Shannon Robnett - Boise, Idaho Multifamily Investing

For more than 35 years, Shannon Robnett, founder of Shannon Robnett Industries has built a strong reputation as a leading commercial real estate investment group by investing in multi-family properties in the Treasure Valley of Idaho. For the last few years, Forbes magazine has ranked Boise, Idaho, as one of the fastest-growing cities in the United States.

Buyers are coming to Idaho not only for its beautiful outdoor environment but also for the incredible business and landlord-friendly regulations. In this episode, we talk about the benefit of vertically integrated operations, keys to evaluating the marketplace, and what will happen when the Idaho growth boom eventually slows.

While many markets have been unstable over the past year, Boise has remained on a steady trajectory upwards, let’s find out why from Shannon Robnett on the Multifamily Memo.

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For more information visit: www.multifamilymemo.com

If you are looking for more of this type of content focused only on NYC Multifamily visit www.behindthebricks.com

Evan Kristol - South Florida Multifamily Investing

Today we sit down with Evan Kristol, Executive Managing Director Investments at Marcus and Millichap’s Fort Lauderdale office. With over 25 years of experience advising owners and investors, Evan is a leader in the acquisition and disposition of multifamily assets throughout the state of Florida.  

Now is a great time to take a look at the multifamily market in South Florida. This year’s pandemic has accelerated the long lasting trend of people migrating to Dade, Broward and Palm Beach Counties. Despite the uncertainty looming over the nation moving into 2021, South Florida remains a top destination for buyers thanks to no rent control, no income tax and strong population growth.  

In this episode we discuss what is driving the growth in these markets and specifically how are investors adding value and reducing expenses...  

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If you are looking for more of this type of content focused only on NYC Multifamily visit www.behindthebricks.com 

Francesco Carriera - Tampa Multifamily Investing

Today we sit down with Frank Carriera, Executive Vice President at CBRE. He leads the firm’s multifamily investment sales platform in Tampa Bay, the market with the highest net migration rate in all of the Southeast.  

Listeners will hear how Tampa’s multifamily growth stems from its increasingly diversified economy, impressive job creation spearheaded by the financial, tech, and healthcare industries. Infrastructure investments from the likes of Tampa Bay Lightning owner, Jeff Vinik, have also helped.  

In our conversation, Frank highlights some of the market’s most promising neighborhoods for multifamily investments such as the burgeoning Tampa Heights.  We also discuss the keys to capitalizing on Tampa’s deal opportunities: using technology to add value, the importance of—and how to select—high quality property management, and managing around the pipeline of new supply.  

Ultimately this episode offers deep insight into a dynamic and growing market.  

NOTE: This episode was recorded before the coronavirus outbreak, so some of the market quotes may be different, but the drivers are not.

Jennifer Campbell - Houston Multifamily Investing

Let's Talk Houston. 

Today, Jennifer Campbell joins for an informative discussion about multifamily investing in Houston. Jen is a Director on the “IPA Texas” team, leading their Houston operations. Over the course of her career, Jen has closed more than $1.5 billion in sales, representing over 30,000 units across the lone star state! 

While many outsiders find Houston a hard market to understand, its potential is clear. Incredible population growth, household growth, and in-migration keeps Houston as one of the fastest expanding metros in the US. Houston’s continual growth of population and supply attract and deter investors alike. In 2019, Houston added another 85,500 jobs – growing at 2.7%. It was the 25th consecutive month that Houston’s job growth had exceeded the national rate. 

Jen explains in this episode that when it comes to recessions, Houston’s the last one in and the first one out. With uncertainty hanging over the U.S. economy now is a great time to learn more about the Houston multifamily market. As a PSA, this recording was done right before the coronavirus hit, so please apply that perspective to some of the “current” comments... Ok let’s dive in and see what she has to say... 

Mark Thomson - Philadelphia Multifamily Investing

Today we speak to Mark Thomson of Philadelphia, where he is a Senior Managing Director at JLL. Mark and his team can boast the largest market share of transactions in the Philadelphia area.

“Eds & Meds.”  These are two terms industry insiders use to describe the Philadelphia market, with education and health care being the major employment drivers.  Due to low entry costs and higher cap rates Philadelphia continues to attract buyers from New York looking to diversify. Thanks to the city’s many elite universities and its relative affordability, over the last 20 years it has been number one in the nation for Millennial population growth.

In this episode Mark explains to us why Philadelphia is one of the most well-balanced markets in the nation. Whether you’re looking to make money through appreciation or cash flow this is an episode you’ll want to hear.

Note: this episode was recorded before the Coronavirus outbreak, so some of the pricing quotes may be different, but the drivers are not... Let’s go…

Drew Kile and Joey Tumminello - Dallas Investing

Today we speak to two experts of the impressive Dallas/Ft. Worth market: Drew Kile and Joey Tumminello, from the Dallas/Ft Worth IPA Texas Team.  They have facilitated several billion in sales transactions for institutional and high net worth investor clients. 

