In a recent podcast from real estate investing maven John Burns, Greg West, CEO of ZOM Living talks about current short-term and long-term trends in the apartment market.
It’s not all doom and gloom; it’s more like “adapt or die.”
West believes that the apartment market will struggle over the next year, but development will continue. ZOM builds about 3000 apartments every year and just closed on two big development deals.
Because of Covid-19, apartments will have to change, but West believes the impact of COVID-19 will be milder than many believe and more in the short term. In fact, the coronavirus has accelerated trends such as keyless apartment touring and working from home.
Have a listen HERE
Mr. Willig engages and coordinates a professional team of real estate brokers, general contractors, leasing agents, and property managers in order to rehabilitate, lease and maintain the properties he acquires for SpringView Investments. He has over 20 years of finance and accounting experience.