Episode #54: Multifamily Investing at Scale with Michael Episcope, Origin Investments
Description
Multifamily investing is one of the hottest sectors of real estate investing right now which creates unique opportunities and challenges for those in the space. Learn from Origin Investments CEO Michael Episcope how he evaluates investments in this changing landscape.
Michael Episcope one of the co-founders of Origin Investments. Founded in 2007, Origin Investments is a real estate investment firm that acquires multi-family properties in some of the country's fastest-growing markets like Atlanta, Austin, Charlotte, Chicago, Dallas, Denver, Houston and Raleigh. It has raised multiple funds for investors.
0:00 Introduction
1:11 What is happening in multifamily?
3:05 What types of multifamily are thriving?
5:12 What types of projects is Origin looking at?
7:33 How Origin is changing its strategy
10:02 How does Origin find sponsors?
11:45 Thoughts on accreditation
15:19 Real estate investing and taxes
19:40 What metrics should investors be looking at?
22:03 Funds vs. individual CRE investments
25:54 Michael's journey from commodities to real estate
32:47 Who are Origin's investors
34:14 The latest on opportunity zones
40:11 Other tax credit programs
44:11 The impact of current economic drivers on investing
49:08 Michael on his own home improvement