Multifamily Trends with Dr. Ryan Davis of Witten Advisors

Dr. Ryan Davis, COO of Witten Advisors joins Trademark CEO and founder, Terry Montesi, and Chad Colley, Trademark’s multifamily partner, to discuss macro-economic trends for the US multifamily sector, with a specific focus on the Sunbelt. Ryan dives into COVID’s impact on multifamily, and identifies several trends that might impact the next five years. The three discuss multifamily construction and investment, and potential threats that could slow down the booming sector.

Due to the holiday season, this is the last episode of Leaning In for 2021. Be sure to follow the show on your preferred podcast app to hear new and exciting episodes starting in January.

Timestamps

(0:58) - Ryan’s background and career

(3:47) - How do you add value and manage risk for your clients?

(5:29) - Can you give us a macro view of multifamily supply and demand in the U.S. right now?

(10:10) - What are you seeing for Supply and Demand from the major Texas cities?

(17:14) - What do you hear from institutional clients as they think about investing in Texas and other Sunbelt markets?

(21:42) - Do you think the flight to the suburbs is sustained or will we see an influx back to cities?

(23:49) - Do you see Gen Z wanting to live in the suburbs over the urban core?

(25:34) - Has the supply slowed in walkable urban infill areas over the past few years?

(26:27) - What’s next on your radar as you see institutions are saying they have to lower their IRR target rates to stay competitive via compressing cap rates?

(28:39) - Do you see anything on the horizon that could potentially slow down multi-family’s momentum in the US or at least in the Sunbelt markets?

(32:34) - What is the impact of rapid increase in home prices on the multifamily business over the next five years?

(35:36) - What advice would you give to Trademark as we enter the multifamily development business?

(38:38) - How do you see the DFW market compared to Austin?

(39:20) - What other notable trends do you see coming down the pipeline?

(42:51) - Have you seen multifamily in mixed use, walkable areas getting premiums? Will they continue to justify premiums going forward?

(44:09) - Are there any new or evolved multifamily housing concepts that you find particularly interesting?