control activity is expected, but will probably not get approved. Those states include Arizona, Kentucky, North Carolina, Pennsylvania, and South Carolina. The last category is where rent control expansion is an ongoing threat. California and New York are among those states, of course, along with Maine, Minnesota, New Jersey, and Oregon.   Rent Control Minefield for Investors   Rent control can be a minefield for investors, especially if they purchased a property under one set of rules, and then the rules change. It costs money to run a rental business, and when rents are controlled, rent revenues suffer. Investors may be less likely to put money into rentals, which could impact repairs on existing rentals and/or reduce the overall supply and make it harder for renters to find housing.   A cap on rents could also reduce the value of the property. Bisnow cites a study published in October by Duke Financial Economics Center. It found that property values declined 6% in St. Paul, Minnesota during the first three months after rent control was implemented last year. That's for all rental and non-rental properties. For rental properties alone, values were down an additional 6% to a total of 12% due to lower future rents. The report says that lost property value essentially transferred that value from the owners to the renters.   White House Silent on Presidential Executive Order   While the NMHC anticipates activity at the local and state levels, some rent control advocates are floating the idea of an executive order by President Joe Biden that would impose some sort of rent control. So far, the White House has been silent on that matter. It did enact a housing plan in May that would “ease the burden of housing costs” but that plan did not include rent control. It just offered general policy proposals that include zoning reforms, new kinds of financing, and federal dollars for affordable housing.   As what might be seen as a follow-up to this, a coalition of more than 2,500 nonprofits and public agencies wrote a letter to Congress asking for affordable housing legislation. The letter is addressed as a “Call to Invest in Our Neighborhoods” or ACTION. Specific requests in the letter call for a 50% expansion of the Low-Income Housing Tax Credit  and a lower Private Activity Bond financing threshold of 25%. It is currently at 50%.   According to a Realtor.com survey, 70% of landlords said in October that they plan to raise their rents over the next year. That is down from about 72% last spring.   You'll find links to the reports I mentioned in the show notes at newsforinvestors.com. You can also join RealWealth for free while you are there for access to all our real estate news, educational material, and data on individual markets. Please remember to subscribe to our podcast and leave a review!   Thanks for listening!   LInks:   1 - https://www.bisnow.com/national/news/multifamily/as-rents-spiked-this-year-so-did-the-push-for-rent-control-116806   2 - https://www.corelogic.com/intelligence/corelogicannual-single-family-rent-growth-decelerates-for-fifth-consecutive-month-and-seasonal-patterns-return/   3 - https://www.apartmentlist.com/research/national-rent-data   4 - https://www.nmhc.org/news/nmhc-news/2022/2023-rent-control-outlook/

Code 53 tackles rent control and asks why a failed policy proven to reduce housing supply and negatively impact the low-income households it aims to support, continues to proliferate in state houses and city halls across the country. NMHC's Vice President of Advocacy and Strategic Communications, Jim Lapides, joins hosts Alison Johnson and Kevin Cameron for a vital discussion about rent control and how we got here.

In today's episode we discuss growing concerns with housing affordability as rents and home prices have skyrocketed over the past two years. Are we in a housing shortage? How many apartment units will need to be built over the next 15 years to meet future demand? We are joined by NMHC's Senior Director of Research Chris Bruen, as he shares recent data from a number of studies the NMHC has done with the NAHB and other leading industry organizations.

There are THREE Student Housing Conferences in the month of September!  After all, September is the time when the student housing clocks get reset which makes it a great time to network, reflect, discuss, and make some changes. In this episode, Wes dissects the 3 conferences and interviews 2 of the organizers to review what's on the agendas and what attendees can expect at each one. Interviews include Kara Breazeale of Bisnow, and Matthew Berger and Dave Borsos of NMHC. This episode is sponsored by Qira.  Check them out at https://www.studenthousinginsight.com/qira Chapters: 00:00 - Qira 03:29 - Intro & Turn Stories 09:18 - Interview w/ Bisnow's Kara Breazeale 17:20 - Canadian Student Housing Conference 20:12 - Interview w/ NMHC's Matthew Berger and Dave Borsos Links mentioned in this episode: Bisnow's Student Housing & University Development Conference ***Enter Discount Code INSIGHT for 20% off*** North American Investment for Student Housing Conference NMHC's Annual Student Housing Conference    

In episode 4 of Code 53, co-hosts Alison Johnson and Kevin Cameron sit down with Doug Bibby, president of the National Multifamily Housing Council. Doug discusses the qualities of a leader, the unique challenges of his position, and growth of Multifamily over the course of his 21 years leading NMHC and the industry.

The second episode of NMHC's Code 53 podcast breaks down what it takes to pitch to a multifamily investment committee. Field Stern of Redwood Capital Group and Rishi Gupta of Eagle Rock Advisors, LLC discuss how they reimagined NMHC's Emerging Leaders Young Guns Pitch Competition, Laurie Baker, COO, Camden talks about what she looks for in a great pitch, and Clayton Williams, VP, Finance, Carter Haston reveals how he won over the mock investment committee.

A special WalkerWebcast comes your way as big powerhouses come to share a wealth of experience and industry insights combined in the National Multifamily Housing Council (NMHC) Conference! Join this conversation with friends, former chairpersons and incredibly successful entrepreneurs and leaders in the multifamily industry: > Doug Bibby, President of NMHC > Daryl J Carter Founder, Chairman, and CEO of Avanath Capital Management, LLC, a California-based investment firm that specializes in affordable and workforce communities > David Schwartz, CEO, Chairman, and Co-Founder of Waterton, a real estate investment and property management company specializing in multifamily, senior living, and hospitality > Susan Ansel, President and CEO of Gables Residential, a private REIT focused on development, acquisition, and management of multifamily communities Willy Walker engages these industry greats as they share their reflections on NMHC. As a national organization with more than 1,700 members that has been promoting and advocating for the multifamily industry since 2001. Doug Bibby shares that his sole cause in his successful run of the NMHC was putting people in homes. "That was always a motivator for me. We're putting a roof over people's heads, we're not polluting the environment, and we're not doing bad things. We're actually helping people achieve their dreams." Willie asks Doug to share how he took the rest of his executive team and turned Fannie Mae from being a huge liability to the taxpayers, becoming one of the truly great corporations in America. "We have reinvented what was essentially a government bureaucracy, with 20% of the employees who were civil servants, and there was one product line. It was a 30-year fixed-rate mortgage. There were no arms, no multifamily, no embassy. And we were able to reinvent everything." He brought his 16-year experience and excitement to his role at NMHC. Daryl Carter acknowledges the values that Doug had that were instrumental in positively shaping the industry, one in which to accommodate more institutional capital. Starting Waterton in 1995 shows a big difference in scale level and the types of funds they're raising with the whole process transforming materially. Sue Ansel attributes her involvement with NMHC as very helpful to her growth. As CEO of a major real estate corporation and chairwoman of NHMC, the experience of picking the brains of impactful executives in other large organizations affects her own leadership. "Those are some of the really unique opportunities that we get in these roles and a huge chance of a lifetime." David Schwartz enumerates the highlights of being NMHC chairman growing in servant leadership, emotional intelligence, authenticity, and trust. He covers how being underbuilt as an industry puts us behind for over a decade that we're just not building enough housing, resulting in this rent inflation. Daryl Carter is all praises for the culture that has been built at NMHC. There may have been "a lot of work, but also a lot of joy". One of the interesting things is the relationships between the people who work like brothers and sisters, serve in the industry and fight for the common goal of house affordability. As chairman, he cites the advancement in prioritizing inclusion in the industry and seeing talent and opportunity in all shapes and forms. "I think we've made a lot of progress, but we have a long way to go, but we're moving there. You have to be an optimist in this business." Tune in to this new episode of the Walker Webcast — Expert Insights on NMHC and the Multifamily Industry. GET NOTIFIED about upcoming shows: » Subscribe to our YouTube channel here: https://www.youtube.com/channel/UC5jhzGBWOTvQku2kLbucGcw » See upcoming guests on the #WalkerWebcast here: https://www.walkerdunlop.com/webcasts/

A conversation with multifamily industry legend, Doug Bibby, President of the National Multifamily Housing Council (NMHC) and also joining us is a great multifamily industry leader, David Schwartz, CEO, Chairman and Co-Founder of Waterton, who also serves as the current Chair of the National Multifamily Housing Council (NMHC)…discussing the NMHC’s outlook for the multifamily industry for 2021 and beyond. Show Guests: Doug Bibby – President of the National Multifamily Housing Council (NMHC) David Schwartz – CEO, Chairman and Co-Founder of Waterton, and the Chair of the National Multifamily Housing Council (NMHC) Host and Producer: Paul Marks, CAS Tape Date: January 12, 2021 Air Date : January 16, 2021 Rebroadcast Date : June 26, 2021See omnystudio.com/listener for privacy information.

