Trends Watch: Multi-Family Housing
August 18, 2022
By Elana Margulies-Snyderman
EisnerAmper’s Trends Watch is a weekly entry to our Alternative Investments Intelligence blog, featuring the views and insights of executives from alternative investment firms. If you’re interested in being featured, please contact Elana Margulies-Snyderman.
This week, Elana talks with Pedro Cardona, Manager, Océano Investments.
What is your outlook for alternative investments?
It is always a great time to invest for those that educate themselves and are willing to put in the work. The market will reward professionals and hard workers and penalize the dilettantes.
Where do you see the greatest opportunities and why?
Rentals are the greatest opportunity, specifically multi-family. The bigger, the better. People need somewhere to live and with the rate environment it will get more expensive for folks.
What are the greatest challenges you face and why?
Uncertainty and interest rates. It will make properties more expensive to buy and harder to sell.
What keeps you up at night?
My three- and one-year-olds.
The views and opinions expressed above are of the interviewee only, and do not/are not intended to reflect the views of EisnerAmper.