Category Archives: CEO Blogs

02 May 2023

We’re Seeing 15% Portfolio Wide Rent Growth!

A large building with american flag in front of it.
Happy Tuesday and Happy May 2nd! Crazy to think the year is already 1/3 over. All this crazy drama with the banking system and interest rates will be ancient history a year from now though. Funny how news works like that. In the meantime, Saturday was a big day for ...Read More
25 Apr 2023

New Construction Starts Down Spell OPPORTUNITY

An aerial view of a building with palm trees.
Hope all is well and trust you had a nice weekend! I'm writing you from the hospital - not the usual locale - as we wait for little Lidia Grace to arrive. We've been very appreciative of the many prayers and thoughts. Thank you so much! Healthwise both mommy and ...Read More
18 Apr 2023

Asking Rents Are 6-12 Months Ahead of Inflation

A man in a suit and tie sitting at a table with some houses on top of stacks of coins.
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
28 Sep 2022

Interest Rate Hikes, Site Visits, and Deals

A yellow building with palm trees and bushes in front of it.
Esplanade Apartments, Orlando, FL THE RECENT RATE HIKE I'm sure you've seen the latest Fed hike. Nothing new there. And expect the Fed to overshoot their goal as they move forward. This is in part due to the fact that they use lagging indicators to make policy decisions about the future. Big picture, though, ...Read More
20 Sep 2022

Why We Won’t See A Housing Crash This Time

A lake with trees and buildings in the background.
Park Thirty99, Lexington, KY Welcome back and hope you had a great weekend.  My update below is a little longer than usual, but I felt there were some key data points that are relevant to our current investment decisions.  Also including some quick links below for current deals we're working ...Read More
13 Sep 2022

The Ultimate Risk Hedge: The Right People

A pool with yellow chairs and trees in the background.
Cottonwood Dallas, Dallas, TX Well, this is always a sobering time of year for me. I'll never forget standing on top of one of the buildings I managed in the NYC area and seeing the twin towers burning. It was a very sad day. I thought about all the good people who ...Read More
07 Sep 2022

15-20% Market Discount with Rent Growth Hedge

A parking lot with cars parked in front of the building.
City Park Apartments, Atlanta, GA I trust you had a great Labor Day weekend!  Hard to believe summer is "over." I guess that means we all have to go back to work! Speaking of work, I don't think I've ever had a more challenging hiring environment in my career. So many folks ...Read More
30 Aug 2022

Inflation a Battle of Perception

A row of green apartment buildings with balconies.
Brighton Place, North Augusta, SC Welcome back and I hope your week is off to a good start. I spent the weekend fighting off the perennial head cold (do those still exist?!). It gave me plenty of time to ponder the Fed Chairman's comments about fighting inflation.  Wall Street also ...Read More
23 Aug 2022

Monthly Cash Returns: 10-12% Distributions

A view of houses from above with the street in front.
Fairfield Lakes, Beavercreek, OH I just completed a great site visit trip up in the Midwest and thought you might like to see what we've been up to. I put together a couple short videos on two of my favorites that are both kicking out 10-12% monthly cash returns! Crazy good. In ...Read More
16 Aug 2022

$7.3 MM Annualized Distributions

A view of an aerial photo of a neighborhood.
Millennium Dallas, Dallas, TX I've got a couple days in the office and then I'm off to visit our Cincinnati, Dayton, and Columbus properties. It's been a little while so I'm excited to get back on the ground in Ohio. Phil Meyer, our VP Asset Management and BJ Haydon, Regional Manager will ...Read More