Why does Birgo Capital dive right into workforce housing real estate while others shy away from it? And what’s our secret that’s led us to a 99.5% collection rate of our budgeted top line through a pandemic?
While a heightened sense of risk was clearly present for multifamily real estate investors in late March, the fast-moving dynamics of coronavirus response have contributed to a quick shift towards a different sentiment. Birgo Capital's principal Dan Croce is sharing a few observations as to why demand for multifamily properties -- and not cap rates -- might actually increase in the near term.
As the corona-dust begins to settle, many investors are wondering how to know when it is the right time to begin acquiring real estate again. Here is how we are thinking about acquisitions during a pandemic at Birgo Capital.
When the coronavirus public health crisis seized America by storm in mid-March, investors in residential rental properties struck a tone of concern regarding whether or not tenants would be able to pay rent in the coming months. Birgo Capital shares a deep dive into the data today.
For a little more than one month now, COVID-19 has had the multifamily real estate industry on its heels as we seek to determine what the pandemic’s impact will be on property owners’ ability to collect rents.