Investing with GoodLife | Real Estate News, Investing Tips, & Current Events
A weekly open forum podcast where GLHP’s Principals discuss investing, real estate, and other current events.Please send any questions or feedback to [email protected] Housing Partners is a privately-held real estate investment company based in Los Angeles with a focus on the student housing and workforce apartment sectors. The firm was founded by Rohan Gupta and David N. Fong in May 2015 and as of February 2021 has assets under management with an estimated value of approximately $350 million.
The Fed Holds Steady, Real Estate Partnerships Expand, and Manhattan Office Deals - 262
This week on Investing with GoodLife Housing Partners — David and Rohan discuss the Fed’s latest rate decision, major real estate partnerships, and shifting opportunities across office, multifamily, and retail markets.
The Fed Holds Rates Steady — The FOMC voted 10–2 to keep rates at 3.75%–4% as inflation remains elevated. With changes coming to its meeting schedule and communications, what’s next for monetary policy?Major Real Estate Partnerships Take Shape — Apollo and UDR form a $2 billion multifamily venture, while Nuveen and PSP Investments launch a joint venture with $790 million in grocery-anchored and necessity-based retail centers.Big Investors Ta...From Downtown LA to Detroit: Big Deals and Shifting Real Estate Markets - 261
This week on Investing with GoodLife Housing Partners — Rohan and David discuss major real estate acquisitions, shifting office market dynamics, and institutional investments reshaping properties across the country.
EQT Expands Its Real Estate Platform — Another 2026 merger, Swedish private equity firm EQT agrees to acquire Stockbridge for $375 million, expanding into industrial warehouses and industrial outdoor storage and manufactured housing. What does this signal for institutional investment strategies? Will merger activity continue to grow?Downtown LA's Changing Landscape — Ross Stores leases 115,000 square feet at the ROW DTLA, while The Bloc hits the market with an estimated $160 million...Inflation Heats Up, Retail Gains Momentum, and LA Housing Shifts - 260
This week on Investing with GoodLife Housing Partners — Rohan and David discuss rising inflation, major retail investments, and Los Angeles housing challenges, along with entertainment picks and Southern California travel.
Inflation Surges Ahead of the Fed Meeting — September CPI climbed 3.7% year-over-year, while PPI jumped 6.3%. Could another interest rate hike be on the horizon this month?A $2.3 Billion Bet on Grocery-Anchored Retail — Brixmor and Everview Partners plan to acquire Slate Grocery REIT, highlighting the appeal of established shopping centers and excess land redevelopment opportunities.Koreatown’s Affordable Housing Shift — Jamison is replacing a stalled ho...Miami’s Billion-Dollar Expansion, Texas Aerospace Growth, and the Office Market Comeback - 259
This week on Investing with GoodLife Housing Partners — Rohan and David discuss major investments in Miami and Texas, shifting fundamentals in multifamily and student housing, and renewed activity across retail and office markets.
Miami’s Billion-Dollar Transformation — Ken Griffin closes a $1.1 billion Wynwood land deal and commits $3 billion to Carnegie Mellon University (“CMU”), the majority being used to open a CMU campus in Florida. Could Miami become the next major technology and finance hub?Texas Development and Austin’s Multifamily Reset — Blue Origin plans a $555 million manufacturing campus in Hutto, while Austin continues working through its ap...Texas Expansion, Retail Reinvention, and California's Development Challenges - 258
This week on Investing with GoodLife Housing Partners — Rohan and David discuss the Fed’s latest rate hike, major real estate deals, and changing investment activity across student housing, multifamily, and logistics.
Higher Rates and Tougher Real Estate Deals — Weak job growth and elevated borrowing costs are making equity harder to secure, while more sellers explore creative financing. Could seller carrybacks help unlock stalled transactions?Texas Attracts Major Investments — Eli Lilly breaks ground on a $6.5 billion Houston manufacturing facility, while JPMorgan raises $1.1 billion for its net lease fund, highlighting continued institutional interest in industrial real est...Fed Rate Hikes, Student Housing Growth, and a Return to Los Angeles -257
This week on Investing with GoodLife Housing Partners — Rohan and David discuss the Fed’s latest rate hike, major real estate deals, and changing investment activity across student housing, multifamily, and logistics.
