Metonic’s fourth annual Multifamily Investment Forum, held on October 22nd, featured expert panelists discussing the multifamily market outlook, acquisition and debt strategies, and build-to-rent (BTR) market trends.
Metonic CEO Jasin Alfaro opened the event with remarks on Metonic’s continued focus on midwestern multifamily markets. Alfaro, appointed in April, also spoke about his 26 years of investment management experience and his vision for Metonic’s future.
In the first panel, Metonic’s CLO Adam Kirshenbaum and Jay Parsons, Head of Strategy & Research at Madera Residential, discussed the current outlook of the multifamily investment market. Parsons explained the impact of recent interest rate changes on multifamily acquisition and construction. Focusing on the Midwest, Parsons discussed the opportunities presented by the ebb and flow of housing supply.
The next panel, moderated by Josh White, featured Jeff Royal, co-founder of Dundee Bank, and Jasin Alfaro. Royal and Alfaro examined multifamily acquisition and debt strategies, discussing how lower-than-predicted short-term interest rate drops have impacted acquisitions.
Wrapping up the event, Metonic President Kassie Inness sat down with Jay Parsons to discuss market trends in the emerging build-to-rent (BTR) space. The wide-ranging conversation touched on BTR in the Midwest, development strategies, and BTR programming and amenities.
Inness closed the conversation by previewing Metonic’s BTR plans. She gave a sneak peek into two potential BTR developments and highlighted Metonic’s ongoing project, Ravello Homes. Located across from Ravello 192 in Elkhorn, NE, Ravello Homes is a planned 134-home BTR community currently in the capital raise process.
The forum was well-attended by investors, lenders, Metonic construction partners, and real estate professionals from Omaha and across the Midwest.
Click to Scroll Though Photos
