Leaning In The Multifamily Market: 2024 Insights with Kimberly Byrum
Get a retrospective and a forward-looking perspective on multifamily from Kimberly Byrum, Zonda’s Managing Principal of Multifamily, in conversation with Trademark’s Chad Colley, Multifamily & Mixed-Use Partner.
The two explore the challenges and triumphs of the asset class, touching on topics including inflation, the capital market, and the practicality of office conversion.
Kimberly draws from over 25 years of experience to make bold predictions for 2024, provide insights into DFW’s resiliency and other prime markets, and explore emerging development and design trends such as build-to-rent single-family housing.
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Topics:
(00:00:00) - Intro
(00:01:03) - Kimberly’s background and career
(00:03:49) - What headwinds were you predicting for 2023?
(00:07:04) - What trends do you predict for multifamily in 2024?
(00:12:50) - Dallas as an undersupplied market
(00:16:25) - What markets are going to be hot for multifamily in 2024?
(00:21:37) - Single-family design trends
(00:25:17) - Build to Rent
(00:27:26) - Are the pandemic escape markets seeing a cool down?
(00:28:53) - Is Austin the new Silicon Valley?
(00:29:32) - Capital markets
(00:35:11) - Office to Multifamily conversions
(00:38:32) - What do renters want in today’s market?
(00:47:07) - Final thoughts