by Joe Stampone | Nov 23, 2022 | Career, Multifamily, Value-Add
When I look back at my time at Atlas over the past 11 years, the mistakes we’ve made have primarily been selling multifamily assets too soon. Selling class B assets in Tampa or Salt Lake in 2016/17, for example. These mistakes inspired me to put a note on top of the...
by Joe Stampone | Sep 28, 2022 | Career, Multifamily
I’ve been on vacation the past few days, largely ignoring the deluge of headlines and incessant barrage of market news (what a week to be away!). It’s tough at first because tracking the latest news feels a bit like sport, but over a few days I’ve begun to realize...
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...
by Joe Stampone | Jul 3, 2021 | Career
I recently celebrated my 10-year anniversary with Atlas, where I joined as the first hire in May 2011. When I started with the firm, I was single and living with two friends in NYC. I’m now married with two kids and a dog and live in the Jersey suburbs. A lot has...
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 | 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...
