Investor Education

Apartment Development

Apartment Development “The first installment of a podcast that focuses on Multi-family investment real estate in the Long Beach/ Los Angeles region. Today’s guest is Scott Choppin, owner, and founder of The Urban Pacific Group of Companies, a developer of apartment complexes.” For full transcript click here Expand COMING SOON! Subscribe to our regular newsletter…

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SPAC Boom Ends in Frenzy of Liquidation

SPAC Boom Ends in Frenzy of Liquidation “Roughly 70 special-purpose acquisition companies have liquidated and returned money to investors since the start of December. That is more than the total number of SPAC liquidations in the market’s history, according to data provider SPAC Research. SPAC creators have lost more than $600 million on liquidations this…

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California’s Population Shrinks for Third Straight Year

California’s Population Shrinks for Third Straight Year “Between July 2021 and July 2022, the number of California residents dropped from 39,142,991 to 39,029,342 — a loss of about 114,000 people, the new data shows. There were more births than deaths in the state, and 125,715 immigrants made their homes here in that one-year span. Most…

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Lumber Prices at their Lowest Levels since 2020

Lumber Prices at their Lowest Levels since 2020 “Construction material prices are coming down…” 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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5 Bed 4 Bath Combined Income Housing

5 Bed 4 Bath Combined Income Housing “Scott Choppin is the founder of Urban Pacific and is based in Long Beach, CA. This is a real estate development company that focuses on 5 bed/4 bath combined income housing on urban infill. This affordable housing concept is currently being developed in California and the western U.S.”…

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Tech’s Bust Delivers Bruising Blow to Hollowed-Out San Francisco

Tech’s Bust Delivers Bruising Blow to Hollowed-Out San Francisco “San Francisco faces a $728 million budget gap over the next two fiscal years. About 72% of the SF economy is driven by office-based industries, and the office-vacancy rate has soared to more than 25%—in turn hurting local businesses dependent on workers.” To Read the Original…

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U.S. Building Permits Collapse in November, Multi-Family Plunge

U.S. Building Permits Collapse in Novemeber, Multi-Family Plans Plunge “Housing Permits are down over 22% YoY – the biggest drop since 2009 (with single-family permits -29.7% YoY and multi-family down 10.7%)…Under the hood, this is the 9th straight month of single-family housing unit permit declines. But more notably multi-family permits plunged. On the Starts side,…

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Yardi November National Report

Yardi November National Report Yardi November National Report: “Multifamily Rents Turn Negative Headwinds are slowing multifamily growth, following months of economic slowdown. Still, compared to historical standards, rent, occupancy and absorption will end the year strong. ■ Facing a variety of economic headwinds and deteriorating demand, multifamily rents finally turned negative in November. U.S. asking…

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Development in a Difficult Market

Development in a Difficult Market “Scott Choppin is based in Long Beach, California where he specialized in new construction workforce housing. You will learn a ton from this conversation on development in a difficult market. Check it out!” For full transcript click here Expand COMING SOON! Subscribe to our regular newsletter and get exclusive access…

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The Fed and Banks are Putting the Squeeze on Multifamily Cap Rate Spreads

The Fed and Banks are Putting the Squeeze on Multifamily Cap Rate Spreads “The critical question is, what does a tight cap rate spread mean for multifamily investors in the era of rate hikes? As shown in Figure 3, cap rates with tight spreads are highly likely to increase under the upward pressure of rising…

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