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E99: Multifamily Value Creation Through Expense Optimization
Manage episode 489079583 series 2892956
In this episode of the Lone Star Capital podcast, Craig McGrouther and I sit down with Sam Morris to discuss the significant positive shifts happening in the multifamily market after three challenging years.
We reveal how our property insurance costs just dropped 32% at renewal, potentially adding millions in property value and increasing investor distributions by nearly 1%. We share exciting success stories from our portfolio, including record-breaking collections at multiple properties and Preserve at Copperleaf achieving an incredible 234 paid-up units out of 238 possible.
Our conversation also explores why deal flow remains challenging in 2025 despite these improving fundamentals, with San Antonio seeing only six transactions in Q1 with an average property vintage of 1972, highlighting the persistent bid-ask spread gap in the market.
Apply to attend the LSC Summit 2025:
www.lscsummit.com
Download our FREE Passive Investor Guide:
https://www.lscre.com/content/passive-investor-guide
Subscribe to our newsletter and get the FREE Underwriting Toolkit:
https://www.lscre.com/resource/fof-underwriting-toolkit
Learn more about Lone Star Capital:
www.lscre.com
Follow me on LinkedIn:
https://www.linkedin.com/in/rob-beardsley
Read my latest articles:
https://www.lscre.com/blog
313 episodes
Manage episode 489079583 series 2892956
In this episode of the Lone Star Capital podcast, Craig McGrouther and I sit down with Sam Morris to discuss the significant positive shifts happening in the multifamily market after three challenging years.
We reveal how our property insurance costs just dropped 32% at renewal, potentially adding millions in property value and increasing investor distributions by nearly 1%. We share exciting success stories from our portfolio, including record-breaking collections at multiple properties and Preserve at Copperleaf achieving an incredible 234 paid-up units out of 238 possible.
Our conversation also explores why deal flow remains challenging in 2025 despite these improving fundamentals, with San Antonio seeing only six transactions in Q1 with an average property vintage of 1972, highlighting the persistent bid-ask spread gap in the market.
Apply to attend the LSC Summit 2025:
www.lscsummit.com
Download our FREE Passive Investor Guide:
https://www.lscre.com/content/passive-investor-guide
Subscribe to our newsletter and get the FREE Underwriting Toolkit:
https://www.lscre.com/resource/fof-underwriting-toolkit
Learn more about Lone Star Capital:
www.lscre.com
Follow me on LinkedIn:
https://www.linkedin.com/in/rob-beardsley
Read my latest articles:
https://www.lscre.com/blog
313 episodes
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