Continual Innovation in Developmental Projects “In the conversation with today’s guest, Scott Choppin, you’ll learn the following: Scott’s profile, in Billy’s guest introduction. The backstory and decisions made that led Scott to this point in his journey. Scott’s Urban Townhouse business model. The concept of Build-to-Rent, and generally doing things in a non-traditional way. How…
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Both Renting & Owning are Unaffordable for Average Workers Throughout the Country “The average three-bedroom rental is more affordable than owning a comparably sized median-priced home in 95% of the 222 U.S counties analyzed by ATTOM’s 2023 Rental Affordability Report. Consuming more than one-third of average wages in most major housing markets, both renting and…
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Yardi 2023 Update “Our overall outlook for multifamily asking rents has not changed much, although we have reduced our expectation for average asking rent growth for 2023 to 2.6% from 3.1%. The magnitude of that change is largely driven by the lowering of our forecasts in some large markets that have an outsize effect on…
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100% of US curve Inverted – so Recession isn’t imminent? “100% of the US #yieldcurve is now inverted. Give me your best (meaning substantiated) reason why this time will be different and there won’t be a #recession.” To Read the Original Article Click Here Subscribe to our regular newsletter and get exclusive access to our…
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The Future of Workforce Housing “There are Big Changes Ahead and Scott Choppin is on the tip of the arrow. If you have ever thought about building and developing real estate, you have got to listen to this podcast (especially if you live in California). Scott Choppin is revolutionizing the concept of multifamily with his…
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Layoffs Announcement Month-to-Date “Layoffs announcement month-to-date.” To Read the Original Article Click Here Subscribe to our regular newsletter and get exclusive access to our next investment opportunity. Recent Posts
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U.S. Apartment Sales Drop Off “U.S apartment sales cooled off significantly in Q4 2022– though the drop wasn’t maybe as severe as some expected given headwinds like rising cost of debt, cooling fundamentals and relatively modest movement (generally) in seller pricing expectations. MSCI Real Capital Analytics did report a 20 bps increase in cap rates…
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Tech Layoffs in 2022-2023 “Layoffs announced YTD: – Google: 12,000 (6% of workforce) – Microsoft: 10,000 (5%) – Salesforce: 8,000 (10%) – Amazon: 8,000 (2%) 38,815 tech workers have been laid off in 2023” To Read the Original Article Click Here Subscribe to our regular newsletter and get exclusive access to our next investment opportunity.…
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Building Affordable Multifamily Units for Hard Working Families “In this episode of The Real Build, I got the opportunity to sit down with top real estate agent Scott Choppin out of Long Beach, California. Scott and I talked about how someone can get started in multi-family development and how he runs his business. Scott’s business…
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U.S. Multifamily Outlook: Winter 2023 “Multifamily Outlook Hopeful Amid Volatile Economy After two exceptional years of performance, multifamily rent growth began moderating in the fall, a trend that will carry into 2023 as housing demand and economic growth weakens. The U.S. economy enters the year in good shape in respect to many measures, but all…
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