by Joe Stampone | May 21, 2022 | Development, Innovation, Multifamily
It’s an interesting time in the multifamily development space. Although rents have surged, construction costs, labor, and land prices have increased significantly as well, making it difficult to build anything but luxury projects designed for the affluent renter. At...
by Joe Stampone | Apr 16, 2022 | Development, Multifamily
After 12 years of living in cities, my family bought a house and moved to the suburbs in 2021. We settled in a classic North Jersey train line town, with idyllic tree-lined streets and vibrant downtown. It’s a great place to raise a family. For the most part, we’ve...
by Joe Stampone | Mar 20, 2022 | Market News, Multifamily, Value-Add
It’s no secret multifamily valuations are through the roof with cap rates at all-time lows as capital pours into multifamily real estate, especially in high-growth southeast markets. In addition to cap rate compression, we’re experiencing unprecedented rent growth,...
by Joe Stampone | Feb 26, 2022 | Value-Add
I was talking with a colleague recently about the differences in our two primary investment strategies; class B/C value-add and ground-up development within Opportunity Zones. These are two opposite ends of the apartment spectrum. He made a comment that he loves the...
by Joe Stampone | Feb 15, 2022 | Development, Entrepreneurship, Innovation
Some of the most interesting real estate deals today are vacation rentals, which is a subset of the more broadly known STR (short-term rental) space. These investments offer the potential for outsized returns and combine my passions for branding/marketing, creating...
