How LSCRE Executes Seamless Multifamily Takeovers in Houston Asset Management Deep Dive

In this episode of the LSCRE Podcast, Craig McGrouther sits down with Joe Pistorius, Asset Manager at LSCRE, to break down how strong asset management and execution drive consistent returns in multifamily real estate.

This conversation offers a behind-the-scenes look at Preserve at Copper Springs, a new Houston acquisition located between two of LSCRE’s best-performing assets. Joe explains how experienced onsite teams, operational synergies, retention strategies, and disciplined expense control create a clear path to execution.

🎙️ Topics Covered in This Episode:

Joe Pistorius’ role as an LSCRE asset manager

Managing high-performing Houston multifamily assets

Why clustering properties improves operational efficiency

Lessons learned from Preserve at Copperleaf & Discovery at West Road

How LSCRE achieves 95–97% occupancy

Why retention is more valuable than unit turn strategy today

Renewal rent increases of 5–6% in a flat rent environment

Early-bird renewal incentives and tenant retention strategy

Amenity fee rollout: bulk Wi-Fi, valet trash, gym & pool access

How amenity fees increase NOI without harming occupancy

What a smooth multifamily takeover actually looks like

Knocking on every door: resident-first transition strategy

Expense reduction through in-house teams and scale

Why this Houston submarket leads the city in absorption

Limited new supply and strong demographic fundamentals

Why execution matters more than aggressive projections

Risk mitigation through purchase price, location, and management

What makes a “safe” multifamily deal in today’s market

🏢 Key Takeaway:
Great multifamily deals aren’t made in spreadsheets — they’re won through execution, people, and operational discipline.

Learn more about LSCRE:
www.lscre.com