Most marketed multifamily deals receive 10–30 offers.
Only 1 buyer gets awarded the PSA.
That means even qualified buyers lose 90%+ of the time.
If that surprises you, you’re underestimating how competitive acquisitions really are.
@TAYVAY_ I’m using it to generate t12 and rent roll analyses that populate into underwriting templates with sensitivity checkpoints - all built for the acquisition side. It’s mind blowing how much manual labor it’s able to do in seconds.
Interesting, I appreciate the info! I’m just getting into setting agents up. But I think a few different agents for different purposes (still at a wide scale) makes sense, one for a T12 analysis, one for a RR analysis, one for an OM analysis, and one for the financial model using the outputs from the other 3. Something along those lines.
@_Sweet_Lew@FirstSquawk Layoff announcements are up vs a relatively low January 2025 base, but that’s not the same as actual layoffs. Actual firing rates and unemployment remain relatively stable.
$160B worth of multifamily debt matures in 2026 (vs $100B in 2025).
Meanwhile FHFA just raised multifamily caps by $15B per agency (20% increase from 2025).
Fannie & Freddie will carry this refi wave.
Which is exactly why privatization is moving slower than headlines suggest.
@mhp_guy Also depends on how they’re using ChatGPT. Are you using it like Google, or are you try to get it to do projects for you, create spreadsheets, analyses, write ups, case studies. Doing the latter will put you ahead of the game.
What’s up with pushing your market rents right before listing?
I’m going to see your leased rents. Do you want an unsophisticated buyer who wouldn’t catch something this basic?