Multifamily Investing in a Market Reset: Capital Flows, Development & 2026 Outlook

What happens to multifamily real estate when the market resets — and where is smart capital moving next?In this episode of the LSCRE Podcast, Craig McGrouther sits down with Ari Rastegar, Founder of Rastegar Capital, to break down real estate cycles, capital flows, and large-scale development across Texas.Ari shares his journey from law to institutional real estate, and offers a candid look at:How multifamily investing changes during a market resetWhy capital flows are shifting away from traditional officeThe role of institutional investors vs accredited investorsDevelopment timelines, zoning, and entitlements explainedWhy underwriting discipline matters more than everTexas population growth, housing shortages, and long-term demandMaster-planned communities, industrial projects, and 3D-printed housingHow smart operators create value through cycles — not just bull marketsThis conversation dives deep into multifamily development, investor alignment, and long-term wealth creation, with real examples from Austin, Dallas, and the I-35 corridor.Learn more about LSCRE:www.lscre.com