A conversation with Sarah Yaussi – Vice President for Industry Communications with NMHC, Caitlin Sugrue Walter – Vice President of Research with NMHC and Colin Dunn – Director of Advocacy and Policy with NMHC.…discussing the current initiatives that NMHC is working on. Show Guests: Sarah Yaussi – Vice President for Industry Communications – NMHC Caitlin Sugrue Walter – Vice President of Research – NMHC Colin Dunn – Director of Advocacy and Policy – NMHC Host and Producer: Paul Marks, CAS Tape Date: October 9, 2018 Air Date : October 12, 2018See omnystudio.com/listener for privacy information.

A conversation with multifamily industry legend, Doug Bibby, President of the National Multifamily Housing Council (NMHC) and also joining us is a great multifamily industry leader, David Schwartz, CEO, Chairman and Co-Founder of Waterton, who also serves as the current Chair of the National Multifamily Housing Council (NMHC)…discussing the NMHC’s outlook for the multifamily industry for 2021 and beyond. Show Guests: Doug Bibby – President of the National Multifamily Housing Council (NMHC) David Schwartz – CEO, Chairman and Co-Founder of Waterton, and the Chair of the National Multifamily Housing Council (NMHC) Host and Producer: Paul Marks, CAS Tape Date: January 12, 2021 Air Date : January 16, 2021See omnystudio.com/listener for privacy information.

Over 7000 multifamily professionals attended the annual conference in Orlando. This is a HUGE gathering of apartment buyers and sellers, apartment brokers, lenders, equity providers, apartment developers and apartment economists. It really is the preeminent NETWORKING opportunity in multifamily. Where are interest rates headed? What city has the best upside for apartment buyers? How long does this “bull market” in apartment investing last? This is a conversation that you don't want to miss. Join NMHC to attend the 2023 NMHC Annual Meeting: https://www.nmhc.org/membership/ Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker's Real Estate Syndication business with SPI Advisory LLC.

In this episode, Adam Yarber from Campus Advantage hosts a special live podcast at NMHC's Student Housing Conference.  The Topic?  Reputation Management!  Adam sits down with Lindsay Brown (SVP of Leasing & Marketing at Campus Advantage), Ryan Hand (VP of Business Development at CA Ventures), Camille Dameron and Tori Sypert (both are Solutions Account Managers at Realpage) to have an honest conversation about what all has to be considered in structuring a reputation management strategy for student housing communities. Then, Wes sits down with Rich Kelley from France Media to discuss what's on tap for the upcoming LeaseCon/TurnCon conference in Dallas on December 15th. This episode is sponsored by Vector Travel.  If you want to learn more about how to turn your completely vacant units into short term rentals, go to https://www.vectorstays.com/SHI For more information on LeaseCon/TurnCon, Click Here

In our latest quarterly podcast with the National Multifamily Housing Council (NMHC), MHN Senior Editor Holly Dutton spoke with the organization's student housing leads—Dave Borsos and Matthew Berger—who elaborated on the current state of the industry, including trends, challenges, and takeaways from NMHC's annual student housing conference last month. Here's a sample of the topics discussed: State of the industry (0:47) How the sales market has fared (4:07) Takeaways from NMHC's student housing conference (9:05) The latest trends in amenities (13:22) Is student housing still recession-proof? (16:25)

Elizabeth Francisco sits down with Alison Johnson, Associate VP of Content and Program Strategy, and Marcie Williams, President of RKW Residential, to discuss in-person events in the workplace. Together they will give insight into the importance of peer-to-peer interactions, the changing climate in multifamily events, and NMHC's role in bringing operators together again. About ResMan: ResMan delivers the property management industry's most innovative technology platform, making property investments and operations more profitable and easier to manage. ResMan's platform unlocks a new path to growth for property management companies that deliver consistent NOI improvement and brilliant resident experiences easier than ever before. To learn more about our platform, visit https://learn.myresman.com/proptalk/.About NMHC: Based in Washington, DC, the National Multifamily Housing Council (NMHC) is the leadership of the trillion-dollar apartment industry. They bring together the prominent owners, managers and developers who help create thriving communities by providing apartment homes for 35 million Americans. NMHC provides a forum for insight, advocacy and action that enables both members and the communities they help build to thrive. To learn more about NMHC, visit https://www.nmhc.org/about/.About RKW Residential: RKW Residential focuses on improving living environments for our residents and enhancing property values for owners, investors and residents through our spectrum of real estate operations. To learn more about RKW Residential, visit https://www.rkwresidential.com/

There was an affordable housing crisis before Covid impacted our lives and that crisis has since worsened for many reasons. Let's dig deep into this critical issue and what are the solutions we can bring to this crisis as a nation?Douglas M. Bibby is President of the National Multifamily Housing Council (NMHC), a national organization of more than 1,100 member firms involved in the multifamily housing industry.  Under his leadership NMHC represents the industry on Capitol Hill and before the regulatory agencies, promotes research and the exchange of information, and advocates for rental housing across a broad spectrum of issues. Apply to Attend ----  ELITE MASTERMIND   |   PROSPERITY & LEGACY WEALTHBuy BUILDING AN ELITE ORGANIZATION - Don's bestselling book on scaling a high-profit businessCheck out THE ELITE JOURNAL - Accomplish more in 90 days than most do in a year! Follow Don on social:https://www.facebook.com/DonWennerCEOhttps://www.instagram.com/don_wenner/https://www.youtube.com/c/donwenner

In this episode we catch up with Dave Borsos and Matthew Berger at NMHC to discuss what's on tap with this year's Student Housing Conference.  We also tease new conference that SHI is partnering up with Student Housing Business to deliver in December. This episode is sponsored by Vector Travel.  Talk with them today to learn how to turn your vacancy into short term rental income.  Go to www.VectorStays.com/SHI for more info and a special discount! For questions or comments about this episode or SHI in general, email us at contact@StudentHousingInsight.com  

Kimble Ratliff is Vice President of Government Affairs for NMHC. He is responsible for a variety of housing policy and finance-related issues including the reform of Fannie Mae and Freddie Mac, HUD's multifamily and affordable housing programs, appropriations, and immigration reform. He joined NMHC from the Committee on Financial Services in Congress where he was a member of the Housing Subcommittee professional staff during the financial crisis and consideration of Dodd-Frank. He previously worked for a Dallas-based private equity firm and for A.I.G. in their Global Investments Group. Kimble holds a BA in Public Policy from Southern Methodist University and a Masters in Real Estate Finance from Georgetown University.

NMHC's Paula Cino discusses the latest eviction moratorium extension, whether more rent relief will be needed nationwide, and how soaring construction costs have impacted multifamily development.

