Ep. 6 - Multifamily Market (Alex Tartaglia - IPA)

Alex Tartaglia is part of IPA's multifamily investment sales team in Northern California. They've sold approximately 50% of all institutional multifamily sales in the Bay Area over the past 10 years, including nearly $400M year-to-date.  Our conversation covered many topics, such as:- Current BOV, tour, and bid activity compared to 2023- Going-in vs stabilized cap rates by risk profile- How buyers are thinking about negative leverage- Buyer demand for different regions of the Bay Area- Where buyers are getting more aggressive on their underwriting- Seller motivation and priorities- Distressed sales- Impact of affordability restrictions- When deal volume will be back to pre-pandemic levelsIf you have any questions, please send me an email at [email protected].