In this episode of Real Talk, I speak with Jay Parsons of Madera Residential, ​​a Lubbock, Texas-based property investment company with offices in Dallas and Houston that specializes in investing in and transforming apartment communities across Texas and beyond.

We discuss:
Why there is a disconnect between the Fed and property owners as it relates to multi-family rental rates
Solving for the missing middle
When will we see more distressed multi-family deals


Learn more about Jay Parsons:
Connect with Jay on LinkedIn:   / jay-parsons-a7a6656  
Read Jay ‘s bio on Madera Residential’s website: https://maderaresidential.com/about-us

Key moments:
0:31 – Intro
4:28 – Jay’s market research on multifamily trends
11:29 – Net effective rent
13:05 – From the sunbelt to coastal markets
19:35 - About Madera Residential
23:03 – Capital for new construction
26:08 – Favorable markets
27:43 – 2024 predictions

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In each episode of Real Talk: Real Estate Discussions, Andrew Kirsh interviews industry leaders to learn their real-time opinions on today's market, their background and unique career highlights, and guidance for newcomers to the industry.

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Andrew Kirsh is a founding partner of Sklar Kirsh LLP and is the Chair of the firm’s Real Estate Department. Sklar Kirsh LLP is a boutique law firm providing services in corporate law, real estate, entertainment, bankruptcy, and litigation.

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