14 Jun 2022
Data Points to Multifamily Resilience Despite the Fear
Marbach Park, San Antonio, Texas "Be fearful when others are greedy, and greedy when others are fearful.†-Warren Buffett Happy Tuesday! Hope you had a great weekend. I know for me the past couple weekends have been super important down time given our pace of things at REM. Definitely looking forward ...Read More
04 May 2021
An Effective Acquisition Market Comp
Doing some multifamily shopping I never knew until recently that Cinco de Mayo, despite its Mexican heritage, is celebrated much more widely in the States, surprisingly.  The festival always makes me chuckle because I grew up in Dallas, TX where we studied Texas history and learned about the bad guys ...Read More
27 Jun 2023
Onsite Focus – Midwest Portfolio
Happy Tuesday! It's the last week of the first half of 2023. Are you glad it's over? Did you make the most of it? Interesting to think how quickly time passes once you're looking at it in the rearview mirror. I won't have the June financials for a couple more ...Read More
04 Jul 2023
Happy Independence Day!
"A government big enough to give you everything you want is a government strong enough to take everything you have."- Thomas Jefferson Hey, happy Independence Day! Hope you have a memorable day planned. July 4 is one of my favorite holidays to re-review history and remember the truly unusual set ...Read More
26 Oct 2023
Multifamily Critical Success Factors – Retention
I hope your week is off to a good start and happy Wednesday. Yes, it's Wednesday, not Tuesday. Just keeping it interesting over here. I usually write my CEO blog on Monday to send out on Tuesday but unfortunately it wasn't meant to be this week. I struggled with a ...Read More
03 Oct 2023
Staying Focused To Succeed
Welcome to another week and the beginning of the fourth quarter. It's amazing how quickly we've gotten through 2023 so far. For those of us keeping an eye on the Fed, we're pleased to hear there may be one more interest rate increase this year, with expectations of flat to ...Read More
18 Oct 2023
Average Occupancy Headed to GFC Lows?
Hope you had a great weekend and welcome back to a new week! Last week I was up in Atlanta to review our Avenue33 and City Park deals. We walked units, discussed interior finishes, renovation progress, resident challenges, and the ever important maintenance to-do list. A critical success factor in ...Read More
19 Apr 2022
A Soft Landing: Containing Inflation without Causing a Recession
Ground up Development Coming Soon to Lake Vista, San Antonio, TX Hey, it's Tuesday and you survived tax day 2022! Or maybe you were like me and you had to kick the can down the road to October? Either way it's always an annoying time of the year, in my ...Read More
18 Apr 2023
Asking Rents Are 6-12 Months Ahead of Inflation
Welcome back and happy Tuesday. If you didn't know - today is also tax day! Such fun. We are fortunate enough to get the last of our K-1s out the door this morning. Tax season never seems to be an easy one. 2022 was the last year of 100% bonus ...Read More
23 Aug 2023
The Affordability Trap
Welcome back to another week! I was doing some anecdotal research over the weekend and was surprised to see the continued strong pricing in the single-family market. It's certainly moderated a little but nowhere near falling off a cliff. As many have noted - most folks are kind of "stuck" ...Read More