David Moghavem was hosted with 3 other esteemed guests in the Real Estate Multifamily industry at IMN's annual Florida Middle-Market Multifamily Forum in Coral Gables, FL at The Loews Coral Gables. Their conversation delves into the complexities of the real estate market, focusing on the interplay between cap rates, interest rates, and market dynamics. The speakers, all experienced professionals in real estate development and investment, discuss the current state of the market, the challenges posed by rising interest rates, and the implications for future investments. They explore operational distress, the impact of supply and demand, and the importance of understanding regional market differences. The discussion also highlights strategies for navigating the current landscape, including the need for flexibility and the potential for future opportunities as interest rates fluctuate.
Moderator: Fernando Levy Hara, Principal, Unico Developers
Panelists:
David Moghavem, Director of Acquisitions, Trion Properties
Branko Kuzmanovic, Director of Acquisitions, Empira Group
Jeffrey Ardizon, Principal, The Estate Companies
Chapters:
00:00 Intro
01:52 Understanding Cap Rates and Interest Rates
07:16 Market Trends and Operational Distress
09:58 Navigating Construction and Value-Add Strategies
13:01 The Impact of Supply and Demand
15:52 Investment Strategies in a Changing Market
18:39 Regional Market Comparisons
21:18 Future Projections and Market Sentiment