The Fed Raises Rates Again — The Fed raised rates 25 basis points to 3.75%–4.00%. With another hike still possible this year, how long will higher borrowing costs pressure real estate?USD Expands Student Housing — Harrison Street and The Michaels Organization are partnering with the University of San Diego on the $230 million, 700-bed Presidio Terrace project.Major Capital Moves Into Real Estate — Bally’s secured $560...From Manhattan to Dallas: Where Real Estate Is Evolving - 256
This week on Investing with GoodLife Housing Partners — Rohan and David discuss inflation and the Fed, Lower Manhattan’s evolution, office investment, and new business hubs taking shape across the country.
Inflation Keeps the Fed in Focus — August CPI rose 0.4% for the month and 3.4% year over year, keeping attention firmly on the Fed. Will persistent inflation keep rates higher?Lower Manhattan Continues to Evolve — Twenty-five years after 9/11, the area has become increasingly residential, while American Express moves forward with its nearly 2 million-square-foot headquarters at 2 World Trade Center.Florida Expands Its Defense-Tech Footprint — Andreessen...From Senior Housing to the Angels: Capital Keeps Moving - 255
This week on Investing with GoodLife Housing Partners — Rohan and David break down the latest moves across rates, senior and student housing, Los Angeles offices, regulation, and sports-driven real estate.
Fed Policy Faces Another Test — A stronger jobs report and upcoming inflation data are putting even more attention on the Fed’s next rate decision, but will the economy stay strong enough to justify another hike?Senior Housing Attracts More Institutional Capital — American Healthcare REIT is expanding its East Coast presence with a major $696 million, eight-community acquisition as investors continue positioning to take advantage of this...SpaceX’s Louisiana Bet, and the Student Housing Amenity Race - 254
This week on Investing with GoodLife Housing Partners — Rohan and David discuss the Fed's latest inflation concerns, major development projects across the country, new trends in student housing and retail, and the ongoing fight over housing supply.
Is Another Fed Rate Hike Coming? — Fed Chair Kevin Warsh's hawkish Jackson Hole remarks raised odds of a September hike as inflation stays above target.SpaceX Makes a $100 Billion Louisiana Bet — SpaceX is planning a massive new spaceport in coastal Louisiana, with construction starting in 2027 and launches as early as 2029.Student Housing Takes Amenities to Another Level...Commercial Real Estate’s Next Cycle - 253
This week on Investing with GoodLife Housing Partners — Rohan and David discuss opportunities across commercial real estate, technology’s growing influence on real estate and the labor force in major cities, record-setting financing activity, inflation concerns, and the continued strength of off-price discount retail.
Commercial Real Estate’s Next Cycle — Morgan Stanley sees an attractive entry point emerging in the real estate cycle, with industrial, retail, and senior housing positioned to benefit strongly from limited new supply and long-term demand.CoStar Expands as New York Overtakes San Francisco — CoStar completes its $800 million acquisition of home build...Texas Growth, AI Expansion, and the Bay Area’s Real Estate Comeback - 252
This week on Investing with GoodLife Housing Partners — Rohan and David discuss major investments in Texas, shifting development rules, renewed activity in the Bay Area, and new opportunities emerging across real estate.
Bristol Myers Squibb Makes a $2.3 Billion Houston Bet — The pharmaceutical giant is building a 600,000-square-foot advanced manufacturing campus at Generation Park, strengthening and continuing the expansion of Houston’s growing life sciences sector.Could Texas Unlock More Housing on Commercial Land? — SB 840 makes it easier to develop multifamily and mixed-use housing on qualifying commercial properties by limiting certain local zoning and permitting barriers...Big Capital Moves Across Industrial, Multifamily, and Housing - 251
This week on Investing with GoodLife Housing Partners — Rohan and David return to discuss major real estate deals, economic signals, and where institutional capital is moving.
Brookfield Makes a $5.2 Billion Industrial Bet — Brookfield and CPP Investments agreed to acquire LXP Industrial Trust, reinforcing continued demand for industrial assets.TSMC Expands Its Arizona Investment — With another $100 billion planned for U.S. expansion, how much could TSMC reshape growth around its Arizona operations?Big Moves in Southern California Real Estate — BlackRock acquired Camden’s 3,620-unit California apartment portfolio for about $1.6 billion, while Rexford plans major indu...Industrial Rebound, Multifamily Deals, and LA’s Development Debate - 250
This week on Investing with GoodLife Housing Partners — Rohan and David celebrate Episode 250 while discussing the World Cup, industrial development, multifamily deals, and Los Angeles real estate.
