On this episode of The Working Title Show with Zach Sams, Zach sits down with Andrew Castanos and Fritz Barton III of Clover Capital Partners to talk about the current state of multifamily real estate, the opportunities emerging from market distress, and why they believe Texas remains such a compelling place to invest.
The conversation covers the impact of rising interest rates, the “pretend and extend” strategy, distressed multifamily assets, changing cap rates, the challenges facing syndicators, and what Clover Capital looks for when evaluating an investment.
They also discuss the continued growth of DFW and other Texas markets, workforce housing, the importance of buying at the right basis, and why today’s market may create opportunities for experienced investors willing to take a long-term view.
Plus, Andrew and Fritz share their experience with Bonanza at the Border, the charity they’re supporting, and what makes the event more than just a golf tournament.
In this episode:
- The current state of the multifamily market
- Why distressed assets are creating new opportunities
- Rising rates and the impact on property values
- What “pretend and extend” means for real estate
- Why Clover Capital is focused on Texas
- Workforce housing and long-term demand
- The changing landscape for syndicators and investors
- Why DFW continues to attract businesses and residents
- The importance of buying at the right basis
- Bonanza at the Border and giving back to charity
A great conversation on real estate, investing, Texas growth, and finding opportunity when the market gets difficult.