Cindy Beier’s Post

There's profit to be made reading between the lines. One trend that is cropping up in the multifamily space is the construction of taller buildings to rely on less overall land. But the the construction costs demand higher rents. Ultimately, the housing crisis is not exactly addressed. You could look at this (see the video) and say that you need to get in on the skyscraper trend. Or you could shake your fist and decry the debasement of our skylines, views, and vistas. What we do at Boardwalk Wealth is to look for the steady markets where we can establish local relationships in order to acquire land where we build pleasing properties (even for those who live in the surrounding area when they have to see it) that are still affordable to the local market, in order to fulfill that demand for housing in a way that creates satisfied residents. Easy? No. The right thing to do... and profitable? Yes. To learn about investing in real estate that residents and communities love, join my email list: https://lnkd.in/ezWQRCps

We’re taking it back to 11 months ago when I closed on Cherry Apartments in Kernersville, NC, a 12-unit LP deal. 🔥🔥🔥 I started off small, but at the same time, I was still preparing for greater. Now, I’m a co-GP on a 54-unit apartment complex. And we’re going UP! ⬆ This journey is proof that with trust, strategy, and the right team, the sky’s the limit. 💪 Here’s why I believed in this deal: 1️⃣ Trusting my partners, who share values like integrity and honesty. 2️⃣ The market is growing—confirmed by my own research and my team. 3️⃣ We planned for worst-case scenarios and were aligned on our goals. 4️⃣ Tax benefits through depreciation. 5️⃣ Below-market rents meant huge upside potential. 6️⃣ No major rehabs needed, just updates to modernize. 7️⃣ A stable, diverse economy—no single industry dominates. #Throwback #CherryApartments #RealEstateInvesting #Teamwork #GenerationalWealth #PassiveIncome #ApartmentInvesting #FinancialFreedom #GoingUp

Do you believe this? Where are you finding opportunities in today's market? There seems to be a lot of excitement about buying existing multifamily towards the end of the year, hoping to get a discounted price before rates come down. On the development side, we are still seeing opportunities in townhome rental communities, land development, flex space, and suburban retail. Traverse Capital

2024 is going to pose several challenges to the multifamily sector. Believe it or not, rents are actually stagnating in certain markets right now. Here’s what you need to know: 🏘️ 500,000 new multifamily units are slated to be completed and brought online during 2024 🏘️ These new units are being built in regions that are already oversaturated with new development. 🏘️ Texas, Florida, North Carolina, and the cities of Denver and Phoenix might see stagnating or declining rents. How do you see the multifamily sector adapting to these challenges and opportunities in 2024? Let me know in the comments. #RealEstate #Multifamily #Rents #InterestRates #Construction #Apartments

💡 Top Strategy for Finding the Perfect Multifamily Market 💡 One of my go-to tips for multifamily investing is to focus on markets with a high concentration of multifamily properties. In cities like Worcester, MA and Lowell, MA, a solid 30-40% of the housing stock is made up of multifamily units. These old mill towns are ideal for investors looking for: 🔑 Stronger Cash Flow – These markets typically offer great rent-to-cost ratios, boosting returns. 🏘️ More Opportunities – A higher supply of multifamily properties means more options to find a deal that fits your strategy. 📍 Simplified Management – When you cluster your investments in one area, property management becomes much easier and more cost-effective. 📊 Quick Tip: When scouting for markets, look 30-45 minutes outside major metro areas with high growth potential. Focus on cities where multifamily homes make up a large part of the housing stock—it increases your chances of scoring profitable investments! 💬 Looking for more multifamily insights? Makes sure to follow the Beard for more financial and real estate knowledge. #MultifamilyInvesting #RealEstateInvesting #CashFlowStrategy #WorcesterInvestments #LowellInvestments #MultifamilyMarkets #InvestmentStrategy #Multifamily #FinancialFreedom #Landlord #InvestorFreed 

Took the liberty to summarize a post I saw on LinkedIn: 📉 Multifamily Permits Plunge Across Major Metros - Permits down over 60% in Philly, San Antonio, West Palm Beach, Portland, Oakland, St. Louis, Baltimore. - Down 50-60% in Houston, Seattle, Minneapolis, San Francisco, Nashville, Denver, Jacksonville. - Down 40-50% in Dallas, Orlando, Raleigh, Atlanta, Boston, Chicago, Orange County, Salt Lake City, Northern NJ, Indianapolis, Las Vegas, Detroit, Richmond. - Trends indicate a significant slowdown by 2025-2026 creating a strong market for existing housing. #RealEstate #HousingMarket #JKAMInvestments #AlternativeInvestments

