15 Chula's Seafood: Being in control of the Product from Water to Table
Release Date: 07/15/2022
Ep. 38 - SOFR, Supply, and Distress: What Multifamily Investors Need to Know Going into 2026
Kiss My Assets
As 2025 comes to a close, multifamily investors are facing a market defined by shifting interest rates, slowing construction, and emerging distress—especially across the Sun Belt. In this episode of Kiss My Assets, Kyle Macdonald and Neighborhood Ventures CEO Jason Manwaring break down what’s happening beneath the surface of the Phoenix multifamily market. They discuss SOFR versus the 10-year Treasury, why rate cuts haven’t translated to lower long-term borrowing costs, and how government debt is influencing the bond market. The conversation also examines two notable Phoenix deals—a...
info_outline
Ep. 37 - Historic Absorption, Rent Growth Signals, and Deep Discounts: What 2026 Means for Multifamily Investors
Kiss My Assets
In this episode of the Kiss My Assets Podcast, Kyle Macdonald and Neighborhood Ventures CEO Jamison Manwaring break down one of the most surprising storylines in U.S. real estate: the historic 2025 multifamily absorption boom that stunned analysts nationwide. We unpack why over 725,000 units were absorbed in just two quarters—surpassing all of 2024—and what’s driving renters away from homeownership and into newly built apartments across the country. Jamison also dives into how Phoenix compares to challenged markets like Austin, why institutional forecasters missed the mark, and why...
info_outline
Ep. 36 - What It Takes to Win in Real Estate: A Conversation with Joe Blackbourn of Everest Holdings
Kiss My Assets
In this episode of the Kiss My Assets Podcast, Jamison Manwaring sits down with one of Arizona’s most seasoned real estate operators: Joe Blackbourn, Founder and CEO of Everest Holdings. Joe shares his remarkable 30+ year career—from his early brokerage days at Grubb & Ellis to running acquisitions for a major family office, and ultimately building Everest into a highly respected investment firm. Joe walks through the pivotal moments that shaped the industry, including the RTC era, the GFC, and today’s market cycle. He breaks down how deals get done, where opportunities emerge during...
info_outline
Ep. 35 - Jamison Manwaring on Today’s Phoenix Multifamily Opportunity with AZREIA
Kiss My Assets
Jamison Manwaring joins The AzREIA Show for a special crossover episode to talk all things Arizona multifamily, crowdfunding, and why he’s more excited about deals today than he was at the peak of the market. In this conversation, Jamison walks through: How Neighborhood Ventures structures dual offerings (Reg D for accredited investors + Arizona intrastate crowdfunding for non-accredited locals) The nuts and bolts of Arizona’s intrastate crowdfunding law and how everyday Arizona investors can start with as little as $5,000 Why he believes now—in the “stress, not distress” phase...
info_outline
Ep. 34 - Renters Take the Wheel: Phoenix, Cap Rates, and the Great Multifamily Reset
Kiss My Assets
Host Kyle Macdonald and Neighborhood Ventures CEO Jamison Manwaring break down the latest Wall Street Journal and GlobeSt headlines—from rent cuts hitting Sun Belt cities to cap-rate volatility and the looming $3.3T wave of commercial loan maturities. They dive into: Why renters now have the upper hand in markets like Phoenix and Austin How heavy concessions and delayed lease-ups are reshaping multifamily economics What unpredictable cap rates and maturing debt mean for valuations Why smart operators are doubling down on fundamentals through 2026 This is your data-driven roadmap...
info_outline
Ep. 33 - Phoenix CRE by the Numbers with Connor Devereux of CoStar Group
Kiss My Assets
Tune in as Jamison Manwaring sits down with Connor Devereux of CoStar (the data engine behind Apartments.com, LoopNet, and Homes.com) to break down what the numbers are really saying about Phoenix commercial real estate. We cover the supply wave in multifamily and why demand can be “strong” while rents are negative, industrial’s barbell dynamic and West Valley momentum, retail’s quiet outperformance after a decade of under-building, and how office is finding a floor with selective strength in prime assets. Connor explains how CoStar’s research team aggregates occupancy, rents,...
info_outline
Ep. 32 - Multifamily at the Turning Point: Supply Slowdown, Debt Pressure & Opportunity Ahead
Kiss My Assets
In this episode of the Kiss My Assets Podcast, Jamison Manwaring, CEO and Co-Founder of Neighborhood Ventures, breaks down two major reports — one from NMHC and another from GlobeSt — that reveal how the multifamily market is shifting in real time. After years of record construction and tough operating conditions, permits and completions are finally slowing, signaling fewer apartments coming to market in 2026–2027. At the same time, nearly $120 billion in multifamily loans are maturing within the next 18 months — many with debt-service-coverage ratios (DSCRs) below 1.20x, forcing some...
info_outline
Ep. 31 - 1031 Comeback & Capital Revival: Why Real Estate Liquidity Is Returning in 2025
Kiss My Assets
Host Kyle Macdonald and CEO Jason Manwaring break down how renewed 1031 exchanges and 100% bonus depreciation are reshaping the 2025 real estate market. They discuss how these policies free up liquidity, spur new transactions, and influence investor behavior—plus why capital raising and lending activity is roaring back to pre-pandemic levels. This episode dives into what’s fueling the rebound: declining vacancies, a slowdown in new construction, easing rates, and major institutional inflows from firms like Blackstone, Brookfield, and Carlisle. Kyle and Jason also share how investors can...
info_outline
Ep. 30 - Multifamily Investing in 2025: How to Find Opportunity in Distressed Market
Kiss My Assets
Host Kyle Macdonald sits down with CEO Jason Manwaring to unpack three big themes shaping multifamily right now: The top 20 U.S. submarkets for new apartments since 2021 (Phoenix & Dallas dominate), Phoenix August 2025 sales comps—why price-per-unit for 100+ unit deals matched 10–99 unit deals, and A national take: multifamily cap rates stabilizing as rent growth bottoms and supply gets absorbed. They compare Phoenix’s short-term oversupply (and distressed buys at 40–45% discounts) with Flagstaff’s near-zero pipeline and 100% occupancies, then dig into ABI’s monthly...
info_outline
Ep. 29 - The Great Buydown Hangover: What Homebuyers and Investors Can Learn from a Cooling Market
Kiss My Assets
Host Kyle Macdonald and Neighborhood Ventures CEO Jason Manwaring break down how mortgage-rate buydowns—once hailed as builders’ “silver bullet”—are now coming back to haunt homeowners. They connect the dots between teaser-rate financing, negative equity, and the same dynamic playing out in commercial real estate through expiring rate caps. The conversation expands into how multifamily investors can navigate the volatility by focusing on low leverage, smart timing, and vertical integration. Key topics: Mortgage buydowns: what they are, how they work, and why they’re expiring...
info_outline