Justin Goodin

Lots of multifamily investors are quitting

Some have switched to oil & gas or senior living. Some are now buying businesses.

Not because multifamily is a bad strategy.

The market had a huge reset over the last 3 years. A lot of deals got wiped out.

Even today, 99% of deals still do NOT make sense.

So naturally, investors will start looking elsewhere.

This is actually good news! (to some extent)

Less people looking into multifamily creates less competition. Less inflated pricing. And more opportunity for the rest of us.

What are your thoughts?

I'm happy to announce we received our FIRST signed lease at The Elwood in Kokomo!

(Before construction is even finished)

The Elwood will be the premier place to live in the city, and we look forward to welcoming our first residents soon.

Working with Ashlyn Nave, CAPS, CAM and the Willow Bridge team has been fantastic.

We can't celebrate just yet. We still have 113 more to go!