1min snip

Leading Voices in Real Estate cover image

Steve Kimmelman | Founder, CEO and Executive Chairman of Redwood Living

Leading Voices in Real Estate

NOTE

Baldi Family Slash BTR That Makes This Feasible

The company has an active pipeline with the potential for 15,000 units, despite a moment of oversupply in the apartment business. Although most developers are pausing on development, the company's growth has slowed due to increased funding costs. However, demand still exceeds supply, indicating long-term viability. Despite decreased growth rate, the company remains focused on scaling and expanding, backed by its typical Loan-to-Value ratio.

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