Real Estate Investment Strategy & Data Analytics: US Multifamily & Rental Housing Niches in 2024

Commercial real estate investment professionals must make wise decisions, yet we’re awash in often meaningless and contradictory information that passes for “data.” This program will give you the tools to form an integrated real estate investment perspective that enables action and, most importantly, better results.

Taught by a real estate economist and data expert, new and experienced real estate investors alike will learn to use technology, proprietary data, and a proven framework to form a cohesive strategy, elevate decision-making, and improve investment outcomes. 

This program is built on the data and results that fuel commercial real estate investment strategies and execution. It is explicitly designed to clear out the noise and zero in on the fundamental drivers of US Multifamily real estate value, both core and niche play — and then create a range of strategies responsive to both market conditions and your selected capital expectations to execute on the creation of value.

We’ll cover global and US-specific macroeconomics, financial market conditions, the drivers of wealth creation in any given society and the role of “place” in it, demographics (both the aging of the population and the collapse of international immigration), de-globalization and its implications, the dynamics and measurement of regional, local, and neighborhood economies, and then the identification of specific assets most likely to align with the resulting investment strategy. Domestic Migration patterns, accelerated by COVID and the redefinition of where “office work” is or can be performed for many workers, reshaping whole regions and metropolitan areas within them, and even housing markets that had previously been considered too small for non-local investors. 

We will avoid the hype, examine the reality, and the lasting implications of what’s been occurring in areas including:

• Inflation – We’ll cover the sources of inflation (money supply growth, disruption of transportation, goods, labor, food, and energy markets), the resulting Federal Reserve interest rate response, and the interaction of short- and long-term interest rates in its eventual control and the demand destruction (recession) likely to result. We’ll cover the interaction of these with real estate income and valuation.
• Inflation Reduction Act, Re-Industrialization, and Domestic Growth Markets – We’ll examine the impact of 2022’s Inflation Reduction Act (IRA) and how it spurs re-industrialization in previously overlooked markets, which now presents a rental growth opportunity. 
• Public Policy Responses to Housing Affordability – We’ll review the varied policy responses to housing affordability concerns, from embracing market-driven development to policies enabling rent control and their impact on local markets.

We will look at the niches of rental housing, including:

• Office Conversions to Multifamily
• Affordable and Workforce Housing 
• International Market Rental Investment (UK, Germany, and Australia)
• Single Family Rentals/ Single Family Built-to-Rent 
• Student Housing

Finally, we’ll cover a range of investment strategies, from CORE, Value Add, Distress (and near-distress), as well as the Development decision and how and when to pivot between strategies, and we’ll draw from proprietary data sets as well as compilation of existing publicly available data.