Videos
Why Smart Investors Still Lose Money in Multifamily Deals
In commercial real estate, there is a dangerous assumption that "smart money" always wins. But in 2026, highly intelligent, heavily capitalized investors are getting absolutely slaughtered in the exact asset class they were told was a safe haven.Today, I am pulling back the curtain to break down the uncompromising forensic math behind the collapse of the 2021/2022 multifamily syndication boom.In this video, I explain exactly how sophisticated operators are getting trapped in Negative Leverage, the brutal reality of the DSCR death spiral, and how expired interest rate caps are forcing devastating Capital Calls that completely wipe out retail Limited Partners (LPs).