by Joe Stampone | Sep 16, 2019 | Development, Innovation, Multifamily
The way people are living, and traveling has fundamentally changed and the lines between apartments and hotels have blurred. Guests and renters are no longer constrained by a market flooded with watered-down options and brands dictating the experience. Today, renters...
by Joe Stampone | Aug 5, 2019 | Development, Innovation, Multifamily
We’re in the midst of a multifamily development boom. If you’ve been to any major city over the past few years, you see ‘stumpy’ midrise developments everywhere. The forgettable stick-frame buildings all look similar. They are relatively cheap to construct, go up...
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 | Apr 27, 2019 | Development, Innovation, Multifamily, Technology
My answer to the question posed in the title is ‘I have no idea’. However, I’m a firm believer that homeownership is not the best path for everyone and that the role of homeownership in the U.S. has been skewed in a way that is dangerous. The term ‘American Dream’...
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...