Adding residents three times faster than the nation and sporting the largest multifamily pipeline in the U.S., Dallas-Fort Worth remains one of the country’s most dynamic yet stable rental markets. Despite the addition of an eye-popping, 45,000 apartments since the beginning of 2018, the Dallas-Fort Worth’s occupancy rate in stabilized assets has dropped just 10 basis points over 12 months to approximately 94%. 

In this episode, Drew and Joey give a deep look into the Dallas market and explain how some stock market investment principles also apply to real estate.  It’s about consistently buying the best deals in the market, and avoiding the temptation to paint all submarkets with a broad stroke.   It’s why real estate is a local game.   

A service announcement, this episode was recorded during the coronavirus crisis.  We all know that is changing much about the world, but Texas has its own way of adjusting and the market information in this episode is probably more relevant now....so...Let’s take a dive into the rapidly growing and diverse Dallas/Ft. Worth Multifamily Market… 

Hannah Ott - Indianapolis Investing

Today we sit down with Hannah Ott, of Cushman and Wakefield’s Indiana Multifamily Team. She has brokered over $3.45 Billion in multifamily sales, which says a lot for this sized market.  

 Indianapolis is a market she endearingly describes as “Steady Eddy.” In this episode we discuss the value and simplicity of the stable growth that Indianapolis multifamily has experienced for decades. She delves into the various submarkets in Marion, Hamilton, and Boone counties, and why Downtown has been able to keep occupancy in the mid-90’s despite a lot of new supply coming online.

 If you are someone who is always searching for low risk/high reward opportunities… this is an episode you need to hear.

Download The Indianapolis 2019 Apartment Market Overview Report 

Steve Gebing - Phoenix Investing

Today we sit down with Steve Gebing, who along with his partner run the #1 multifamily investment team in Arizona.  

Steve aptly dubs the Phoenix market as “on fire.” The population growth rate of the Phoenix MSA has increased by nearly 4% per year for the past 40 years. Arizona’s innovative-friendly environment, low taxes, qualified workers, and high quality of life, has had large corporations knocking on Phoenix’s door. This has drawn the attention of investors around the nation.  

Steve demonstrates an unequivocally booming energy that reflects the Phoenix market. His knowledge of the area and unique perspective is extremely valuable to anyone looking to invest in a promising market.  Listeners have a lot to learn from this true industry veteran and professional. Let's hear from Steven Gebing....

Phoenix Market Report

Please email Steve at sgebing@ipausa.com for the latest report.

Niko Nicolaou - New Jersey Investing

Today we sit down with Niko Nicolaou, of Gebroe-Hammer. Niko operates in North Jersey where his name has become synonymous with the surging volume of multifamily transactions. Between 2016 and 2019 he has been behind more than 72 trades encompassing 6,015 units valued at $1.3 billion. 

 In this episode Niko describes the all the unique aspects of doing business in North Jersey, which vary depending on which municipality you are operating in. Listeners will hear what value add opportunities look like in the region. All of these markets are united by their abundant access and proximity to New York City. 

 With uncertainty growing in the wake of new regulations in New York, now is the perfect time for investors for take a long look at the growing market next door. 

Will Balthrope - Texas Investing (Part 1)

As this podcast begins, it is only fitting we start with a show about Texas. The Lone Star State is home to HALF of the Top 10 fastest growing cities in the nation!  

Today we sit down with Will Balthrope, who has more than 25 years of Texas multifamily sales. He is currently the team lead for IPA Texas. This episode is the first of a 3 part series about Texas, Will will share an overview to the state and insight into the 4 largest markets: Dallas-Fort Worth, Houston, Austin, and his hometown, San Antonio. 

Texas has a very well known business-friendly environment which draws in investors and industry alike, but each of these cities have their own unique characteristics. The Dallas-Fort Worth and Houston metro areas have populations of over 7 million people, while smaller San Antonio and Austin are competitive markets in their own rights. 

With so much to offer, Will does a great job of showing the ins and outs of these markets. So let’s get to it!.... 

texas market reports

Austin 2020 Multifamily Investment Forecast Report

Dallas Fort Worth 2020 Multifamily Investment Forecast Report

Houston 2020 Multifamily Investment Forecast Report

San Antonio 2020 Multifamily Investment Forecast Report

Multifamily Memo Introduction

The "Multifamily Memo" is the top podcast for multifamily investing in the US. Through intriguing conversations with experts in top multifamily markets, listeners gain access to investment advice not found elsewhere in the marketplace. 

Consider: If you landed in a city tomorrow, and wanted to invest, how would you instantly get up to speed? What should you explore or avoid? What’s driving the economy, what trending, and what’s not? What do "the pros" do to succeed, and where do the amateurs fail?   

This podcast has those answers. Investors, brokers, lenders, equity providers, appraisers and anyone interested in the multifamily industry can learn from "Multifamily Memo". 

Hosted by Peter Von Der Ahe, who has over 20 years of industry experience, this show makes private investment discussions available for those who want to learn.  Some of you may recognize Peter's voice from a NYC investor focused podcast called "Behind the Bricks" which can be found wherever you access podcasts.  

This show takes a different look at this trillion dollar industry, and we look forward to you enjoying upcoming episodes.