Multifamily

The company raised $748 million for value-add multifamily investment.

Proposals totaling $1.2B would convert unused office space into 1,000 apartments.

32K units expected, most pre-sold to investors planning to rent them out.

"You do have to be passionate about the industry, know the current market trends and be able to talk shop," says George Craft Jr., managing shareholder of Winstead.

Yardi Matrix says a recession will likely begin in the second half of 2023.

Apartment List opines about housing inflation and why its data differs from the BLS.

Prices drop 4.7%, the first dip since 2020, with fewest signed contracts since 2008.

Two-year ban doesn't cover temporary residents or homes worth less than $366K.