Multifamily Investment Podcast

In this episode of The Brinkman Report, host Kevin Brinkman and guest Chris Nebenzahl discuss the multifamily rental market’s current trends, including a supply-demand imbalance, rising interest rates, and cautious investor sentiment. While supply has outpaced typical absorption levels, strong demand and a pullback in new construction suggest stabilization ahead. They also explore challenges in cap rate compression, extended investment timelines, and highlight resilient markets like Denver and Boise. The episode closes with a look at the national housing shortage, emphasizing continued rental demand as homeownership remains out of reach for many.

In this episode of the Brinkman Report, host Kevin Brinkman, along with COO Dan Metzger and CFO Peter Yoo, explores the state of the multifamily market, particularly in the Mountain West. They discuss the sharp decline in new apartment starts following a peak in 2023, its impact on supply and demand, and regional rent growth trends—highlighting Boise and Missoula’s positive outlook versus Salt Lake City’s oversupply challenges. The conversation covers tenant retention strategies, labor market difficulties, and the insurance and financing landscape, where agency lenders offer competitive terms. They conclude with a stable outlook on interest rates, emphasizing the need for strategic management to navigate market fluctuations.

In this episode, Kevin Brinkman hosts an insightful discussion with legal expert Russell Hedman and entrepreneur Sasha Stern. They dive into their predictions for the economy in 2025, covering key topics such as interest rates, inflation, GDP growth, and the impact of AI on the labor market.

Discover their thoughts on the future of real estate, the potential for a soft landing in the economy, and the implications of deregulation in various sectors. They also explore the evolving landscape of sports team valuations and the transformative potential of autonomous vehicles on urban real estate.

In this episode of The Brinkman Report, Kevin Brinkman interviews John Chang, National Director of Research and Advisory Services at Marcus & Millichap, about the multifamily real estate market. They explore how interest rates and economic conditions are shaping supply, demand, and transaction dynamics. Chang notes a slowdown in new construction, particularly in secondary and tertiary markets, due to rising costs and high interest rates, which may lead to upward pressure on rents. While transaction activity has dipped since the 2021-2022 peak, significant capital remains poised for a resurgence if interest rates stabilize. Discussing potential recession risks, Chang expresses cautious optimism, citing strong consumer fundamentals and housing demand as key supports for the sector.

This month, Kevin welcomes Ian Silverii, host of the Get More Smarter podcast and a prominent figure in Colorado politics. Together, they discuss political shifts in key states, what a supermajority means for business and real estate, and Ian’s thoughts on prediction markets, poll reporting, and the future of US debt. Ian also shares why real estate investors should engage more with government to influence policy outcomes.

They dive into the implications of ranked choice voting, state and federal ballot initiatives to watch, and how a divided government might impact real estate investment. Plus, Ian gives a glimpse into what it’s like co-parenting with a U.S. Congresswoman. Don’t miss this insightful discussion on the intersection of politics, business, and family.

In this episode, we sit down with Marcel Arsenault, a real estate entrepreneur and philanthropist, to hear his incredible journey from making ice cream in his dorm room to becoming one of the largest private owners of commercial real estate in the western United States, with investments totaling $5.1 billion in acquisition value. Marcel shares the key strategies that have helped him navigate the ups and downs of the real estate industry—what he calls the “real estate rodeos”—and offers his grim forecast for the economy and thus the real estate buying opportunities that will likely arise in 2025.

Beyond business, Marcel and his wife have turned their success into a force for good by establishing foundations aimed at solving some of the world’s biggest challenges. As participants in The Giving Pledge, they are committed to using their wealth to make a lasting impact. Don’t miss this inspiring conversation with one of real estate’s most dynamic figures.

In this insightful episode, we sit down with the chair of an exclusive private group for Ultra-High-Net-Worth Individuals (UHNWI) to explore how the wealthiest among us strategically allocate their investment assets. From real estate to private equity and alternative investments, our guest shares firsthand knowledge of the trends and strategies employed by UHNWIs to grow and safeguard their wealth.

We’re joined by Doug Johnson, Chair of Tiger 21, who works closely with investors daily, offering practical advice on wealth creation and preservation. Whether you’re looking to understand the mindset of the ultra-wealthy or seeking actionable tips for your own financial journey, this episode provides valuable insights into the sophisticated world of UHNWI investments. Tune in to discover how the wealthiest stay ahead in an ever-changing financial landscape.

This month’s episode is all about the economy and peaking under the hood to see where professionals with the most skin in the game are placing their bets. We welcome Joe Hegener, Chief Investment Officer and founder of Asterozoa Capital Management, an alternatives investment manager and advisor. Joe and Kevin talk about recent developments in the economy, the many moving parts of the U.S. election, growing geopolitical tensions, fiscal policy, and more, and the predictions of the downstream effects on capital markets. Joe speaks to where he sees the economy going, his predictions on interest rates and the yield curve, and the many scenarios he’s watching to determine investment strategy for his clients.

In this month’s episode of The Brinkman Report, Kevin asks the million-dollar question: how do you forecast interest rates in this unprecedented market? The Wall Street Journal’s go-to expert on interest rate hedging, Carol Ng with Derivative Logic, shares how she forecasts interest rates for her clients and digs into the details of: how headlines move the market; why employment rates don’t tell the whole story; how political instability impacts the yield; how hedging is used in real estate; and more!