The Best Ever CRE Show JF 4055: Buy Box Discipline, Dallas Suburbs and Senior Living ft. Victor Collazo
Oct 11, 2025
Victor Collazo, co-founder of Extraordinary Assets and a multifamily investing expert, discusses his strategy focusing on 50–100 unit Class B properties in the Dallas suburbs. He prefers these markets for their stability over pricier areas like Florida, citing tax issues and competition from new developments. Victor also shares insights on expanding into senior living due to demographic demand and his transition to relationship-based capital raising. Additionally, he explores emerging opportunities in data centers as AI infrastructure needs rise.
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Sweet Spot: Midsize Class B Multifamily
- Victor targets 50–100 unit Class B apartments under $10M because it matches his capital-raising and operational strengths.
- He avoids larger institutional deals to prevent direct competition and preserve cash-flow strategy.
Florida Compression Squeezes Returns
- Victor avoids West Palm multifamily because high prices, taxes, and insurance compress returns.
- New construction and amenity-heavy product erode value-add spreads for B-class owners in Florida.
'Boring' Markets Offer Stability
- Victor prefers Dallas suburbs like McKinney because job and population growth create stable demand.
- He calls 'boring' markets attractive because stability reduces vacancy and downside risk.