Club Capital

Demographic shifts in the U.S. are driving changes in housing demand, with more individuals renting for longer periods. Millennials, traditionally the prime demographic for multifamily housing, are delaying homeownership due to high mortgage rates, rising home prices, and limited availability. This trend has led to an increase in single-person households and a growing preference for rental living. The 25-to-34-year-old age group, although shrinking, continues to play a significant role in the rental market. Many young adults are staying with parents longer or opting for rental housing due to affordability challenges. As a result, multifamily housing remains a robust investment, with absorption rates climbing despite demographic trends. Single-family rentals (SFRs) are also gaining popularity, offering the space of a traditional home without the financial burden of ownership. This shift highlights the evolving landscape of housing demand, where renting is becoming a long-term lifestyle choice for many. https://hubs.li/Q02Nc8wm0 #RealEstate #Investing #Multifamily #RentalHousing

It seems that the real estate investment market may finally be thawing after the cliff-dive in transaction activity we’ve seen over the past couple of years. According to CoStar Analytics, midyear transaction volume nearly matched that of 2023, but trends are pointing in the right direction. Q2 2024 saw a 9% increase in transaction volume, with $117B in properties changing hands. Fed Chair Jerome Powell’s stated today that “time has come for policy to adjust”, a positive sign for increased real estate transaction activity as analysts pencil the possibility of four 0.25% rate cuts before the end of the year. Neil Dutta, Head of Economics at Renaissance Macro suggested the possibility of large rate movement, referring to Powell leaving out the world “gradual”, a word used often by some other Fed officials in recent days. John Chang, the national director of research and advisory services at Marcus & Millichap, made some compelling points in a recent video, calling out multifamily, industrial and retail as sectors that should be in investors’ focus right now. “It looks like the Fed has changed it’s tune”, and it’s a tune I expect we can all start dancing to. #RealEstate #Investing #Multifamily #InterestRates

In Q2 2024, renter households in the U.S. increased at a rate three times faster than homeowner households. This growth is primarily due to the rising costs of homeownership, with median monthly mortgage payments increasing by about 5% year-over-year, compared to less than 1% for median apartment rents. Since the pandemic, asking rents have risen 23%, while mortgage payments have surged 90%. Homeownership grew by just 0.6%, while renter households expanded by 1.9%, reaching a record 45.2 million households. https://hubs.li/Q02KF2FZ0 #Multifamily #NavigatingMarkets #Apartments #Investment

The 2008 - 2009 financial crisis was a challenging time for many, and even Darin was no exception. During Darin's conversation with Axel Meierhoefer, he shared valuable lessons learned from starting a real estate syndication in such a tough economic climate. The commitment to investors and understanding market dynamics are and were key to Darin's success. If you're interested in how to navigate financial turmoil, this episode is a must - listen! 💡 Learn how to navigate market shifts and build wealth through resilience and strategic investments. 🔗 Watch the full episode here: https://hubs.li/Q02KF2FL0 Interested in learning more about Club Capital? Join our preferred investor club to get access to our latest investment opportunities and our education blogs and podcasts. https://hubs.li/Q02KF1q80 #RealEstate #Investing #Multifamily #OvercomingChallenges

Did you know that Texas and Florida are leading the nation in job growth and net migration? In Darin's latest podcast interview, Mark Yegge and Darin dive into the reasons behind these trends and what they mean for real estate investors. With favorable business climates and lower taxes, these states have become hotbeds for investment. Tune in to understand how these migration patterns create strong demand for housing and influence market conditions. 💡 Learn how to navigate market shifts and build wealth through resilience and strategic investments. 🔗 Watch the full episode here: https://hubs.li/Q02KDjV20 Interested in learning more about Club Capital? Join our preferred investor club to get access to our latest investment opportunities and our education blogs and podcasts. https://hubs.li/Q02KDnw_0 #Multifamily #NavigatingMarkets #Apartments #Investment

