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Jake and Gino Multifamily Investing Entrepreneurs

RCRE - Corona Economics with David Kahn

Jake and Gino Multifamily Investing Entrepreneurs

Jake & Gino

Buyingapartmentbuildings, Investingsmart, Multifamilyrealestateinvesting, Business, Smartinvesting, Jakeandgino, Apartmentinvesting, Investing, Commercialrealestateinvesting, Makingmoney, Buyingrealestate, Realestateinvestment, Wheelbarrowprofits, Realestateinvesting, Cashflow

5831 Ratings

🗓️ 1 April 2020

⏱️ 40 minutes

🧾️ Download transcript

Summary

Mike Taravella and co host Will Coleman interview David Kahn, the managing analyst for CoStar group concentrating on the Atlanta metro and the Southern United States.    Key Information: Keep an eye on the unemployment claims, Government stimulus package, daily rents. Rents react very fast when there is a disruption in the market. We have already seen a rental rate decline over the last few days. Government agencies seem to be all in when it comes to helping the economy recover. Not yet seeing a variance in rental rate declines between class A, B, and C apartments. In the short term it doesn’t seem like white collar jobs are being impacted as of yet however long term with interest rates so low we may see more of this class residents move towards buying a house. Other than supply chain issues, the industrial space looks relatively strong right now.    9-11% unemployment seems to be the most reasonable estimate so far.  GDP loss for Q2 is projected anywhere between  -12% to -25% however the good news is that the Q3 and Q4 GDP growth show more positive estimates.  There will be a pause from the capital markets however as of now buyers are still looking at deals and occupancy rates are still record high.  Keeping an eye on development over the next few months could lead to a lack of supply for multi-family over the next 12-18 months.  Expert Pro Tip: Check out CoStar News! Also check out WARN Reports which state the location and number of layoffs in each state.  Contact Information: [email protected]    To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/     Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre

Transcript

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0:00.0

Welcome to the RAN CRE show, commercial real estate with no stone left unturned.

0:09.9

What's up, everyone? This is Mike Taravella with the RANCRE show. I'm here with my co-host, Will

0:15.1

how's it going, man?

0:17.7

Hey, Mike, just running the marathon one step at a time and excited to have our guests on the show today.

0:23.1

Before we get our, you know, the show started, we just want to remind everyone with

0:26.8

RANCRE show.

0:28.8

We're hosted by yours truly.

0:31.2

At RANCRE, we're a vertically integrated real estate investment and advisory firm, providing

0:36.1

passive investment opportunities, but also helping

0:38.7

active investors with their financing, whether it comes to equity or debt. So if you have

0:44.9

any questions, reach out to us at rancore.com. Will, intro our rock star guests today.

0:52.8

Yeah, so David Kahn is a managing analyst for a co-star group.

0:56.5

He concentrates on the Atlanta Metro and southern United States covering regional,

1:00.6

economic, and real estate trends.

1:02.7

He also leads a team of analysts that provides insight into all commercial property types

1:06.4

in the market and sub-market level, which he presents to lenders, developers, brokers, owners.

1:12.4

David is a frequent speaker at industry events hosted by organizations such as BizNow, ULI, CCIM,

1:18.3

and I-C-S-C. Welcome to the show, David.

1:21.5

Thanks, guys. We wish I could have been here under different circumstances, but I'm happy to join us, as always.

1:29.6

I think I think Will forgot to mention the RAN Siri show, but we'll forgive him on that one.

1:35.8

Next one.

1:37.2

Yeah, so David, what's new in the markets?

...

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