MMG Real Estate Advisors

The multifamily bear case just got harder to make. 6 straight months of rent growth. National average hits $1,737. +0.7% annually. Is +0.7% exciting? No. Is the direction of travel? Yes. Here's what matters more than the headline number: → Only 31,055 units delivered in Q1 2026 — down from 80,400/quarter the past 3 years → Rental households at record highs → For-sale housing still largely unaffordable for most renters → Cap rates at 5.8% — tightest across all major property types The guys who called multifamily dead in 2024 were looking at a supply wave. That wave is breaking. The market doesn't reward people who wait for consensus. It rewards people who buy the turn. We're at the turn. #Multifamily #CRE #ApartmentInvesting #RealEstate #MMG

MMG took on Washington, D.C. yesterday for the East Coast Affordable Housing Summit — incredibly proud to have Managing Director Kyle Shoemaker on the panel addressing what it actually takes to operate and scale affordable housing today. Cost pressures, compliance complexity, long-term asset performance — the work behind the deals. Big thanks to all who attended and made this a productive trip! Alex Blagojevich Tyler Kishimoto

On Market: Forest Park Townhomes | 169 Units | Springfield, MO Investment Highlights: ☑️ Large (1,450+ SF) Townhome Product in a Supply-Constrained Market ☑️ $11.5 Million Capital Investment Establishing a Repositioned Basis ☑️ Unfinished Basement Inventory as an Untapped Revenue Lever ☑️ Immediate Utility Cost Recovery Through RUBs Implementation ☑️ Embedded Condo Conversion Optionality Supported by Submarket Demand ☑️ Established Springfield Location with Exceptional Access and Amenities ☑️ Offered Free and Clear of Existing Debt View Offering: https://lnkd.in/eAr--8Gq Contact Harry Trotter, Corey Egan, Ryan Menke, or Thomas Skevington for more info or to schedule a property tour! #mmgrea #justlisted #multifamily

On Market: Missouri HAP Portfolios | 227 Total Units | Northern Missouri Investment Highlights: M2M HAP Portfolio: https://lnkd.in/dkW4ZayC ☑️ Central Downtown Location with Strong Walkability ☑️ Resident-Focused Amenity Package ☑️ Clear Value-Add Path via LIHTC Renovation or Continued Operations ☑️ Flexible Debt Structure – Delivered Free and Clear ☑️ Ideal Portfolio Paring Opportunity Missouri Senior HAP Portfolio: https://lnkd.in/dkkTkkgS ☑️ Strong Regional Location ☑️ Recent Capital Improvements ☑️ Desirable Amenity Package ☑️ Mark-up-to-Market HAP Contract with Rent Growth Runway ☑️ Delivered Free and Clear ☑️ Attractive Acquisition Profile Contact Kyle Shoemaker, Harry Trotter, Bill Brading, MBA, Corey Egan, Ryan Menke, or Brett Meinzer for more info or to schedule a property tour! #mmgrea #justlisted #multifamily

On Market: Bancroft Place | 40 Units | Jackson, TN Investment Highlights: ☑️ Significant Rental Runway ☑️ High Quality Construction (Actively Being Built) ☑️ Strong Communal Amenities ☑️ Inherent Lack of BTR Supply in Jackson ☑️ Discount to Retail Sales – Individually Deeded ☑️ Fastest Growing West TN Market – YoY Population Growth ☑️ Significant Job Growth – With the Arrival of Ford’s BlueOval City View Offering: https://lnkd.in/e4MeV94J Contact Austin Fragoletti, Sam Jackson, Jake Sullivan, John Endom, Kellen Warner, or Brett Meinzer for more info or to schedule a property tour! #mmgrea #justlisted #multifamily

Today we pause to honor those who made the ultimate sacrifice for our freedom. Their bravery laid the groundwork for what we all have the privilege of building each day. We are grateful for their service, and for their families, today and always. Wishing you and yours a safe and meaningful Memorial Day.

MMG welcomes Kyle Kennedy to the team as Senior Director in Charlotte, NC, serving the North Carolina market. Kyle brings deep experience across acquisitions, dispositions, underwriting, and financial analysis — with a data-driven approach and a strong track record in complex, high-value transactions. A Virginia Tech graduate in Property Management and Real Estate, his focus is on delivering tailored strategies that align with clients' investment goals and drive long-term portfolio growth. Kyle's favorite quote says it all: "You are responsible for how people remember you, or don't — so don't take it lightly." — Kobe Bryant Welcome to the team, Kyle!

On Market: Blairstone at Governor's Square | 376 Units | Tallahassee, FL Investment Highlights: ☑️ Two Miles to Major Demand Drivers ☑️ Mark-to-Market | ~$665,000+ of Organic NRI on Turn ☑️ Other Income Upside of ~$240,000+ ☑️ Renovation Program ~85% Complete ☑️ Assumable Fannie Mae Debt ☑️ Family-Renter Community ☑️ Insulated from Class A Supply Pressure ☑️ Defensive Demand Base ☑️ Phase II Optionality View Offering: https://lnkd.in/ehB9NuRM Contact Brett Meinzer, Alex Blagojevich, Gonzalo Bruno-Rivera, or Brady Robinson for more info or to schedule a property tour! #mmgrea #justlisted #multifamily

MMG doesn't treat attention to detail as a differentiator. It's our baseline, set internally and applied to every deal we touch. What could that mean for your next transaction?

Our KC team is growing, and we are thrilled to welcome Walter H. as our newest Senior Financial Analyst. Walter brings a year and a half of multifamily investment experience covering Midwest markets and holds a Finance and Real Estate degree from Indiana University's Kelley School of Business. He is a strong addition to the team, and we are looking forward to all he'll accomplish. Welcome aboard!