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 levels

If you have any questions, please send me an email at brandon.roth@ipausa.com.