Cindy Chetti, Senior Vice President for Government Affairs with the National Multi Housing Council, gives us an inside look on upcoming policy changes and how they might impact the multifamily industry. National Multifamily Housing CouncilNMHC is the place where the leaders of the apartment industry come together to guide their future success. With the industry's most prominent and creative leaders at the helm, NMHC provides a forum for insight, advocacy and action that enable both members and the communities they build to thrive. Links Learn more about NMHC, click herehttps://www.linkedin.com/in/cindy-chetti-28541a91/https://www.linkedin.com/company/national-multifamily-housing-council/mycompany/https://www.nmhc.org/

In this next episode, Mordecai interviews Abe Spira, one of Greystone's top Originators on his unique approach to origination, building client relationships, and how he was able to have 80 meetings at one NMHC conference.Timestamps:1:14 – 10:28: First Sales Experiences10:28 – 15:59: Cold Calls and Developing Relationships with Clients15:59 – 25:32: Transitioning from Residential Business to Commercial Business25:32 – 37:54: Partnership and Making Connections37:54 – 48:44: Lightbulb Moments, Success, and Self-Confidence48:44 – 52:01: Leaving an Impression and Differentiating Yourself from the Competition52:01 – 1:05:47: The Current Market, Client Behavior, COVID's influence, and the Importance of Building Relationships with Customers

Cash investor v. the first time homebuyer...when will it become equal? It all depends. Invitation Homes owns over 80,000 homes in the US By 2017, two major players, Invitation Homes and American Homes 4 Rent, controlled nearly 60% of the rsingle family ental housing market. As of 2018, Invitation Homes (majority controlled by the Blackstone Group - investment group) appears to be the largest single-family rental housing owner. after recent mergers (Invitation Homes Inc. and Starwood Waypoint Homes completed their $11 billion merger, creating the largest single-family rental landlord in the U.S.) with 82,000 properties. Its next largest competitor American Homes 4 Rent (As of December 31, 2020, the company) owned 53,584, homes. American Homes 4 Rent is a real estate investment trust based in Calabasas, California that invests in single-family rental homes. Cerberus created FirstKey Homes (owns more than 20,000 homes); and GI Partners owns over 15,000 multifamily and single family residential real estate units. On calls with investors, those two companies touted their cost-cutting measures, which often involved pushing responsibilities onto tenants. In 2016, Jack Corrigan, the chief operating officer of American Homes 4 Rent, told investors that the company hoped to reduce spending on repairs, maintenance, and “turn costs” Interesting side notes: NMHC 50 Largest Apartment Owners own approximately 2.3 million housing units and most are hedge funds. Sources: Various internet searches, including but not limited to: https://www.gipartners.com/real-estate/demographically-advantaged https://www.housingwire.com/articles/40970-invitation-homes-starwood-waypoint-homes-to-merge-create-nations-largest-single-family-landlord/ http://americanhomes2020rd.q4web.com/press-releases/news-details/2021/American-Homes-4-Rent-to-Build-279-Home-Pine-Grove-Community-in-St.-Cloud-Florida/default.aspx Redfin Now in 22 states - all cash offers More Americans are selling their homes online to real-estate companies like Zillow, who make an offer in 2 days and can close in a week Update 5-31-2021: Fast-cash house flippers flood poor neighborhoods in U.S.

Mr. Schwartz co-founded Waterton Associates, and as CEO, he works with the senior leadership team to set the strategic direction of the company and its investment programs, lead the Leadership Committee, Investment Committee, and assist the team in investments and fundraising. David is a member of the executive committee, a senior officer, and serves as Chairman of the National Multi-Housing Council (NMHC); he is also a member of the Urban Land Institute (ULI) and the Pension Real Estate Association (PREA). Before founding Waterton in 1995, David was vice president of acquisitions for Equity Residential Properties Trust (EQR-NYSE) and from 1985 to 1989 worked with AMLI Realty Co.   Listen in as Realty Mogul's CEO, Jilliene Helman, and David Schwartz discuss what Waterton Associates are doing to stay connected to other team members during the COVID-19 quarantine and how they are managing to achieve the best possible outcomes regarding multi-family. He shares the latest news on how he's helping to shape politics through the NMHC, outlines the current initiatives they are working on, and how much of his role at the NMHC is around educating Congress on real estate concerns. David also discusses how this recession compares to previous ones and what can we learn from the past despite the lack of a playbook for the current times   “2022 is going to be a robust recovery - get through to 2022 because there is going to be a pretty strong U shape recovery when this pandemic is over.” - David Schwartz   This week on The Reality Mogul Podcast: David's professional mentors and how he got started in the real estate business The Waterton way and how it shapes company culture Why David prioritizes giving back to the community via his company How the COVID-19 pandemic impacts on the real estate industry How the Cares Act functions as a critical facet to keeping people in their homes The availability of emergency rent relief vouchers and whether David thinks we will see them extended in the next stimulus package The eviction moratorium and David's predictions on the possibility of an extension at a federal level David's opinion on the best way to prevent mass evictions and how the proposed alternatives would work Predictions on how the economic recovery will play out What's next for David personally and professionally   Connect with David Schwartz: Waterton Associates website David Schwartz on LinkedIn Waterton Associates on Facebook Waterton Associates on Instagram Waterton Associates on Twitter   Connect with Realty Mogul: Realty Mogul Website Realty Mogul on LinkedIn Realty Mogul on Instagram Realty Mogul on Facebook Realty Mogul on Twitter          

The National Multifamily Housing Council (NMHC) is a membership organization that represents large apartment owners nationwide. NMHC is actively involved in forming national housing policy and shaping the legislation and regulations that affect the industry as well as research offering insights into apartment trends. This week we welcome Director of Research, Chris Bruen, and research associate, Claire Gray, as we discuss trends apartment owners are watching carefully as we head into a new administration and a new year. 00:00​ The Data Driven Real Estate Podcast Welcomes Chris Bruen and Claire Gray from the National Multifamily Housing Council‍00:56​ What is the number one data trend apartment owners should watch for in 2021?‍01:50​ Who is the National Multifamily Housing Council?‍04:13​ How do you define an apartment?‍08:16​ What reports does the NMHC produce? ‍11:40​ What are the insights they are seeing in different markets‍12:58​ What percentage of apartment rents are being paid in 2021?‍14:11​ How do apartment owners feel about 2021?‍19:47​ Will apartment construction increase in 2021?‍23:45​ Demographic and tenant trends in the apartment space‍35:43​ Conversion of malls to apartments?‍38:39​ Is migration impacting the apartment sector?‍52:19​ What research is NMHC producing in 2021‍55:56​ Technology trends in the apartment space

National Multifamily Housing Council President Doug Bibby, who has led the influential industry organization for the last two decades, looks back on the unprecedented events of 2020 and how they impacted the multifamily sector. In conversation with MHN Senior Associate Editor Holly Dutton, Bibby talks about why he decided to postpone his planned exit from the organization this year, the latest efforts in the push for federal rent relief, where things stand with rent collections and the worries over growing renter debt, and why he's optimistic about multifamily's future.