The U.S. housing market faces ongoing challenges, driving many potential buyers to rent instead. According to Marcus & Millichap's July report, existing home sales dropped to a six-month low in June, hindered by high costs and a limited supply of entry-level homes. Despite slight decreases in median home prices and mortgage rates stabilizing near 7%, affordability remains a significant issue. Renting has become $1,290 cheaper per month than owning, making it a more attractive option, especially for high-income households. The constrained housing supply and homeowners' reluctance to sell further complicate the market, particularly for first-time buyers. The shortage of entry-level homes continues to be a significant barrier, exacerbating the affordability crisis. Consequently, the rental market is experiencing increased demand and rising prices, trends that are likely to persist until more affordable housing solutions are developed. The report highlights the growing affordability gap between renting and buying, driven by high homeownership costs, including mortgage rates, property taxes, and maintenance expenses. As more households opt to rent, the rental market's demand increases, driving up prices. This situation underscores the need for addressing the affordability crisis in the housing market to create a more balanced and accessible homeownership landscape. https://hubs.li/Q02JFHC30 #Multifamily #NavigatingMarkets #Apartments #Investment

Darin Davis recently joined Dave Wolcott on the Wealth Strategy Secrets podcast to discuss his extensive experience managing over $1 billion in debt and equity. Darin discusses his journey through multiple market corrections, highlighting strategies for adapting to market shifts. Darin also emphasizes the importance of resilience, innovation, and philanthropy in building lasting wealth. Additionally, he introduces the Never Quit Initiative, a non-profit organization founded with his children, aiming to inspire and support others. 💡 Learn how to navigate market shifts and build wealth through resilience and strategic investments. 🔗 Watch the full episode here: https://hubs.li/Q02HSnZd0 https://hubs.li/Q02HSvfM0 Interested in learning more about Club Capital? Join our preferred investor club to get access to our latest investment opportunities and our education blogs and podcasts. https://hubs.li/Q02HSvJT0 #Multifamily #NavigatingMarkets #Apartments #Investment

The U.S. multifamily market is nearing a critical juncture, driven by significant economic improvements and shifting market dynamics. Year-to-date multifamily absorption has surged by 75% compared to the first half of 2023, a clear indicator of growing demand. This increase is underpinned by the creation of 500,000 new jobs in Q2 and a rise in real wages, reflecting broader economic health. According to Cushman & Wakefield's Q2 2024 report, multifamily vacancies have decreased by 10 basis points, with a notable 138,000 units absorbed. Despite the current national vacancy rate standing at 8.6%, it is projected to decline over the next year, suggesting a tightening market. The report highlights a substantial rise in net absorption, totaling 138,111 units, which underscores the robust demand for multifamily housing. Market rent has also seen an uptick, reaching $1,849, though future rent growth is expected to moderate. This trend suggests that while the market remains strong, it may be approaching a stabilization phase. The increase in absorption and decrease in vacancies signal a positive outlook for investors and stakeholders in the multifamily sector. https://hubs.li/Q02JFg4Q0 #Multifamily #NavigatingMarkets #Apartments #Investment

In this comprehensive episode, Darin Davis joins Harborside Partners on the Global Investors Podcast, where he provides an in-depth look at HUD multifamily loans, highlighting their potential to revolutionize real estate investments. He explains the loan types, application process, and eligibility requirements, offering practical advice on navigating the complexities of HUD financing. The discussion also covers the long-term benefits of these loans, including lower interest rates and longer amortization periods, making them an attractive option for investors aiming to grow their multifamily property portfolio. 💡 Tune in to discover how HUD multifamily loans can enhance your investment strategy and unlock new opportunities in the real estate market. 🔗 Watch the full episode here: https://hubs.li/Q02HxMX40 https://hubs.li/Q02HxL7W0 Interested in learning more about Club Capital? Join our preferred investor club to get access to our latest investment opportunities and our education blogs and podcasts. https://hubs.li/Q02HxGxF0 #Multifamily #RealEstate #Debt

Darin Davis recently joined Stan Miller and Katie Beth hand on the Legacy Leaders Podcast, where he shares his journey from being an employee to becoming a successful entrepreneur. Darin discusses the challenges he faced, the pivotal moments that led to his transformation, and the strategies that helped him achieve his goals. Key takeaways include the importance of mindset, the value of mentorship, and practical tips for aspiring entrepreneurs. 💡 Whether you're considering a career change or looking to scale your business, this episode is packed with actionable advice. 🔗 Watch the full episode here: https://hubs.li/Q02HxvGh0 Interested in learning more about Club Capital? Join our preferred investor club to get access to our latest investment opportunities and our education blogs and podcasts. https://hubs.li/Q02HxGxz0 #Entrepreneurship #BusinessSuccess #CareerChange #Mentorship #ClubCapital