JF3651: Pivoting from C-Class to B-Class Multifamily, Overcoming Texas Insurance Hikes, and Scaling to 2000 Units ft. Eric Chadderdon
The Best Ever CRE Show
Best Ever CRE
4.8 • 983 Ratings
🗓️ 2 September 2024
⏱️ 27 minutes
🧾️ Download transcript
Summary
Eric Chadderdon, founder and managing partner of Gibby's Capital Investments, discusses the changes in the multifamily real estate market in Texas over the past few years. He talks about the challenges of rising property insurance costs and the impact of new multifamily developments hitting the market at the same time. Eric shares how his investment criteria have changed, focusing on B+ and A- assets in newer markets. He also emphasizes the importance of building relationships with brokers in multiple markets and being open to new opportunities.
Eric Chadderdon | Real Estate Background
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Transcript
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