Today is another AMA episode (Ask Me Anything). Ryan in Los Angeles asks: “I'm astounded by your prolific podcasting and breadth of knowledge. You seem to be inside my head in that whenever I think of a question to ask, I usually find the answer by listening to earlier episodes of your podcast. Please keep up the amazing work. Where do you go to or what do you use to curate your summary of daily or weekly news sources you read to stay abreast of your real estate and related economic news? I find myself being overwhelmed by having to pick certain sites (e.g., REIS, NMHC, John Burns Consulting, Marcus & Millichap, etc.) to read each week.” This is a great question. Developing content for the show is an intentional process that consists of a balance of topics of different types. As much as possible, I would like the content to be evergreen, that is to say, timeless. Some episodes are precisely that, a timeless piece of content on a particular topic. For example, if you search back through the archives. There is an episode on water rights. That’s an example of evergreen content. Some topics are tie into something that is trending in the news. For example, there will usually be an updated economic outlook once a quarter, or an interest rate adjustment. But this year, things have been changing so rapidly, that once a quarter isn’t enough. The impacts are being felt fast and furious. I try to cycle through the major segments in the industry including residential, multi-family apartments, retail, hospitality, office and industrial. To answer your question specifically, I have a number of sources that I refer to regularly to when I’m researching topics. The major brokerage houses have research departments. I read those reports and often use them as a launch pad for deeper research. I also look at the reports from the research wings of Fannie Mae and Freddie Mac. The folks at Fannie Mae under chief economist Dr. Doug Duncan do some of the best research in the business. I pay attention to what some of the most tenant friendly politicians are saying. For example I regularly receive press releases from certain elected officials at the Federal and State level. They often put out a press release when they table draft legislation. I follow the work of Dr. Chris Martenson, Dr. John Campbell, Simon Black, David Stockman, Jim Grant the author of Grant’s Interest Rate Observer. I follow John Mauldin. He’s an economist who is one of the best connected guys in the business. He has central bankers on speed dial on his phone. I speak with other investors. I speak with Robert Kiyosaki, Russell Gray, Robert Helms, Brien Lundin, folks who are specialists in their specific area. I also mine Business Insider, the Wall Street Journal, Apartments.com, the Financial Times, the Globe and Mail, the National Association of Realtors. What I’ve shared is a subset of a long list of regular sources. But when I find a story that I think will be interesting, I’m not merely retelling the story from a newspaper. I will go to the original sources and construct a completely new perspective on the story based on my own observation. For example, the story on yesterday’s show was about a landlord defending a discrimination complaint in New Jersey. It was reported in a local Northern New Jersey publication. I went to the 10 page transcript of the settlement ruling from the New Jersey Attorney General’s office in order to make sense of the story. If the source of the story is in a fringe publication, I will look and see if the story has made it into some of the more mainstream publications. I don’t want to be seen as part of the lunatic fringe. There are some days when I’ve completed the research and the summary for an episode and I decide against publication. Those are difficult decisions. Thank you Ryan for a great question.

Mike Bush Bio Mike Bush currently is an Adjunct Professor Urban Development for the Masters in Real Estate Program at Georgetown University School of Continuing Studies and founder of Project REAP. During his 20-year tenure as Vice President Real Estate for Giant Food, they opened or replaced 60 stores and expanded dozens more in one of the country's most competitive trade areas. He directed market research, promotions to developers and municipalities, feasibility analysis, site selection, leasing and acquisitions, entitlement, and capex approval. He developed Giant's first successful mixed-use unit with structured parking, and personally led successful campaigns to persuade citizen groups, elected officials, and staff to modify zoning to accommodate Giant stores. Bush created the Retail Development course for the Georgetown Master's program in 2011, and has taught in the Master's programs at Johns Hopkins and University of Maryland as well. He is active in ICSC, most recently leading a Roundtable at the University of Shopping Centers. He serves on the membership committee of the DC Building Industry Association, with special attention to its operating committees serving professionals in environmental regulation, retail, construction, affordable housing, and capital markets. He founded and developed the property management curriculum for Project REAP – the Real Estate Associate Program – now operated nationwide by a consortium of ICSC, ULI, NAIOP, BOMA, and NMHC. Bush began his career as a corporate lawyer specializing in real estate, banking, and finance. He went to law school at Harvard (LL.B. 1968) and to college at Stanford (B.A. 1965), where he graduated Phi Beta Kappa with Honors in Humanities. In 2012 Bush launched Long Lead, a career planning service, in response to students and practitioners asking him how to choose or change careers. Show Notes Mike Bush formed Project REAP in 1997 to bring minority people into the real estate industry while he was at Giant Food. He reached out to landlords to find out why they had not hired minorities. (6:15)Raised by parents that had a community orientation that planted the seed in his mind (8:30)Weekend project to recruit and educate minority young people while at Giant (9:40) Origins Grew up in Phoenix, AZ with parents who were active in the Jewish community (10:20)Father was a shoe store owner (11:20)Stock boy for his Father and then worked in a department store in sales (12:15)Selling shoes was an “interesting profession” (13:30)Public High School- Lived on North Side of Phoenix (14:00)Bookworm in HS because he had difficulty with athletics (14:55) Education Attended Stanford University (15:25)Wanted to be on the Crew teamCrew distracted him from his academics (16:00)Card sections at football games (16:25)Story about a prank the Cal students tried to impose on Stanford football players (17:45)“Dry” campus- Story about drinking beer (19:10)Initially interested in medicine (19:40)Story about a frog experiment (20:30)

Mike Bush Bio Mike Bush currently is an Adjunct Professor Urban Development for the Masters in Real Estate Program at Georgetown University School of Continuing Studies and founder of Project REAP. During his 20-year tenure as Vice President Real Estate for Giant Food, they opened or replaced 60 stores and expanded dozens more in one of the country’s most competitive trade areas. He directed market research, promotions to developers and municipalities, feasibility analysis, site selection, leasing and acquisitions, entitlement, and capex approval. He developed Giant’s first successful mixed-use unit with structured parking, and personally led successful campaigns to persuade citizen groups, elected officials, and staff to modify zoning to accommodate Giant stores. Bush created the Retail Development course for the Georgetown Master’s program in 2011, and has taught in the Master’s programs at Johns Hopkins and University of Maryland as well. He is active in ICSC, most recently leading a Roundtable at the University of Shopping Centers. He serves on the membership committee of the DC Building Industry Association, with special attention to its operating committees serving professionals in environmental regulation, retail, construction, affordable housing, and capital markets. He founded and developed the property management curriculum for Project REAP – the Real Estate Associate Program – now operated nationwide by a consortium of ICSC, ULI, NAIOP, BOMA, and NMHC. Bush began his career as a corporate lawyer specializing in real estate, banking, and finance. He went to law school at Harvard (LL.B. 1968) and to college at Stanford (B.A. 1965), where he graduated Phi Beta Kappa with Honors in Humanities. In 2012 Bush launched Long Lead, a career planning service, in response to students and practitioners asking him how to choose or change careers. Show Notes Mike Bush formed Project REAP in 1997 to bring minority people into the real estate industry while he was at Giant Food. He reached out to landlords to find out why they had not hired minorities. (6:15)Raised by parents that had a community orientation that planted the seed in his mind (8:30)Weekend project to recruit and educate minority young people while at Giant (9:40) Origins Grew up in Phoenix, AZ with parents who were active in the Jewish community (10:20)Father was a shoe store owner (11:20)Stock boy for his Father and then worked in a department store in sales (12:15)Selling shoes was an “interesting profession” (13:30)Public High School- Lived on North Side of Phoenix (14:00)Bookworm in HS because he had difficulty with athletics (14:55) Education Attended Stanford University (15:25)Wanted to be on the Crew teamCrew distracted him from his academics (16:00)Card sections at football games (16:25)Story about a prank the Cal students tried to impose on Stanford football players (17:45)“Dry” campus- Story about drinking beer (19:10)Initially interested in medicine (19:40)Story about a frog experiment (20:30)

