Wildhorn Insights

Prior to getting into the Multifamily business full time, I spent nearly 15 years in the advertising and product development space, where my job involved leading the strategic direction of an ad campaign of upcoming product.  Much of that work involved conducting market research. That type of work provided me with an incredible opportunity to…

The start of a new year, and the coinciding break in the action around the holidays, always provides a great time for reflection.  As we entered into the twilight of 2019, we sat down to chart our course for 2020 and review what went right and what went wrong last year.  This is an exercise…

In our last article we walked through the risks associated with attempting to transition a C-Class Property into a B-Class Property.  That article was the result of many internal conversations we’ve had debating various business plans and strategies within the multifamily space. Naturally, by putting that on paper–and getting it out of my head–it got…

If you follow the Value-Add Multifamily space you’re sure to have heard about, or been sold, the dream. It’s the reason everyone wants to get into and invest in this space. So what is the dream?  Buying a C-Class property and “converting” it to a B-Class property.  The narrative goes something like this: By identifying…

The Wildhorn Team is going to be jumping into the numbers in today’s post. One of the beauties of focusing on a select few markets is that we can target our research efforts and truly see if what’s being reported is in line with how we understand what’s going on from a micro market level. A…

I recently had a conversation with one of our investors, and he paid us the nicest compliment.  He said “I want you to know that the communications I get from Wildhorn Capital are the best and most professional communications I’ve ever seen.  I’ve sent them to other operators as an example of how it should…

Last month I had the pleasure of speaking at a real estate conference about how we’ve grown our multifamily syndication business to over 1,700 units in two years.  The night before the conference started there was a reception for speakers and out of town guests. As I walked into the room with a colleague, another…

Last week we closed on our latest value-add multifamily project.  This project represented our first closing of 2019, but also our largest in our portfolio both unit count (350) and purchase price (over $40,000,000).  As we always do after a closing, we spent some time to reflect and breakdown the acquisition process and what our…

Over the past few weeks our team has put two new assets under contract–a 350-unit value-add property in Austin, and a 106-unit we’re buying with a 1031 exchange partner.  For both assets, just like all of our acquisitions, we completed a full due diligence on the property. Having just completed two of these over the…

Going to school in Northern California we learned about the California Gold Rush just about every year. The stories were all the same: John Sutter finds gold in the American River, the world rushes in hoping to dig up their fortune, most don’t and an emphasis is placed on the harsh reality of life in…