Mitch Sinberg: Predictions for Investing in Multifamily in 2021
Release Date: 02/10/2021
RealtyMogul's Podcast
Kathy Fettke, host of "The Real Wealth Show," interviews successful real estate investors to share their secrets. She also hosts the Real Estate News podcast and is the author of the bestseller, "Retire Rich with Rentals.”. She is a real estate developer, fund manager, and educator. She is a regular guest expert on FOX News, CNN, CNBC, Bloomberg, NPR, CBS MarketWatch, and the Wall Street Journal, and was named among the “Top 100 Most Intriguing Entrepreneurs” by Goldman Sachs two years in a row. Kathy and her husband, Rich, are active real estate investors in single-family homes,...
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info_outlineMitch Sinberg is a multifamily and commercial real estate debt and equity financing expert who serves as Senior Managing Director for Berkadia’s Florida mortgage banking team. He co-manages the state of Florida, and since joining the firm in 2013, has increased Berkadia’s annual volume ten-fold and is consistently named to Berkadia's ‘CEO Circle’ representing the top producers and leaders in the firm. Mitch is also an adjunct professor at Nova Southeastern University, teaching real estate finance and investment in the school’s MS in Real Estate program.
Realty Mogul CEO Jilliene Helman and Mitch discuss the COVID-19 vaccine currently on the horizon and give a retrospective of events in multi-family real estate in 2020 and how the sector has weathered the pandemic. Mitch provides a high-level overview of investing in multifamily real estate in 2021 and shares his thoughts on why it is currently the safest place to put your money. Mitch also dives into details of the markets he is excited or concerned about from a long term perspective and where he would deploy his capital right now.
“Real estate in general, and certainly multi-family within the Real Estate sector, is the most stable of the sectors. We are seeing investment demand as strong we have ever seen it..” - Mitch Sinberg
This week on The Reality Mogul Podcast:
- Mitch’s take on the differences between the 2008/09 recession for multi-family and the current downturn
- Why rent delinquencies are not higher in 2020, and Mitch’s thoughts on collections going into 2021
- Historical trends and data on collections, and the insight that it provides for the current situation
- The impact of the stimulus on the markets and whether Mitch foresees significant change in 2021
- Why the pandemic has shown improvements in certain markets and how COVID-19 played a part in accelerating trends
- Mitch’s take on the direction that Interest rates will take, and his message to investors on a portfolio level
- The projected impact on investors in real estate taking into consideration the change in the cap for Frannie Mae and Freddie Mac
- How a Biden presidency will affect multi-family real estate investors in 2021
Connect with Mitch Sinberg:
- Berkadia Website
- Mitch Sinberg on LinkedIn
- Berkadia on Instagram
- Berkadia on Facebook
- Berkadia on Twitter
Connect with Realty Mogul:
- Realty Mogul Website
- Ken Bodenstein on LinkedIn
- Realty Mogul on Instagram
- Realty Mogul on Facebook
- Realty Mogul on Twitter