For many, buying a property with non-paying tenants or squatters residing there would be a red flag. I see such a situation as a huge opportunity to negotiate a great deal. Landlords that have non paying tenants are most often in deep financial trouble if they have a loan payment to make every month.  This is because most landlords only see a few hundred dollars of profit per unit because the rest goes to the bank. Non-paying tenants mean that the owner needs to make those mortgage payments even though the tenant is not paying.  Although some landlords can handle this financial burden, most can’t for very long. Statistically speaking, 24% of multifamily tenants have not paid their rent in full as of Sept 6th, 2020 as compared to only 18.8% in September 2019 according to NMHC.org (National Multifamily Housing Council.  That tells me that there’s a good chance the landlord either has or will have non paying tenants in the near future.  Now is the time to get the attention of these landlords. How do you find these sellers?  The same way you would find motivated sellers for any other reason, we target market them. Direct Mail Paid Social Media Ads Billboards Bandit signs Print Ads in Newspapers Advertise in Trade magazines that target Property Managers and Landlords NARPM.org National Association of Residential Property Managers On the first contact, don’t be surprised if the seller is resistant to share their financial woes with you.  I would imagine that most landlords would be somewhat offended if you called them out of the blue and asked if they had non paying tenants.  Instead, attract them with a targeted marketing message. As a buyer, you can help them in several ways.  Motivated sellers in financial crisis are proven to be far more receptive to creative options as compared to unmotivated sellers.  If the most pressing problem is non-payment of rent, the owner might feel helpless due to recent moratoriums on eviction.  The good news is as a real estate problem solver, you can step in and help.   Why should you buy these problems? You can analyze the deal upfront and allow for reduced or no income for 6 months to a year.  That means setting aside an amount equal to the non collected rents to cover expenses that will occur once the property is yours.  These amounts can be taken from any equity due to the seller.  You can also raise this money from your funding partners in advance of the purchase. Structured properly you will be able to create incredibly profitable deals for you and your partners/investors while helping a seller avoid further pain and torture. Negotiating terms will be easy (if you let it be) because the sellers will be incredibly motivated with unpaid expenses hanging over their heads. The current eviction ban crisis shifts the market from being a seller’s market to a buyer’s market pretty much overnight if the property you want is occupied by a non-paying tenant.   Here are the facts you will have to share with the Seller. The tenants are not required to pay a penny for the rest of 2020, and that date could be extended even farther.  Any unpaid rent and late fees do accrue which means they must be paid at some point in the future. When evictions ARE allowed, imagine the backlog that is forming and building every minute of the day, it could take a very long time to get your case heard. If the tenants are paying now, there is no guarantee that will continue, job losses will continue. Our elected officials cannot agree on the stimulus or unemployment extensions, don’t be shocked when nothing happens until at least November on that front. If rent isn’t coming in, it will be even harder to keep up with maintenance because of a lack of available funds. The situation gets worse every month and likely will not improve until 2021 or later. Face facts, squatters aren’t known for keeping their homes in great shape, expect renovations to be required once you finally have a chance to evict them. At a minimum, trash outs will be necessary which can cost several thousands of dollars in some cases. COVID 19 is still a thing, which means people will expect the home they rent to be super clean, if not they will likely pass, which means increased vacancy. Seller’s can’t really claim rent increases are possible based on current affairs and our financial crisis looming. The lofty projections of many apartment syndicators will prove to be inaccurate causing investor concerns and in some cases, operators might be replaced.  This could mean that apartment deals may reenter the marketplace. Tune in to this week’s episode to get the details on how you can structure awesome deals in situations of non paying tenants.  

In this episode, we sit down the folks from Interface and NMHC to discuss their upcoming virtual conference and we discuss what the national eviction moratorium means for everybody.  To register for the NMHC/Interface Student Housing Conference go to: https://interfaceconferencegroup.com/event/nmhc-interface-student-housing-2020/   This episode Is sponsored by Carter-Young, Inc.   To join the SHI Community, go to www.StudentHousingInsight.com 

Our featured guest this week is the PAC Director for the National Multifamily Housing Council, Kevin Cameron. NMHC is a long-time NABPAC member and the place where the leaders of the apartment industry come together for insight, advocacy and action. And in the time of COVID-19 -- this industry -- is on the front lines for safety and security for American families living in apartments. Kevin shares his experience about how the NMHC PAC is functioning right now and what they’re doing and not doing during the crisis.

As we enter the second month of the Covid-19 lockdown, Matt met with longtime industry colleague and friend Doug Bibby, President of the National Multifamily Housing Council (NMHC), the leading trade association for the apartment industry. In addition to discussing the implications of the national crisis on the multifamily housing, Matt and Doug unwrap the significant evolution of the apartment industry over the past two decades. The conversation with Doug provides prior context of the multifamily housing industry, shares resources and strategies that the industry is implementing during the crisis including NMHC's Rent Tracker, and the industry's continued agenda around affordable housing, fighting NIMBYism, rent control, and overall housing supply.The National Multifamily Housing Council (NMHC) is a national organization of more than 1,400 member firms involved in the nearly $2 trillion multifamily housing industry. Under Doug's leadership NMHC represents the industry on Capitol Hill and before the regulatory agencies, promotes research and the exchange of information, and advocates for rental housing across a broad spectrum of issues. Prior to joining NMHC, Doug spent 16 years as a senior officer of Fannie Mae, where he served on the company's Management Committee throughout his tenure. He was part of the top management team that is credited with the remarkable turnaround at Fannie Mae in the book Good to Great.Doug began his career with the worldwide communications firm J. Walter Thompson where he served a variety of clients both domestically and internationally over his 12-year career with the company. At the time of his departure from J. Walter Thompson, he was Senior Vice President and General Manager of the firm's Washington, D.C. operations. He has been active in the non-profit community of Washington, D.C. for the past 30 years.Doug graduated from Denison University with a B.A. degree and was honored with the university's Alumni Citation Award in 2004. He also holds a Masters of Business Administration degree from the University of Texas at Austin.

We’re one week into the month of April. Landlords across the globe have been bracing themselves for a fall in rent collections in April. After talking with a number of investors over the past several days, some preliminary numbers are coming in. I spoke with a landlord in Texas who owns about 3,000 units. Their portfolio contains a mix of both B-class and C-class properties. Overall, collections are running between 75%-78% of potential after the first week of April. The numbers are definitely down compared with a month ago. In a normal month, collections would be well into the 80’s and in many cases approaching 90% after the end of the first week of each month. There is a small difference in collection between B-class and C-class. The numbers are slightly better in the B-class properties. Management has spoken with every family. They’re seeing a large number of new leases being signed, even in this environment. Some markets like Houston and San Antonio have a high annual turnover rate. The landlords I spoke with are seeing higher than expected tenant retention. That means, tenants that had previously given 60 days notice to vacate have changed their mind and signed a new lease. The National Multifamily Housing Council (NMHC) found a 12-percentage point decrease in the share of apartment households that paid rent through April 5, in the first review of the effect of the COVID-19 outbreak on rent payments. The Tracker found 69 percent of households had paid their rent by April 5; this compares to 81 percent that had paid by March 5, 2020, and 82 percent that had paid by the same time last year. The NMHC data takes data from several property management sources including realpage, Yardi, Entrata, Resman and MRI. There is a belief, propagated by many in the tenant advocacy groups that tenants are no longer required to pay their rent. They point to the moratorium on evictions that have been publicized. The fact is, there are several levels of government involved which results in a patchwork of regulations. There can be rules imposed at the federal level, the state or provincial level, or at the local level. In some cases, there may be more than one regulation providing conflicting rules. Understanding which rule takes precedence will require that you get local legal advice in your home market. For example in the US, the federal disaster relief CARES Act, included a 120-day moratorium on evictions, late fees and other penalties, starting on March 27, the date the legislation was signed. This moratorium applies to all properties with a federally insured mortgage (Fannie Mae, Freddie Mac, FHA, HUD, VA) and properties participating in a covered housing program, such as the Section 8 voucher program, rural housing voucher program, the Low-Income Housing Tax Credit. Covered property owners also may evict or charge late fees to any resident. This moratorium applies to ANY resident who fails to pay their rent, not just those whose incomes have been disrupted by COVID-19. Unfortunately, the way it is written, that currently means the moratorium also applies to residents who simply choose not to pay their rent On the commercial side, we’re seeing a very real problem with collections. It depends highly on whether the business has been forced to close its doors. We have some businesses that are unable to perform their business online. Their revenue has gone to zero. Our commercial rent collections are currently running at 50% of leased space. We expect that number might drop even lower in the coming months. Overall, the impact to residential rents seems to be less than many had feared. It’s also reasonable to expect that the rent collections will be lower in May than in April. As you think about that, keep your lines of communication open with your tenants.

