by Joe Stampone | Apr 12, 2020 | Market News, Multifamily
Over the past 3 weeks, nearly 17 million people filed for unemployment. True unemployment at this moment is about 18%, compared with just 3.5% as of the first week of March. Many of these individuals rent apartments, have little in the way of savings, and find...
by Joe Stampone | Mar 22, 2020 | Market News, Multifamily
I started my career in the real estate business in 2009, the bottom of the Global Financial Crisis. It’s been a historic 10+-year run for the multifamily sector. The combination of economic growth, organic rent growth, compressing cap rates, and sustained low interest...
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 | Jan 26, 2020 | Multifamily
The demand for multifamily remains strong, but the drivers of demand are often different than what most people think. Tell me if you’ve heard these two narratives: Millennials are moving more often so they prefer the flexibility of renting.Millennials have a shifting...
by Joe Stampone | Jan 2, 2020 | Innovation, Multifamily, Technology, Value-Add
I hope everyone had a great holiday and enjoyed some quality time with friends and family. I was able to disconnect and spend a week in FL with my family. The time off is great, but I’m eager to get back to work and tackle the big initiatives and goals I have for the...