Industrial Construction Rebounds — Developers are moving forward with new construction in the industrial market as demand grows from data centers, expanded U.S. manufacturing, and the need for more resilient supply chains.Data Centers Drive Demand — AI infrastructure is supporting new development, while energy concerns are prompting greater scrutiny as New York State imposes a one year moratorium on new large data center projects.Multifamily Consolidation Continues — The Milhaus and Sares Regis Re...Special Episode: Multifamily Across Borders with Mark Sinnett
Rohan and David sit down with Mark Sinnett, Executive Vice President and Head of Capital Markets at Avison Young, for a cross-border look at multifamily investing.
They explore how rent control, housing supply, financing, and population growth shape apartment markets—and why places like Texas and Alberta continue to stand out.
Tune in for a candid conversation on what really drives multifamily performance.
From Oceanwide Plaza to Toyota’s Texas Expansion: Where Real Estate Demand Is Moving - 249
This week on Investing with GoodLife Housing Partners — Rohan and David discuss another busy week across real estate, development, markets, sports, entertainment, and technology, from Downtown Los Angeles’ continued office struggles to major investments taking shape in Texas and Massachusetts.
Downtown LA Faces Another Major Office Departure — PwC plans to relocate from Downtown Los Angeles to Century City in 2028, joining other prominent companies that have shifted away from the city’s struggling central business district.Office Conversions and the Future of Oceanwide Plaza — As more cities explore converting obsolete office buildings into housing, the long-stall...From Data Centers to Culver City: Where Real Estate Momentum Is Shifting - 248
This week on Investing with GoodLife Housing Partners — Rohan and David discuss another busy week across real estate, housing policy, office demand, data centers, and Fourth of July reflections.
Starwood Raises a Major Distressed Fund — Starwood Capital closes its latest opportunistic real estate fund, focusing on residential, industrial, data centers, hospitality, and select global opportunities.Downtown LA Largest Office-to-Housing Conversion Moves Forward — Kennedy Wilson and Jamison plan to convert the former LA World Trade Center into Sky Castle, a 512-unit affordable housing project.Adaptive Reuse Expands Beyond Housing — Foundry Commercial’s office-to-industrial conversion...Housing Policy, Rent Freezes, and the Return of Large Real Estate Deals - 247
This week on Investing with GoodLife Housing Partners — Rohan and David discuss another busy week across real estate, policy, capital markets, sports, travel, and entertainment, from housing legislation to major institutional real estate moves.
• ROAD to Housing Act Moves Forward — The latest federal housing bill includes restrictions on large institutional ownership of single-family homes, while leaving room for build-to-rent housing and other exemptions.
• New York City Approves a Rent Freeze — The city’s rent board freezes increases on one- and two-year leases for rent-stabilized apartments, raising fresh debate over affordability, landlord costs, and future rental supply.
<...From Fed Policy to Space Coast Growth: Where Markets Are Moving - 246
This week on Investing with GoodLife Housing Partners — Rohan and David discuss another busy week across markets, real estate, technology, and sports, from the Fed’s latest policy direction to SpaceX momentum, office price discovery, and World Cup excitement.
• A More Hawkish Fed Takes Shape — The Fed holds rates steady, but Kevin Warsh’s first meeting signals a stronger focus on inflation, less forward guidance, and a potential shift in how markets read central bank policy.
• SpaceX and the Space Coast Boom — SpaceX’s IPO momentum, space tourism, and growing aerospace activity continue to drive interest in Florida’s Spa...
From Texas Jobs to Retail Pads: Where Real Estate Demand Is Moving - 245
This week on Investing with GoodLife Housing Partners — Rohan and David discuss another busy week across real estate, markets, sports, and travel, from major corporate relocations to the changing shape of retail and industrial demand.
Texas Continues to Attract Major Business Moves — Samsung is shifting more operations to Plano, while new shipbuilding investment near Port Arthur highlights the state’s continued momentum in jobs, manufacturing, and infrastructure. Industrial Demand Comes Back Into Focus — Houston’s large-scale industrial pipeline, refinery redevelopment in Carson, and Kayne Anderson’s major light industrial acquisition all point to continued investor appe...Special Episode with Jared Jones on Middle Housing - 244
This week on Investing with GoodLife Housing Partners, Rohan and David sit down with Jared Jones of Middle Housing Partners to discuss middle housing, ADUs, California’s changing housing laws, and how new development models are helping create more workforce housing across the state.