What does the $2 trillion stimulus package mean for the Student Housing industry?  Can developers expect delays? How are lenders responding to the crisis?  These are some of the questions we discuss in the latest episode of the Student Housing Insight podcast.  I sit down with Dave Borsos and Matthew Berger from the National Multi Housing Council and discuss how they are advising government agencies and law makers about the potential impact of COVID-19 on the industry specifically in the United States.  We also provide an important message on how you can make a positive impact with college students who are struggling more than others during this time.   Resources Mentioned: College & University Food Bank Alliance: www.cufba.org National Multi Housing Council:  www.nmhc.org   CAPRE WEBINAR REWIND: Student Housing Industry’s Response to COVID-19 https://www.capremedia.com/capre-rewind-student-housing-industrys-response-to-covid-19   Student Housing Business Webinar: COVID-19 and the Impact on Student Housing https://www.studenthousingbusiness.com/webinar-covid-19-coronavirus-and-the-impact-on-student-housing/

Today on the Southern California Real Estate Report we go over the things you need to know about keeping your real estate safe during an pandemic. We are linking two sources for this podcast. https://www.multifamilyexecutive.com/property-management/how-multifamily-properties-should-approach-the-coronavirus-outbreak_o https://www.naahq.org/news-publications/guidance-dealing-coronavirus The organization for this information come from NMHC and NAA These Real Estate Organizations are also very helpful: https://www.naiop.org/covid-19 https://www.bisnow.com Please follow the updates on the Centers for Disease Control (CDC) website and the Who Website https://www.who.int/health-topics/coronavirus https://www.cdc.gov  

What Do Renters Look For?   In today's podcast, I will share with you the most common things that renters look for in multifamily rentals... as well as the trends that a recent report showed. This report shared some of the most requested items that Renters were looking for in a comprehensive study done by the NMHC! #tucson #multifamily #rental #rentalproperty --- Send in a voice message: https://anchor.fm/karlbuysho/message

In this episode, Wes catches everyone up on what has been going on the past 6 weeks since the last episode, gets on his soap box about stupid development projects, and then gets into an interview with Matthew Berger and Dave Borsos from NMHC to discuss the upcoming conference in Chicago. For more information about NMHC's Student Housing Conference, click here: https://www.nmhc.org/meetings/calendar/2019-nmhc-student-housing-conference/#summary For more information on William Butler and his new book, ReLeasing, go to www.ReLeasingUp.com For more information on Student Housing Insight and to register as a member of our SHI Community, go to www.StudentHousingInsight.com !

