Podcasts about nmhc

Send us a textIn Episode 103 of Your Landlord Resource, we dive deep into our real-world experience installing property-wide fiber optic Wi-Fi in a six-unit rental property. This isn't theory—we share what worked, what we wish we knew sooner, and what it all cost. From upgrading a midterm rental and supporting smart locks to giving tenants high-speed access at a fraction of retail pricing, this episode is packed with tips for self-managing landlords.We break down why Wi-Fi is becoming a top must-have amenity for renters (with 90% of tenants in a 2024 NMHC survey rating it essential), and how landlords can meet that demand in a cost-conscious and scalable way. You'll learn what types of properties benefit most, how much bandwidth you really need, and how to handle the install without blowing your budget—or your mind.We cover the technical details landlords need to know, including using VLANs for tenant privacy, installing CAT6 ethernet, and choosing between budget systems like TP-Link or pro-level gear like Ubiquiti. And most importantly, we talk about whether tenants truly value this amenity and if it's worth the investment.If you're a landlord managing a duplex, triplex, or small multifamily and want to offer high-speed internet while protecting your bottom line, this episode is for you.

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!

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

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

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.

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/