Recently, our founder, Chris Lento, joined The Real Estate Espresso Podcast, hosted by Victor Menasce, to discuss his journey in multifamily real estate investing and offer valuable insights into the current market. Chris shared his experiences, strategies, and how EM Capital has remained successful by focusing on high-growth markets across the Southeast.
Key Highlights:
- Strategic Focus on the Southeast: Chris moved his portfolio from Boston to North Carolina and Northern Florida, following population growth trends and job creation. He highlighted Atlanta’s diverse economy, with growth in the film industry and electric vehicle manufacturing sectors.
- Value-Add Investment Strategy: EM Capital targets properties from the 1980s or newer, with a focus on value-add opportunities that combine management improvements and property upgrades. This strategy aims to deliver strong returns by enhancing the properties and capturing rent premiums.
- Navigating Market Challenges: Despite rising interest rates and market uncertainties, Chris noted that EM Capital has been able to secure deals by avoiding competition from institutional investors. While distressed deals haven’t yet materialized, EM Capital is positioning itself to capitalize on opportunities as they arise.
Chris’ appearance on The Real Estate Espresso Podcast highlights EM Capital’s strategic approach to multifamily real estate investing. With a focus on value creation, market trends, and thoughtful investments, we continue to seek opportunities that deliver strong returns for our investors while navigating the complexities of today’s market.
Connect with Us:
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Connect with Chris Lento: LinkedIn.
Listen to the Full Episode: Available on Apple and Spotify.
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