If you have an opinion, idea, thought, or something to share, call +1 888-629-7864.Sponsored By: Fixed Cost Financial, Inc. the home of Fixed Cost Investing℠NOTES1. Thoughtful Conversations - ClientsA. Actionable information and knowledgeB. Busy clients, families, work, commuting,C. Importance of delegationD. CEO to Basic Blue CollarE. No longer comfortable with own skin, skill set, making better use of timeF. Confusing, complex, contradictory informationG. Pointing in the right directionH. We developed a comprehensive program for Retainer, User, Delegator, Abdicator, IgnorerI. Financial planning by and for the individual, same with economics, individual basis2. Personal Air Conditioner - Facebook, AdvertisementA. Show linksB. EvaporatorC. EvaSMART 2D. Indiegogo smash hitE. EntrepreneurF. Hogwash3. Apartment Building Owners Try to Grapple with Tougher Energy Use RequirementsA. how much it might cost co comply.B. New York City is the first city in the world to require all large existing buildings of 25,000 square feet or more, of which there are 50,000 citywide, to make efficiency upgrades… or face steep penaltiesC. sustainability requirementsD. Energy efficiency is a worthwhile objective, but NMHC has argued that the upfront cost needs to be kept within reasonable boundsE. Nearly all (98 percent) of apartment developers said changes in building codes over the past 10 years increased development costs for the average apartment project, and these costs, when they exist, average 7.2 percent of total development costs4. Tony RobbinsA. Tony Robbins Strikes Back: Own Your Own Firm, Never Get FiredB. We've watched at least one high-profile RIA pull away from Tony Robbins after the latest wave of old scandals resurfaced.C. The logic there is ruthless but clear. The firm tied its reputation to the celebrity figurehead but can't supervise his outside activities.D. As his disclosures routinely point out, Robbins owns 30% of retirement plan service group America's Best 401(k). They can't kick him out without buying him out.E. There's no regulatory disclosure on the site and while the principals are passionate about better retirement outcomes, they don't show up in an SEC search.F. Medical Practice owned by non-DoctorsG. Salesforce founder Marc Benioff technically plays a similar role in this particular firm. He doesn't pontificate much about plan design or how great America's Best 401(k) is.H. Benioff first discovered the self-help guru as a 28-year-old. The aspiring entrepreneur was working at a big corporation when he began absorbing Robbins's tapes and attending his seminars. Eventually, he credited Robbins with his decision to start Salesforce years later, now a $6.6 billion San Francisco enterprise behemoth.I. It may be among the most ancient pieces of leadership wisdom, yet when it falls from Robbins's lips, people listen, and they have for more than 30 years. "When everybody's unsure what to do, and there's somebody who fucking knows, everyone pays attention," says Robbins. "Someone who has certainty, even if they're wrong, will lead other people."J. Robbins Research International, a life-coaching empire that includes a massive book business (15 million volumes sold globally), an audio business (50 million programs sold), a life-coach certification business, and seminars for which attendees pay as much as $8,000 to be in the same room with the man himself.5. Stocks rose strongly on Tuesday morning after Fed Chair Jerome Powell said that the Fed would respond appropriately to trade war risks. The comments pointed to a future cut in interest rates and echoed comments from St. Louis Fed President James Bullard on Monday. Meanwhile, the Commerce Department reported that U.S. factory goods orders fell 0.8% in April, down from a revised 1.3% increase in March. T6. Social Security was never really intended to be the sole source of income for older Americans. Originally developed in the 1930s to supplement employer-sponsored plans and other personal savings, it's now become the major stream of income for many retirees.A. Ninety percent of those 65 and older receive benefits today. More than 62 million Americans will receive approximately $955 billion in Social Security benefits this year.1 However, the gap between what we receive from Social Security and the income many of us will need in the years to come may be wide.B. That's why it's crucial to consider how timing, income, and taxes impact your Social Security benefits. Understanding more about these factors can help you plan accordingly, avoid surprises, and prepare for what you may need to find other sources of income to fill any gaps.C. Today, 66 is full retirement age for anyone born before 1960 and 67 for those born after. Your benefits grow by 8% every year that you delay claiming them. The longer you hold off, the greater your benefits will be.D. There are certainly pros and cons to taking them early or waiting. You can actually delay taking them all the way to age 70 before you stop seeing incremental increases in the benefit amount. If you can delay taking benefits until at least 70, you'll have increased your annual Social Security income by 76% relative to someone who began taking benefits early at 62.E. If you're thinking about working while receiving Social Security benefits, your benefits may be reduced depending on when you file.a. Before full retirement age, benefits are reduced $1 for every $2 above $16,920 in earned income.b. At full retirement age, benefits are reduced $1 for every $3 above $44,880 in earned income.c. After full retirement age, there's no limit on earnings. Withheld earnings are returned.F. Your benefits may be taxed. The question is if they are, at what percentage? That depends on what tax bracket you're in. If your combined income is equal to or less than $25,000 if you file as an individual ($32,000 if married, filing jointly), then none of your Social Security benefit is taxablea. If it's more than $25,000 and equal to or less than $34,000 ($32,000 and $44,000 if married, filing jointly), up to 50% is taxable. If your combined income is more than $34,000 ($44,000 if married, filing jointly), it goes up to 85% being subject to taxationb. Speak with your tax advisor for guidance concerning the calculation of taxes.G. Catastrophe Bondsa. Catastrophe bonds (also known as cat bonds) are risk-linked securities that transfer a specified set of risks from a sponsor to investors. They were created and first used in the mid-1990s in the aftermath of Hurricane Andrew and the Northridge earthquake.b. In the first quarter of this year, a record $4.24 billion in new catastrophe bonds was issued in 17 separate transactions,” said Robert Hartwig, associate professor and co-director of the Risk and Uncertainty Management Center at the University of South Carolina's Darla Moore School of Business. “What this says is that cat bonds are no longer the interloper or the disrupter. They've become a mainstay fixture.c. First, a bit of history: In 1992, Hurricane Andrew caused $17 billion in insured losses in Florida—a loss figure double the modeling estimates at the time for the financial costs emanating from a severe hurricane. Several insurers were forced into bankruptcy, and reinsurance capacity dried up for the remainder. A new source of capacity outside traditional reinsurance was needed to fill the void. In 1996, according to Aon Securities, the first catastrophe bond drawing risk-bearing capital from the capital markets to satisfy this need was developed by St. Paul Re UK.d. Two main parties are involved in the issuance of a catastrophe bond—a sponsor and investors. Sponsors include insurance companies, reinsurance companies, large multinational corporations and even governments, all looking to spread the risk of loss from hurricanes, earthquakes and other natural disasters. Investors generally are pension funds and hedge funds looking to diversify their investment portfolios with a new asset class.e. Pension funds, retirees should know how their pensions are invested. The have no say, the trustee has all the say, but are these people making solid decisions?f. catastrophe bonds are a complement to traditional reinsurance, presenting the opportunity to hedge the risk of loss from a natural disaster. The bonds function just like a reinsurance contract structured over several years or a single year. When the sponsor's property damage losses exceed a specified indemnity trigger ($2 million, for instance), the bond kicks in to absorb the financial impact up to a stated limit (say $3 million), making it similar to traditional reinsurance, in which reinsurers assume layers of risk within a so-called tower.g. Lloyd's of London, generally known simply as Lloyd's, is an insurance and reinsurance market located in London, United Kingdom. Unlike most of its competitors in the industry, it is not an insurance company; rather, Lloyd's is a corporate body governed by the Lloyd's Act 1871 and subsequent Acts of Parliament and operates as a partially-mutualised marketplace within which multiple financial backers, grouped in syndicates, come together to pool and spread risk. These underwriters, or "members", are a collection of both corporations and private individuals, the latter being traditionally known as "Names".h. The business underwritten at Lloyd's is predominantly general insurance and reinsurance, although a small number of syndicates write term life assurance. The market has its roots in marine insurance and was founded by Edward Lloyd at his coffee house on Tower Street in c. 1686. Today, it has a dedicated building on Lime Street within which business is transacted at each syndicate's "box" in the underwriting "Room", with the insurance policy documentation being known traditionally as a "slip"i. In 2018 there were 84 syndicates managed by 55 managing agencies that collectively wrote £35.5bn of gross premiums on risks placed by 303 approved brokers. Around 50 per cent of premiums emanated from North America, 30 per cent from Europe and 20 per cent from the rest of the world. Direct insurance represented around 70 per cent of the premiums, mainly covering property and casualty (liability), while the remaining 30 per cent was reinsurance. The market collectively reported a pre-tax loss of £1bn for 2018, resulting from above-average major claims and a weak investment environment.[4]j. Lloyd's capital structure, often referred to as the "chain of security", provides financial security to policyholders and capital efficiency to members. The Corporation is responsible for setting both member and central capital levels to achieve a level of capitalisation that is robust and allows members the potential to earn superior returns1. There are three "links" in the chain: the funds in the first and second links are held in trust, primarily for the benefit of policyholders whose contracts are underwritten by the relevant member. Members underwrite for their own account and are not liable for other members' losses2. The third link consists largely of the Lloyd's Central Fund, which contains mutual assets held by the Corporation which are available, subject to Council approval, as required, to meet any member's insurance liabilities.[20]3. In 2017 the first link (syndicate level assets) amounted to £51.1bn, the second link (members' "funds at Lloyd's") £24.6bn, and the Central Fund contained just over £2bn.4. Lloyd's worst results in its long history were in the 1989 through to 1991 years, each producing overall losses of over £2bn; the late 1990s were also punctuated by repeated and significant underwriting losses.[23] In 2001 the calendar year result was a 140 per cent combined ratio, driven largely by claims arising out of the World Trade Center attack, reserve increases for prior-year liabilities and deteriorating pricing levels. However, since then, the market has generally enjoyed profitability in every year except those marked by large natural catastrophes. For example, in 2005 a spate of major Atlantic hurricanes including Hurricane Katrina drove the Lloyd's overall combined ratio to 112 per cent, while events including the Japanese earthquake and floods in Thailand badly impeded performance in 2011.5. United States gun control advocates have accused Lloyd's of providing “murder insurance” because it underwrites several types of National Rifle Association-endorsed firearms policies, including for gun shows and personal liability insurance that covers criminal and civil defence suits. The NRA-endorsed personal liability policies are unusual, as insurance policies rarely cover costs from criminal prosecution. Gun control supporters argue that these policies could increase gun violence as they have the potential to reduce the negative consequences of firing a gun, similar to “stand-your-ground” laws.[446. According to the owner of Appalachian Promotions, which organises gun shows in several US states, Lloyd's is "the NRA's choice” for gun shows and “there's usually nowhere else to get it for gun shows.” Critics have accused Lloyd's of enabling the “gun show loophole” and “aiding and abetting the black market in handguns.”[457. New York state regulators are investigating the marketing of these “self-defense" insurance policies.[4k. Thinking in Bets. Making smarter decisions when you don't have all the facts by Annie Duke. "Life is poker, not chess" "Quick or dead, our brains weren't built for rationality." "Learnl. The Colorado State University (CSU) tropical weather forecasting team has increased its prediction for the number of hurricanes that will form during the 2019 Atlantic Hurricane Season and also its landfall probabilities, but still cite the significant uncertainty associated with El Nino's influence this year.LINKSMeet the Smart A/C that is the Perfect Summer Desk AccessoryEvapolar 2 - Smart Personal Air ConditionerWhy you should not buy the EvapolarHomemade Air Conditioner #1Homemade Air Conditions # 2Homemade Air Conditioner # 3

In the latest edition of the Nareit REIT Report podcast, Doug Bibby, president of the National Multifamily Housing Council (NMHC), discussed a new initiative aimed at attracting talent into the real estate industry. The NMHC is part of a collaboration of 29 real estate industry organizations, including Nareit, that are working to highlight the diversity of career paths within the sector. Together they have created Careers Building Communities (CBC), a platform designed for students, educators, and other individuals to explore the industry and learn more about what it takes to obtain education and employment within each sector. “It’s no secret that the job market is really, really tight right now. Commercial real estate is looking to fill literally millions of jobs,” Bibby said.

In this special edition showcasing a panel discussion from the 2019 National Multifamily Housing Council Meeting, we explore the centerpiece topic of recruiting and managing talent in today's industry with four leaders in the apartment business: Bill Bayless, CEO of American Campus Communities; Chris Payne, President of SARES-REGIS Group; Cindy Scharringhausen, Senior Vice President of Human Resources at Camden Property Trust; and Julie Smith, Chief Administrative Officer at The Bozzuto Group. They are generous in sharing their honest challenges, valuable wisdom, innovative strategies, and time-tested tactics for success.Related LinksArticle on NMHC.org

In this special edition showcasing a panel discussion from the 2019 National Multifamily Housing Council Meeting, we explore the centerpiece topic of recruiting and managing talent in today’s industry with four leaders in the apartment business. This episode is made possible by our sponsor JLL. Learn more at jll.com/voices.