🎧 Tune in now for Episode 244 — a conversation on the future of middle housing, infill development, and housing affordability in California.
Special Episode with Benjamin Stef - 243
This week on Investing with GoodLife Housing Partners, Rohan and David sit down with Benjamin Stef for a special episode covering real estate investing, market trends, funding strategies, and the path to financial freedom.
🎧 Tune in now for a conversation on building wealth, navigating opportunities, and understanding what it takes to succeed in today’s real estate market.
Learn more about Benjamin Stef here:
Home | Funding Freedom
Student Housing, Texas Growth, and the Potential CRE Reset - 242
This week on Investing with GoodLife Housing Partners, Rohan and David discuss major real estate headlines, from Scion and Ares’ joint student housing acquisition and apartment public REIT consolidation to Fertitta Entertainment’s Caesars deal, Texas manufacturing growth, retail trends from ICSC, and the slow reset happening across distressed commercial real estate.
Student Housing Stays Strong — Scion and Ares acquired a major student housing portfolio from Harrison Street for $910 million, showing continued institutional demand for large university markets. Big Players Keep Getting Bigger — Equity Residential and AvalonBay announced a major merger, while Fertitta E...Fed Fights, Inflation Spikes, and FIFA’s Hotel Shortfall - 241
This week on Investing with GoodLife Housing Partners — Rohan and David break down the Fed transition, hotter inflation data, new housing policy fights, and why the 2026 FIFA World Cup may not deliver the hotel boom many expected.
A new Fed era begins: Kevin Warsh has been officially confirmed by the U.S. Senate as the next Federal Reserve Chair, with Jerome Powell serving temporarily until the transition is complete. What does a tighter inflation backdrop mean for the path of rates? Inflation pressure is building again: April CPI rose 3.8% year over year, core CPI rose...Big REITs, Big Campuses, and the New Real Estate Reset - 240
This week on Investing with GoodLife Housing Partners — Rohan and David unpack the April jobs report, major real estate merger activity, EV-driven retail strategy, AT&T’s Plano headquarters move, Opportunity Zone 2.0, and the early vibe from GLHP’s new Pasadena office.
Jobs Beat Expectations, But the Labor Market Still Looks Softer: April added 115,000 jobs versus roughly 65,000 expected, but the deeper takeaway is slowing—not collapse. Apartment REIT Giants Explore a Combination: AvalonBay and Equity Residential are reportedly in early merger talks, raising questions about scale, efficiency, and institutional control in multifamily. Fitch Moves to Ac...How Tim Hubbard Built a Modern Short-Term Rental Business - 239
This week on Investing with GoodLife Housing Partners, Rohan and David sit down with Tim Hubbard from Corzly to discuss the evolution of short-term rentals, property management technology, dynamic pricing, and where opportunities still exist in today’s hospitality market.
🎧 Tune in now for Episode 239 — a conversation on the future of short-term rental investing, hospitality operations, and real estate technology.
Why LA’s Housing Math Is Breaking Down - 238
This week on Investing with GoodLife Housing Partners — David and Rohan discuss the growing divide between cities encouraging development and cities pushing capital away, while unpacking what that means for housing, office markets, and long-term investment trends.
• The Fed Holds Steady: The Fed kept rates unchanged, but rare dissent inside the committee shows pressure building for future cuts as leadership changes approach.
• Nashville’s Massive Development Push: The proposed East Bank mixed-use project could reshape Nashville’s urban core — is the city becoming the next major growth magnet?
• LA’s Housing Re...
Fed Shakeups, Texas Data Centers, and the Death of Old Downtown LA - 237
This week on Investing with GoodLife Housing Partners — David and Rohan break down Fed leadership changes, corporate relocations, Texas development momentum, LA’s policy problems, and signs that institutional capital may be finding value again in distressed markets.
