Offerd’s Post

We’re on the cover of Midwest Real Estate News this month!   Tim Donovan looks into his crystal ball and makes predictions on the multifamily #realestate market in the Midwest. Link to article: https://lnkd.in/eHVrUqib #multifamily #realestateinvesting

Another National Multifamily Housing Council annual meeting in the books! ✅ This year, I've put together some key takeaways from the multitude of content-rich sessions: 1️⃣ Florida Strategy: We're all in on Florida, but insurance remains a concern. The upside? We've identified the issues, leaving no room for unknowns. Now, we can underwrite with precision. 2️⃣ Multifamily Dominance: Investors are doubling down on multifamily, with ample dry powder waiting in the wings. 3️⃣ Heightened Underwriting: Both equity and lenders are tightening their underwriting standards, demanding deeper dives into the numbers. 4️⃣ BOVs Surge: Brokers are cranking out more BOVs than ever, signaling a bullish start to 2024. 5️⃣ Closing the Gap: Pricing expectations are aligning between sellers and buyers, setting the stage for smoother negotiations. 6️⃣ Stable Underwriting: Assumptions have steadied, streamlining pro formas and making new opportunities easier to evaluate. Excited to leverage these insights as we continue our pursuit of #multifamily deals in Florida. Send any opportunities straight to my LinkedIn inbox - let's make moves! Camilo E Padron Greg Robinson

What's ahead for multifamily? I was excited to work with Beresford Research again to give our clients usable insights into some of the potential answers to this question. Our survey of 300 middle-market multifamily decision-makers captured their views on what 2024 will hold on a range of topics, from the likelihood of a recession to how they're coping with insurance costs. https://lnkd.in/eeWzwCWM

Why Did Arn Switch from Single-Family to Multifamily Investing? Arn Cenedella once owned 30 single-family homes across the country, which did well for him. He later transitioned to multifamily real estate because it’s more of a team effort, allowing him to partner with others who have complementary skills. Arn believes in the strong demand for affordable housing, and multifamily properties play a key role in meeting that need. #realestate #realestateinvesting #multifamilyinvesting

Watching our kids grow and knowing they're going to be okay is one of the greatest achievements in life. That's why I made the shift to multifamily real estate – to ensure I can provide for my kids today and build something lasting for future generations. It's all about securing their future and creating a legacy. #FamilyFirst #GenerationalWealth #MultifamilyInvesting

Join us for an insightful event with Bethany Finch on "Multifamily: Getting Started, Do's & Don'ts, Operations" on May 29 at 3 PM PST! 🏢✨ Register now to secure your spot and gain valuable knowledge in the multifamily real estate sector. Don't miss out! #bethanyfinch #americanmadehomesolution #Multifamily #RealEstateInvesting #PropertyManagement #InvestmentTips

What Do Recent Multifamily Refinances Mean for Seattle Investors? The $43.5M refinancing for The Carter on the Park in Redmond and the $40M refinancing of The Mercer Apartments in July signal positive trends for Seattle metro apartment investors: 🔹 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐝 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐂𝐨𝐧𝐟𝐢𝐝𝐞𝐧𝐜𝐞: These successful refinancing deals reflect strong lender confidence in the multifamily sector, suggesting a favorable investment environment. 🔹 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐝 𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐕𝐚𝐥𝐮𝐞: Continued lender interest in properties with strong fundamentals, like The Carter on the Park, indicates potential increases in property value and investment opportunities. 🔹 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲: The flow of refinancing deals highlights stability and resilience in the Seattle metro apartment market, showing ongoing demand and investor interest. Investors should view this as a sign of positive momentum and consider exploring opportunities in thriving submarkets like Redmond and Mercer Island. https://lnkd.in/emc6u923 #washingtonrealestate #pugetsoundrealestate #pnwrealestate  #pugetsoundmultifamily #pnwmultifamily

The 5-year K-Deal is back for the first time since 2016 — just one example of our work to adapt our offerings to align with ever-changing multifamily market conditions. Learn more about the innovative approaches we took in 2023 and how they helped us fulfill our countercyclical role in the industry. https://bit.ly/41P6UN8

So, here I am, sharing my story of resilience and determination. Join me 👇as I delve into the challenges, victories, and the hustle that comes with the multifamily realm. 🔗 https://lnkd.in/ehhJMYmU #multifamilyinvesting #passiveincome #financialfreedom

Are you interested in investing in multifamily real estate? Don't miss the upcoming Multifamily Field Trip on April 17th and 18th! This in-person event is designed to cover everything you need to know about investing in multifamily properties. On the first day, you'll learn about the state of the market, how to underwrite, and what pitfalls to avoid. You'll also receive guidance on deal structure and loan options, which are crucial factors to consider when making an investment decision. The second day is all about getting hands-on experience. You'll visit Class A, B, and C properties throughout DFW and get a behind-the-scenes look at how successful multifamily deals are run. The property owners and operators will be there to answer your questions and share their insights. After the Field Trip, you'll have the opportunity to network with over 200 owners and investors of multifamily real estate in DFW. Past attendees have raved about the event, stating that they learned more in 2 days than they had in years of trying to learn on their own. Don't miss out on this valuable opportunity to grow your knowledge and network! #multifamily #realestateinvesting #DFW