Ritter on Real Estate The Future of Multifamily Investing Post Pandemic with Steve Lamotte, Jr. (Part 2)
Steve LaMotte, Jr. is an Executive Vice President and co-leads CBRE Indianapolis-Louisville Multifamily.
He discusses a variety of topics including
- How the five-second rule applies to real estate
- The changes to the multifamily industry he has seen as we adapt to COVID-19.
- How he expects the industry to change going forward
- The increasing trend for renters and the demand for multifamily
- Impact of the pandemic on market dynamics
- Strategy changes he expects for investors in the future
Steve began his career in 1994 and has focused exclusively on the sale of apartment property throughout the Central US. Over the last 10 years, Steve and his team have led production in their markets on large, institutional-grade and high-profile assignments. His team is the overwhelming leader with $1.1B in volume in the Class “A” space since 2012. Steve is a member of CBRE’s Institutional Properties, a small group of national market leaders who focus largely on institutional-grade assets and transactions of size. He has been involved in the sale of more than $4 billion of apartment product and is routinely included among CBRE’s top 10% of Investment Properties producers nationally and is consistently the top producer in CBRE’s Indianapolis office.
Steve sits on the Advisory Board to the IU Kelley School of Business Center for Real Estate Studies and is a regular presenter to the IU real estate program. He sits on the Apartment Life Midwest Advisory Board. He has also served on the board of directors of the Indiana Commercial Board of Realtors. He is a regular presenter to the Louisville Apartment Association, Midwest Real Estate News regional events, various other organizations and trade groups, and has presented to the Indiana Bar Association, Indiana Apartment Association, Apartment Life and numerous other organizations.
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Kent
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