A New Fed Era Is Coming — Jerome Powell’s chair term is ending, with Kevin Warsh expected to step into the spotlight. But will Fed independence hold under political pressure? Texas Keeps Winning the Relocation Game — AbbVie is investing $1.4 billion in Durham, North Carolina, Super Studios is planning a $750 million Mansfield, Texas movie studio campus, and Bimbo Bakerie...Walmart Expands, Data Centers Stall, and NYC Targets Wealth - 236
This week on Investing with GoodLife Housing Partners — retail giants ramp up expansion, policymakers tighten the screws on real estate, and investors debate where we are in the next buying cycle.
Retail Is Back in Growth Mode — Walmart plans to remodel 650 stores and open new locations, doubling down on omnichannel and in-store experience. Is this a signal that physical retail demand is stronger than expected? Data Centers Hit Political Resistance — States like Maine are pausing large-scale data center development over environmental and grid concerns. As AI demand explodes, will regulation slow the infrastructure boom? NYC Ta...Is the Reset Over? Amazon’s 51M SF Bet and the Reality of 3.3% Inflation - 235
This week on Investing with GoodLife Housing Partners — inflation ticks higher, Amazon re-enters the industrial race, and real estate markets show clearer signs of a structural reset across office, retail, and capital flows.
Inflation Reaccelerates: March CPI came in at 3.3% YoY, driven heavily by energy (gas up ~21%)—but core inflation stayed relatively contained. Is this a temporary spike or the start of another inflation wave? Amazon Is Back in Industrial: After pulling back post-COVID, Amazon is aggressively expanding again—targeting 51M SF in 2026 with a more strategic, automation-focused approach. Are they about to dominate logisti...Strong Jobs Report, Office Comeback, Blackstone’s Next Big Bet - 234
This week on Investing with GoodLife Housing Partners — a stronger-than-expected jobs report, record-setting office leases in New York, and institutional capital rotating back into real estate signal shifting momentum across markets.
Strong Jobs Report Changes Rate Outlook — March added 178,000 jobs vs. 65,000 expected, unemployment fell to 4.3%, and markets now expect no rate cuts this year amid geopolitical uncertainty. Record NYC Office Lease Signals Trophy Demand — A family office signed a $327.50/SF lease at 9 West 57th Street, surpassing One Vanderbilt — is the trophy office bifurcation accelerating? Capital Flows Into Real Estate Again — Hines Research reports smart...Crypto Mortgages & The Silver Tsunami - 233
This week on Investing with GoodLife Housing Partners — AI demand is reshaping office markets, crypto enters traditional mortgages, and demographic shifts are quietly creating one of the biggest real estate opportunities ahead.
Student Housing Gets Institutionalized – The Austin student housing conference has grown from ~100 attendees to nearly 1,000+, highlighting how niche asset classes have become mainstream institutional targets. But with uncertain enrollment trends, is student housing entering a slower-growth phase? AI Revives Office Demand – OpenAI leased 450,000 SF in Mountain View, while a Belgian pharmaceutical company announced a $2B campus near Atlanta — is AI and life sciences q...Blackstone Starts Selling — Is the Market Turning? - 232
This week on Investing with GoodLife Housing Partners — David and Rohan cover March Madness in Las Vegas, the Fed’s latest pause, and why institutional capital is quietly repositioning across real estate.
• March Madness in Vegas: David shares observations from Las Vegas, where sportsbooks were packed and real estate conversations were happening alongside the games.
• Fed Holds — But For How Long? The Fed kept rates unchanged, but with inflation lingering and growth slowing, are we heading into a longer wait and the dreaded stagflation?
• Institutional Capital Targets IOS: A $500M joint vent...
The $1.2 Billion Brokerage Bet That Could Reshape Commercial Real Estate - 231
This week on Investing with GoodLife Housing Partners — David and Rohan unpack major CRE transactions, rising policy pressure, and shifting market dynamics as capital continues to move despite an increasingly uncertain regulatory environment.
• Savills Acquires Eastdil Secured: David and Rohan discuss the ~$1.2B acquisition and what it signals about consolidation in top-tier brokerage, pricing power, and the long-term value of elite advisory platforms.
• Retail Resurgence in Focus: A $530M sale of outdoor lifestyle shopping center Victoria Gardens in California highlights renewed interest in high-quality, experience-driven retail — raising the question of whether this ass...
Why Energy Prices and Rate Cuts Are Colliding Right Now - 230
This week on Investing with GoodLife Housing Partners — David and Rohan unpack rising energy prices, Fed rate-cut expectations, and major real estate shifts as institutions reposition assets in an uncertain market.