This is the final installment of the fall conference preview for student housing.  In this episode we sit down with Matthew Berger and Dave Borsos of the National Multi-Housing Council and discuss their student housing conference scheduled in Huntington Beach, CA October 3rd through 5th.  This is NMHC's 16th annual student housing conference and it is once again predicted to break records in attendance as they announce a new research project and provide more networking opportunities than ever before.  If you are going or still debating on going, make sure you listen to this episode to discover what is on tap, including keynote speaker Amy Trask!

While attending the 15th annual NMHC Student Housing Conference last week in Tampa, I got a chance to sit down with Matthew Berger and Dave Borsos of NMHC about how the conference has evolved over the years.  We also talk about what NMHC does for the student housing sector as an advocate to our leadership in DC. NMHC website:  www.nmhc.org My email: wes@ProvidentialStudentHousing.com Sponsored by: www.StudentHousingSites.com  

#131: Ken McElroy is our guest today. He’s the Rich Dad Advisor for real estate. Why does your tenant move out, and what will keep them inside your rental property? He tells us what tenants want today and how rental trends have changed over the last 5, 10, and 20 years. With over 10,000 units in multiple markets in his company’s control, he knows. In many markets, rent increases are not coming as easily as they were a few years ago. Ken & I discuss the best ways to increase income on your property. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive turnkey real estate investing opportunities. Listen to this week’s show and learn: 02:12  Polling tenants at move-out to determine why they moved. 05:05  Tenants are more mobile today. They go where jobs are. 06:40  Service level to tenants is more important today - fitness center, activities directors, shuttle vans, and even bartenders. 07:35  Living spaces of 200 - 300 square feet in urban cores and college towns. 09:44  Why can’t tenants pay more rent? Discussion on negative rent growth. 13:52  High rents can be a threat to public safety. 22:20  Why did your tenant move out? 28:03  School districts, crime. 30:19  Forecasting infrastructure improvements and how that boosts local real estate. 34:47  Websites that Ken uses for real estate market research. 37:22  Increasing your Net Operating Income - best ways, dumbest ways. 40:49  Pushing rents too high. 44:12  Ken feels real estate is still the best asset class to be invested in. But he tells us to exercise caution in a hot market. 46:22  Catch up with Ken at KenMcElroy.com  Check out his great video series, KenFlix. 47:53  A lot of people are going to lose everything in the next five years. Resources Mentioned: KenMcElroy.com Nmhc.org | Uli.org NoradaRealEstate.com TheRealAssetInvestor.com/GRE HighlandsMortgage.com MidSouthHomeBuyers.com GetRichEducation.com  

Douglas Bibby, President of the National Multifamily Housing Council tells us the multi-family industry needs 300,000-400,000 units delivered to the US market each year to meet demand. The multi-family industry has picked up 9 million renters since the recession.   The National Multifamily Housing Council (NMHC), is a national organization of more than 1,100 member firms involved in the multifamily housing industry. Under Bibby’s leadership NMHC represents the industry on Capitol Hill and before the regulatory agencies, promotes research and the exchange of information, and advocates for rental housing across a broad spectrum of issues. Prior to joining NMHC, Bibby spent 16 years as a senior officer of Fannie Mae, where he served on the company’s Management Committee throughout his tenure.  He was part of the top management team that is credited with the remarkable turnaround at Fannie Mae in the book Good to Great.  Here’s some of what you will learn: The risk-adjusted returns that flow from multi-family investing. The current state of the multi-family industry is strong. Millennials, down-sizing baby boomers, and immigration are driving demand for apartments in the US. The multi-family industry needs 300,000-400,000 units delivered to the US market this year to meet demand. Rent growth has been on a strong pace of at least 4% for the past 16 quarters in a row. Why baby boomers are selling their homes and choosing to rent. The challenges the multi-family industry is facing. The “sweet spot” of investment opportunity in the multi-family industry. The lessons being learned from student housing. The impact of Airbnb on the multi-family industry. The apartment renovations that matter most to millennials and baby boomers. Using social media for marketing. The best strategies to retain tenants.  Our Guest You can learn more about Douglas Bibby and the National Multifamily Housing Council (NMHC) at: http://nmhc.org/ Want to build Lifetime Cash Flow from Multifamily Properties? If you’re committed to creating the life you deserve, we've created the best multifamily training and coaching program on the market. I personally coach you on your path to create the life of your dreams. I will help you CRUSH it in this business!  - if you'd like to receive information about our program, text CRUSH to 41411 now. Recommended Resource Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://meetme.so/RodKhleif Review and Subscribe Posted in Podcast Tagged acquisitions, Douglas Bibby, National Multifamily Housing Council, NMHC, apartment investing, apartments, appreciation, Assisted Living, broker, brokers, business, cash flow, cashflow, commercial, commercial real estate, CRE, CRE investing, Defaulted paper, Donald Trump, entrepreneur, equity, Eviction, expert, experts, Foreclosure, funding, Hedge fund, investing, investing in real estate, investments, Rod Khleif, Rod Khleif Florida, Rod Khleif Real Estate, Riyad Khleif , manager, mergers, millionaire, multi-family, multifamily, Office, passive income, podcast, private lending, private money, property management, raw land investing, real estate, real estate broker, real estate cashflow, real estate coaching, real estate investing, real estate investor. Investing, REIT, Retail, Robert Kiyosaki, sales, Sales Coach, sales expert, Sales Training, Self Storage, Selling, Senior Living, Shopping Center, Short Sale, Suburban Office, syndication, training, value add, Repositioning assets, multi-family expert, multifamily expert, multi family investing, multifamily training  

Discussion and interviews for National Volunteer Week 2014 including Jodie, a volunteer at the PLC in Commercial Road, Gary, a volunteer at Young & Gay and Ian, a long time volunteer with VAC.

Lonnie Hirsch interviews Martin Hickey, CEO, New Mexico Health Connections. Lonnie and Martin discuss the ways in which NMHC differs from hospitals or large, shareholder-owned companies and more.. Read our blog on this podcast: https://healthcaresuccess.com/blog/podcast-interview/podcast-winwin-aligning-the-new-mexico-coop-health-plan-with-primary-care.html

Road traffic represents one of the main sources of emissions to the atmosphere. This work determines the impact of road traffic emissions on the chemical composition of the atmosphere by a numerical modelling study with ECHAM4/CBM-IV. For the first time, global impact of non-methane-hydrocarbon-emissions (NMHCs) from road traffic is presented. Annual, global emissions from road traffic following a consumption-based approach amount to (8.8 +/- 1.8) Tg [N] nitrogen oxides, (206 +/- 86) Tg [CO] carbonmonoxide, and (34.4 +/- 18.9) Tg NMHCs. Road traffic emissions cause an increase of ozone, which is an important trace gas for the oxidizing capacity and the radiative budget of the atmosphere. In industrialized regions of the northern hemisphere the increase exceeds more than 20%. In remote regions an increase of more than 10% is calculated. Tropical latitudes show a relative contribution of more than 6% due to road traffic up to 10km. NOx-emissions account for about 70% of this ozone increase. Further, road traffic increases and decreases the concentration of hydroxyl radicals (OH) depending on geographical region and season. This again affects the oxidizing capacity and the lifetime of methane. In summer, road traffic causes in northern extratropics a 3% increase of OH, and in winter a decrease of 10%. These changes in chemical composition cause an indirect radiative forcing to the atmosphere. Ozone increases due to road traffic emissions (NOx, CO, NMHCs) result in an annual and global mean radiative forcing of 0.058 W/m^2. The indirect forcing due to road traffic-induced changes in the lifetime of methane amounts to 0.006 W/m^2. This forcing is temporal and spatial inhomogeneous, and can even possess a positive sign (e.g. in spring). Results show that NMHC-emissions considerably contribute to the global impact of road traffic emissions.