Kingbird Investment Management

Kingbird's Class B portfolio of properties is experiencing year-over-year rent growth, and "the new Class A supply is not competing against our assets," says our COO and CFO, Luis Raul Sola Benítez, in an article in today's GlobeSt.com about rents for Class B and C Apartments. Read the article and let us know your thoughts in the comments. https://lnkd.in/eqGgRMrZ #alternativeinvestments #realestateinvestment #multifamily

Bloomberg reporters @Matthew Boesler and @Jennifer Epstein make the case in a recent article that the US continues to face a severe undersupply of housing amidst rising demand--exacerbating inflationary pressures on housing costs. The chronic undersupply of housing has been a key component of Kingbird's investment thesis since the early 2000s and two decades later, still informs our allocations. Follow Kingbird for more insights on the U.S. housing market. https://lnkd.in/eRpVmdAa #alternativeinvestments #realestateinvestment #multifamily

This was a great session hosted by NAREIM and IvyLee Rosario. Our team members Erick J. Bracero Serrano and Robert Beverley saw tremendous value from the opportunity to network with the Latinx real estate community and share stories. #CRE #LatinX #DEI #multifamily #CREinvestment

In a Multifamily Dive article this week, our Chief Investment Officer, Vincent DiSalvo, asserts that the narrative around multifamily challenges is "overblown," and points to the resiliency of this real estate asset class over the long-term, despite current headwinds.  Read more below.  #mulitfamily #mulitfamilyinvestment #CRE #CREinvestment 

What are the opportunities for investors in private real estate debt? Our managing director of capital markets, Lei Farrand, explains in Pensions & Investments that Kingbird is seeing preferred equity opportunities due to multifamily mortgages that need to be refinanced in a high interest rate environment. https://lnkd.in/dstxuMe2  #mulitfamily #mulitfamilyinvestment #CRE #CREinvestment #interestrates #preferredequity

We've all seen the headlines about stress in the multifamily sector, but these stories can paint an incomplete picture of what's happening in the market. Our Chief Investment Officer Vincent DiSalvo notes in a recent Urban Land Institute article “The cracks that we’re seeing are not structural; they’re superficial.” Read more to understand where the sector is under pressure, and why the structural factors - including demographic fundamentals and demand drivers - remain compelling for multifamily overall. https://lnkd.in/e5kQdeat #mulitfamily #mulitfamilyinvestment #CRE #CREinvestment

The multifamily sector has normalized from the volatility and exuberance of the COVID-era. While the multifamily sector has stabilized in the near term, its outlook will be affected by two disparate paths in front of the US economy: 1) a recession spurred by high interest rates and a decrease in consumer and government spending; or 2) a soft landing made possible by a strong consumer, on/near target inflation, and stable or slightly lower interest rates. In this multifamily outlook published in WealthManagement.com, our Chief Investment Officer Vincent DiSalvo shares more about how each scenario could unfold heading into 2024. Read more here: https://lnkd.in/e7TnyJ-r #multifamily #multifamilyinvestment #multifamilyoutlook #creinvestment