by Joe Stampone | Sep 11, 2020 | Asset Management, Market News, Multifamily
If you work in multifamily real estate (especially workforce housing), you’ve probably spent a lot of your time recently monitoring collections, modifying payment procedures, and working with delinquent residents. You’ve been closely tracking the various eviction... by Joe Stampone | Mar 10, 2020 | Asset Management, Multifamily
Many multifamily operators (Atlas included) utilize 3rd party property management to oversee the day-to-day management of their properties. It’s great in many ways. You can maintain a lean team, utilize the resources of a large institutional management firm, and make... by Joe Stampone | Feb 14, 2020 | Asset Management, Innovation, Multifamily, Technology, Value-Add
Direct to consumer brands (think Harry’s, Warby Parker, and Casper) have stolen market share from the incumbents. Their success isn’t because they have a slightly better product, it’s because they are obsessed with connecting with the customer. Real estate...
by Joe Stampone | Jul 14, 2019 | Asset Management, Career, Entrepreneurship, Innovation, Technology
Every so often I scan through the real estate forum on Wall Street Oasis and I recently came across an interesting thread titled ‘Contrarian Thesis: Acquisitions is the Least Interesting Job in Real Estate’. The post argued that acquisitions is a repetitive job...
by Joe Stampone | Jun 4, 2019 | Asset Management, Development, Entrepreneurship, Innovation, Multifamily
Multifamily development has picked up considerably over the past few years, as the demand for high-quality apartment communities near major employment centers and entertainment has increased. Driven by demographics, couples getting married and having kids later,...
by Joe Stampone | Mar 31, 2019 | Asset Management, Career, Entrepreneurship, Innovation, Multifamily, Technology, Value-Add
In my role at Atlas, I oversee our value-add multifamily strategy. We buy 1970’s – 1990’s class B value-add properties and seek assets that are priced below replacement cost and comparable sales, where we can add value at then property level, and that are in markets...