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...
by Joe Stampone | Feb 19, 2019 | Development, Innovation
G’day. How ya goin’? I spent the past two weeks exploring Australia. It’s an incredible place filled with modern cities, unique animals, beautiful landscape, great coffee, and welcoming people. As I like to do, I wanted to share some of my observations (I did...