Since 2020, we have been accelerating growth in multifamily development, expanding our portfolio by over 45% to now include 17 premier properties and nearly 5,600 units in key markets across Maryland, Texas, and Nevada. Each new asset reflects our strategy to drive NOI growth and deliver exceptional value for investors, whether it’s in bustling Downtown Columbia, the expansive green spaces of The Woodlands and Bridgeland, or the vibrant mix of amenities in Summerlin. As we look ahead, we'll continue to seek opportunities within our extensive land bank to create high-yield multifamily investments that meet the rising demand for quality housing in America’s top regions. Watch our Q3 earnings recap to learn more 🔗 https://lnkd.in/gesE9cDq #CRE #CommercialRealEstate #Earnings #Multifamily #Development

Sean Burton, CEO of Cityview, has shared insightful perspectives on the current multifamily real estate market, emphasizing the significant impacts of rising interest rates on property values and the challenges in refinancing existing debts. Burton highlights the current market dynamics where savvy investors might find discounted buying opportunities in the near future, particularly forecasting 2024 and 2025 as potentially favorable years for acquisitions (Institutional Real Estate, Inc.). Burton's discussion reveals a strategic shift in the multifamily sector, with a particular focus on creating sustainable housing in key gateway markets. This aligns with broader market observations, where increasing construction costs and supply chain issues are pivotal factors influencing project developments and investment decisions. These challenges are pushing firms to innovate in project execution and funding strategies to remain competitive and resilient in the fluctuating market (PENSION REAL ESTATE ASSOCIATION (PREA)). As a seasoned multifamily commercial real estate investment sales broker with extensive experience in the Los Angeles market, I recognize the importance of these insights for anyone involved in multifamily investment, particularly in core and affordable housing segments. The ability to identify and leverage market shifts can substantially benefit portfolio strategies. The anticipated buyer-friendly investment climate could be a prime opportunity for investors to expand or diversify their holdings in multifamily properties, especially in regions like Los Angeles which are historically high-value areas with robust demand. 💭 As we consider these evolving market conditions, one must ask: How should investors adjust their strategies to maximize returns in a market influenced by rising rates and economic shifts? This could be an excellent discussion point for those looking to refine their investment approaches in the coming years. Multifamily Investors/Developers interested in further discussions or insights into navigating the current multifamily market landscape, reaching out for consultation could be beneficial. 🏢📈 #MultifamilyConnector #LosAngelesApartmentSales #MultifamilyInvestmentSales

22 years ago today I purchased this 20 unit multifamily apartment building at 5219 S. Drexel. After doing so, several people approached me asking if I was looking for investors. Armed with some simple ideas of providing great customer service, leveraging technology, and being disciplined, I began to buy more apartment buildings. My goal was not as much to be a force in the Chicago apartment market but rather to just take one day at a time, find the right opportunities and provide the best resident experience that could be delivered. Today we manage 70 buildings taking care of about a thousand apartments As I approach 60, I have been reflecting on my life's journey and accomplishments. I am grateful for those who have supported and invested with me through the years. We have employees who've been with us for nearly 20 years. We have investors who have continued to reinvest with us since the beginning in 2002. I've remained steadfast in my belief systems of respect and consideration for others and simply followed my intuitions. Building a great company is about building great relationships. We have exciting things happening in our future. If you think your apartment building can be performing better with happier residents and higher NOI, give us a call. Drexel Properties continues to expand our services for third party owners. We love what we do. #runitlikeweownit #customerservice #apartmentforrent #rentalunit #apartment #apartments #realestatelife #rentalproperty #propertymanagementtips #chicagoapartments #propertymanagementexperts #lovewhatyoudo #lovewhereyoulive #lovewhatido #investors #investments #invest #smallbusinessbigdreams #smallbusiness

Red River Development, co-founded in March 2020 by Jay Dempsey and Steven Watts, was built on a shared vision to invest in the growing Build-to-Rent (BTR) market. With Jay’s experience in senior living and Steven’s background in multifamily projects, the company has rapidly grown, now managing 1,500 units and overseeing $480 million in assets. Their BTR brand, Trulo Homes, has become a key player in this innovative housing sector, shaping the future of rental communities. Curious about market trends in multifamily housing? Let’s discuss the hottest areas right now! Comment below! 👇CLICK ON THE LINK IN THE COMMENTS TO WATCH THE SHORT VIDEO👇 #RedRiverDevelopment #BuildToRent #RealEstateDevelopment #HousingInnovation #investwithscottkidd