In today’s episode, we look at the current dynamics of the multi-family space with the National Council Chair of Multi-family Properties for SVN and Senior Vice President for SVN - Chicago Commercial Reid Bennett. Reid is a licensed managing broker specializing mainly in selling apartment complexes throughout the Midwest. He also had experience in the condominium conversion industry and brokering deals with buyers and sellers in the large apartment complex market.

Having a deep understanding of the nuances and analysis of multiple-unit apartment dwellings, he sits with us today as we delve into the multi-family property sector. He shares his insights on today’s multi-family market and how buyers and sellers could best deal with it.

Furthermore, he shares how he gets abreast of the latest data concerning the market. So, if you are interested in the multi-family space, tune in and keep yourself in the know.

Key takeaways:

• Reid’s career journey in real estate
• The current landscape of the multi-family market
• Adapting to the increase in fed rates
• The most vulnerable sellers in today’s market
• Buyer strategies for scoring attractive deals
• Prime markets for potential buyers
• Getting up to date with the latest market trends
• The importance of partnering up with people

Resources:

• Yardi Matrix - www.yardimatrix.com/Publications
• Real Capital Analytics - www.msci.com/our-solutions/real-assets/real-capital-analytics

Contact Reid Bennet:

• E-mail: reid.bennett@svn.com
• Phone: +1 (773) 251 7342
• LinkedIn: Reid Bennett, CCIM
• Twitter: @ReidBennettCCIM