Weak Jobs Report & Rate Cut Outlook: February’s jobs report surprised with negative payroll growth and higher unemployment, raising questions about whether weakening labor data could push the Fed toward rate cuts later this year. Gas Prices and Inflation Pressure: With gas climbing above $5 could energy costs keep inflation sticky and delay rate cuts longer than investors expect?Geopolitics and Oil Volatility: If...From Dead Malls to Medical Halls — The Next Wave of Real Estate Reuse - 229
This week on Investing with GoodLife Housing Partners — David and Rohan unpack how rising geopolitical tensions, stubborn inflation data, and new real-estate policies are shaping investor expectations across multiple property sectors.
Middle East Tensions & Oil Risk — David and Rohan discuss the escalation between Israel, the U.S., and Iran and why any disruption near the Strait of Hormuz could quickly push energy prices higher. Could geopolitics become the next inflation driver? Hotter-Than-Expected Producer Inflation — The latest PPI data came in stronger than economists expected, reinforcing the idea that inflation may remain sticky. Does this give th...Tariff Shockwaves and Private Credit Stress Signals - 228
This week on Investing with GoodLife Housing Partners — David and Rohan break down tariff-driven volatility, sticky inflation data, Fed tone shifts, and what it all means for real estate capital flows in 2026.
Tariff Whiplash: Policy uncertainty around executive tariff authority triggered market volatility and raised questions about refund exposure and forward pricing risk. How should operators underwrite costs when policy can flip overnight?Inflation vs. Growth Tension: Recent data showed inflation running hotter than expected while GDP growth moderated — reinforcing the “higher for longer” rate narrative. Does this delay meaningful rate cuts?Fed Tone Shi...Strong Jobs, Softer Inflation, and a Real Estate Reset - 227
This week on Investing with GoodLife Housing Partners — David and Rohan unpack cooling inflation data, lender positioning shifts, retail’s resurgence, distressed hospital real estate, and how capital is repositioning ahead of a potential June rate cut.
Inflation Cools, Jobs Stay Strong: January CPI came in at 2.4% year-over-year (below expectations), while payrolls nearly doubled forecasts at 132,000 jobs — is this the “soft landing” setup the Fed has been waiting for, or does a resilient labor market delay cuts? Lenders Reposition by Region & Sector: At the MBA conference, lenders signaled caution on Los Angeles and Phoenix multifamily...Where Capital Is Going in 2026: Data Centers, Student Housing, and Niche Real Assets - 226
This week on Investing with GoodLife Housing Partners — David and Rohan track where real estate capital is moving next, from data-center connectivity and high-growth Sun Belt apartments to office-to-residential plays and niche “needs-based” sectors.
Data-Center Infrastructure Push AT&T is deepening its partnership with AWS, expanding fiber connectivity and cloud migration — reinforcing the infrastructure behind data-center growth. DFW Growth Trade A $57M construction loan is funding a 313-unit multifamily build in Frisco — an example of capital still backing select DFW submarkets despite broader supply concerns. NYC Office Isn’t “Dead” Tishman Speyer completed a $3.5B...Bridge-Lender Discipline Is Cracking, and Opportunity Is Leaking Out - 225
This week on Investing with GoodLife Housing Partners — the team recaps the NHMC real estate conference, shifting post-Fed expectations, early signs of a 2026 transaction thaw, and how capital (and power infrastructure) is reorganizing around the next cycle.
Fed leadership chatter and market comfort: Discussion centers on Kevin Warsh, President Trump’s formal pick to succeed Jerome Powell as Fed chair, with emphasis on perceived Fed independence and how that tone may shape rate-cut expectations.National Multifamily Housing Council vibes and 2026 underwriting: 2026 is shaping up as a “reset year” where maturities and fewer “kick-the-can” extensions could force re...2026 Looks Less Broken, Still Not Fixed -224
This week on Investing with GoodLife Housing Partners — Davos takes center stage as global capital reassesses power, policy risk, real estate distress, and what “normalization” might actually look like heading into 2026.
Davos Reframed — With Larry Fink steering the World Economic Forum, heavyweight CEOs and global leaders show up, raising questions about who truly sets the agenda for capital today?2026 as Cleanup Mode — The “survive till 2025” era fades into a slow reset, where the bottom may be forming but velocity, exits, and confidence still lag.Multifamily Reality Check — Low basis matters more than ever...