Jan. 30, 2023

MB355: Our Multifamily Market Outlook for 2023 – With Drew Kniffin

MB355: Our Multifamily Market Outlook for 2023 – With Drew Kniffin

As with most things, the economy goes through different seasons. And prior to the pandemic, it was red-hot summer in the real estate market.

COVID caused a quick Arctic freeze, but things warmed up again and multifamily prices peaked in March 2022.

Then we skipped fall and landed right in winter.

And while it’s hard to predict how long this season might last, there are things we can do to endure the cold and put ourselves in a position to thrive in the coming spring.

Drew Kniffin serves as Partner at Nighthawk Equity where he manages all aspects of our $300M portfolio, including acquisitions, asset management and raising capital.

Prior to joining Nighthawk, Drew enjoyed a successful career in corporate finance and grew a portfolio of 400 of his own residential units.

On this episode of Financial Freedom with Real Estate Investing, Drew sits down with Garrett and me to discuss the economic trends we’re monitoring closely at Nighthawk and how the team has adjusted to the changing multifamily market.

We explain how rising interest rates are squeezing your average operator and why we expect a flood of opportunities to buy in the next 12 to 18 months.

Listen in to understand why apartments are an excellent investment in an economic winter and get our multifamily market outlook for 2023!

For full episode show notes visit: https://themichaelblank.com/podcasts/session355/