Amy Sorter

I am looking for multifamily developers, investors, owners, capital providers and researchers who understand the Sunbelt markets. I'm writing an article that questions a general narrative that Sunbelt markets are oversupplied with units. Here are the questions I need answered: • What is the single most misunderstood aspect of the Sunbelt multifamily market right now? • How do you define "oversupply" in multifamily? Is it elevated vacancy, declining rents, concessions, slower lease-up, or all of the above? What else? • At what point does a metro move from being "well supplied" to overbuilt? • How much of today's narrative is being driven by short-term conditions versus long-term fundamentals? • Is it a mistake to consider the Sunbelt as a single market? Why or why not? • Which Sunbelt metros are struggling with oversupply today and why? Which Sunbelt markets are proving to be more resilient and why? • Are there markets where the oversupply narrative has become exaggerated? Which markets? In what way has the oversupply narrative been exaggerated? • Are all apartment classes experiencing the same level of pressure? How does demand differ between luxury, workforce and middle-market housing in the Sunbelt cities? • What signs indicate that rent growth is beginning to recover? Is this happening in Sunbelt cities? If so, what are they? • What role does demographics play in the oversupply narrative? • Are investors viewing today's conditions as a warning sign or a buying opportunity? How are institutional investors evaluating Sunbelt markets differently than they did two years ago? • Does the current environment create opportunities to acquire assets below replacement cost? In what way? • Are lenders treating oversupplied markets differently when underwriting deals? Again, in what way? • If you had to make the bullish case for Sunbelt multifamily today, what would it be? From your point of view, what's the strongest argument that the oversupply story is being overstated? • Five years from now, will we look back on this period as an oversupply crisis or simply a temporary digestion phase? How come? Again, I need responses from experts involved in multifamily in some capacity (developers, investors, owner-operators, capital providers, researchers) to gain an understanding of markets from California through the south and into the Carolinas. Please don't respond if you're not involved with this industry sector or the geographic region. Thank you.