One Thirteen West Webinar

Tait Duryea connects with Hunter Thompson and Tyler Lyons of Asym Capital to examine One Thirteen West Apartments, Turbine Capital’s first multifamily investment opportunity in a year. They discuss acquiring 2023 construction at a substantial discount, improving underperforming operations, leveraging neighboring properties, and using conservative fixed-rate financing. The conversation also covers Phoenix’s economic tailwinds, limited new supply, rent-versus-owning economics, projected returns, and why the team believes the current market presents an attractive entry point for multifamily investors.Hunter Thompson, founder of Asym Capital, and Tyler Lyons, the firm’s Chief Investment Officer, specialize in acquiring multifamily properties in the Phoenix market. They discuss: (00:00) Why Asym chose Phoenix (06:50) Buying at a major discount (09:37) Operational upside at 113 West (14:40) Improving expenses and management (19:33) Conservative fixed-rate financing strategy (23:38) Why Phoenix keeps growing (27:27) Multifamily supply begins normalizing (30:54) Buying near a cyclical low (38:41) Investor classes and target returns (43:00) Return structure and downside sensitivity Links & Resources:Turbine Capital Events Calendar: https://www.turbinecap.com/calendarOne Thirteen West Deal Room: https://www.turbinecap.com/one-thirteen-west Investor questions, KYC, subscription documents, or accreditation support: [email protected] Capital Private Podcast:Spotify: https://open.spotify.com/show/0IWgXJwFJY1Xiw13SfuCnZ?si=87be61dfe5fb415dApple: https://podcasts.apple.com/us/podcast/turbine-capital-private-podcast/id1831346026If you have any questions, please feel free to email [email protected] more about Turbine Capital: Website: https://www.turbinecap.comFacebook: https://www.facebook.com/turbinecapInstagram: https://instagram.com/turbinecapitalThe information discussed in this episode is for informational and educational purposes only and should not be considered investment, tax, or legal advice. Nothing discussed in this episode constitutes an offer to sell or a solicitation of an offer to buy any securities. Any opinions expressed are those of the participants at the time of recording and are subject to change without notice. Investments discussed may not be suitable for all investors and involve risk, including the potential loss of principal. Past performance is not indicative of future results. Prospective investors should review all applicable offering documents and consult with their own financial, tax, and legal advisors before making any investment decision.