{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Multi-Family Grit","title":"Ep. 49 | Operating Costs Up 40% and Counting: The Math Nobody Wants to Talk About","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/dec855fd\"></iframe>","width":"100%","height":180,"duration":3477,"description":"In this episode, Kerri Davis, CEO and Founder of Fortress, sits down with David Lynd, CEO of The Lynd Company, for a candid, no-nonsense conversation about operational discipline, leadership through adversity, and the hard truths shaping the future of multifamily. Listen in to hear David:Share how growing up working on apartment sites—from digging sewer lines to running properties—shaped his relentless, data-driven approach to operations and why property management became the most challenging and rewarding work of his careerBreak down why operating expenses have surged more than 40% since 2019, why rents haven’t kept pace, and how technology, amenities, and herd mentality have quietly eroded value instead of creating itReflect on leadership, culture, and accountability—from building teams that thrive under pressure to redefining work environments that prioritize performance, trust, and long-term sustainability in one of the toughest market cycles multifamily has ever faced","thumbnail_url":"https://img.transistorcdn.com/uFVhc6EJfgRct-smn1m-RJKPUHdY7MRkAZ-mtWjbsmU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xZDNk/YWZhMWQ0MDhkNDIy/Njg5YmE1MjYzYmI4/NGI5ZC5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}