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Scott Everett founded S2 Capital in 2012 to acquire multifamily Real Estate. In the past 11 years as CEO of S2 Capital, he has built a Real Estate investment company that has transacted on $10B of multifamily assets totaling 45,000 units and 3 operating companies that generate annual revenues in excess of $400M with over 600 employees. This is Scott's second appearance on Fort, if you want to hear his first episode, you can do so here.
On this episode, Chris and Scott discuss:
➡️ reflecting on Scott's fixed rate debt claims
➡️ capital markets & slowing rent growth
➡️ bear market predictions
➡️ S2's strategy going forward
Additional Resources
👉S2 Capital
👉Scott's First Appearance on Fort
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Timestamps
(00:06:25) Reflecting on last year: Fixed Rate Debt
(00:13:51) Factors creating deal flow in Multifamily
(00:16:36) Capital Markets
(00:21:57) Slowing Rent Growth
(00:23:29) Equity and lending in the next 24 months
(00:27:11) What are capital providers wanting to see in the next year?
(00:33:31) Debt markets
(00:34:40) A Bear-ish market prediction
(00:44:35) What metrics matter to you the most?
(00:50:19) S2’s strategy going forward
(00:55:47) What kills growth markets?
(01:00:22) Is the sun belt still the place to be?
(01:02:02) How are you thinking about pacing your capital deployment?
(01:06:16) How are you leading your company in this environment?
(01:08:40) How are you thinking about AI?
(01:12:31) How do you generate deal flow that isn’t acquiring assets?
(01:16:31) What’s your approach to development?
(01:18:49) What will consume your days over the next 10 years?
(01:22:33) What do you envision S2 looking like in 10 years?
(01:24:26) Why Scott left Twitter
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The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.
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