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...
by Joe Stampone | Jan 17, 2022 | Career, Multifamily, Start a Company
I used to be a religious reader of the Howard Marks memos, but at some point they started to get a bit repetitive…“move forward, but with caution…” However, his most recent, Selling Out, really resonated with me. I’ve always believed real estate is best held...
