BuzzHouse: A Baker Tilly Podcast

Brent Maier, managing director with Baker Tilly’s real estate valuation advisory team, is back on the BuzzHouse podcast to share his insights on the multifamily housing industry’s first quarter of 2022. Maier discusses the recent increase in investment in multifamily assets and robust rent growth. He also speaks on the continued cost of construction and rising interest rates and how they are affec...

On this episode of the BuzzHouse, hosts Don Bernards and Garrick Gibson give a refresher on credits that pair well with low-income housing tax credits (LIHTC). Garrick dives into the available resources to help fill the funding gaps on affordable housing projects including 45L energy efficient home credit, solar energy credit and historic rehabilitation tax credit. The hosts also discuss what they...

On this episode of the BuzzHouse, hosts Don Bernards and Garrick Gibson sit down with Matt Paschall, senior associate and underrepresented developer services advisor at Baker Tilly. Matt lays out the current obstacles facing underrepresented developers in the multifamily space. He describes strategies to tackle challenges including partnerships, access to capital and funding resources, and educati...

On this episode of the BuzzHouse, hosts Don Bernards and Garrick Gibson interview Mary Wright, president of Wisconsin Housing Preservation Corporation. Wright reveals the housing issues she’s dealing with now and in the near future, including the rising interest rates and higher construction costs. She also speaks about educating communities about the benefits of affordable housing, shares why she...

On this episode, hosts Don Bernards and Garrick Gibson interview Quinn Gormley, EVP National Real Estate Development at Housing Trust Group, LLC, in a discussion focusing on the challenges developers face in moving affordable housing projects forward. Gormley shares signs of returning to normalcy with regards to building material categories, the supply chain and labor challenges for developers and...

Brent Maier, managing director with Baker Tilly’s real estate valuation advisory team, returns to the BuzzHouse podcast to share his thoughts on the multifamily housing industry’s fourth quarter of 2021. Maier speaks on the economic indicators at the end of 2021, including competition for talent driving wages higher and the challenges of wages rising against inflation. The hosts also touch on new...

COVID-19 took a hit on the construction industry, impacting labor and the supply chain. And although demand to build within the housing industry is high, labor participation rates are still low and material lead times remain long. On this episode, we’re joined by general contractor Lowell Barron II to gather further insight on the state of the construction industry and the inside scoop on what’s h...

Ensuring a smooth construction draw process and navigating construction audits in projects can be a heavy task for owners and developers. On this episode, we break down the components of the construction draw process, submission requirements, best practices and main reasons projects may face a delay in getting a draw funded. In addition, we’ll share an overview of construction audits and detail if...

A trillion-dollar industry, environmental, social and governance (ESG) investing is the latest hot topic in the multifamily housing industry. Set to change the world of investing, real estate investors are utilizing ESG criteria in order to choose responsible investments that satisfy the three pillars of ESG.   As we begin a new year, it’s the perfect time to look at your investment strategy and h...

With the year coming to a close we’re rewinding 2021 to give you a countdown of the most noteworthy housing accomplishments and topics of the year…in just 20 minutes. We’re hitting everything from the fixed 4% tax credit rate to rising construction costs to public housing repositioning. And as we head into 2022, our hosts share the things in the industry they are keeping their eye on. Hosted by Si...

Madison Development Corporation, or MDC, is a not-for-profit organization based out of Madison, Wis. focused on providing quality, affordable housing and financing for hard-to-finance businesses in the county. Recently they partnered with the Economic Stability Council of Dane County to champion the Dane Workforce Housing Fund, LLC – a fund financed by socially responsible employers. Join us as Pr...

BuzzHouse takes AHF Live! With all the buzz around the 2021 AHF Live affordable housing conference and exposition in Chicago, we’re bringing you an episode straight from the show. We sat down with select conference panelists and other special guests to bring you an insider special.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of person...

Stockton Williams, NCSHA’s executive director, sits down with us for an exclusive discussion on emergency rental assistance programs and the reinstatement of the Federal Financing Bank (FFB) initiative to support FHA-HFA multifamily Risk-Sharing program loans. He also shares the key housing provisions NCHSA is focused on, including initiatives related to expanding credit access and affordable hous...

Thinking about going solar for your next build? Or adding to your existing building? We discuss the benefits of adding solar to multifamily housing, the point in a construction project developers should plan to add solar features, the ideal (and not-so-ideal) candidate for solar and the available financing you can tap into. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for informat...

Two industry professionals join us to discuss the current state of the debt market. More specifically, COVID-19’s impact on underwriting changes and stress testing on construction loans; requests for forbearance; market rates; and what Fannie Mae and Freddie Mac are doing in the workforce housing space. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collect...

There are 10.8 million extremely low income renters, but only four million homes that are both affordable and available to them. Dan Threet of the National Low Income Housing Coalition (NLIHC) shares key findings from the research team’s 2021 “ The Gap” report , demographics of people facing severe housing shortages and housing trends he has taken note of over the past several reports.  Hosted by...

In May 2021 President Biden released the proposed budget for the U.S. Department of Housing and Urban Development (HUD) – a 15% increase from FY21. If passed, the budget would provide significant investments in affordable housing. We invited Denise Muha, housing advocate and Executive Director of National Leased Housing Association (NLHA) to explain the budget framework, next steps in Washington a...

With strong economic growth demonstrated in the second quarter of 2021, there are a lot of reasons to be optimistic about the multifamily housing sector. On this episode, we discuss the quarter’s trends as it relates to COVID-19, acquisitions and activity and the outlook for the coming quarter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and u...

From inflation to new legislation, there are a lot of changes in the market that are impacting multifamily housing deals. On this episode, we welcome Philip Porter of Enterprise Community Investment to share what developers need to be thinking about amid new bond deal laws, the fixed 4% tax credit rate, income averaging and state low-income housing tax credits. He shares how underwriting has chang...

On this episode, learn what funding sources state and local governments are receiving from the American Rescue Plan Act of 2021 and plans for how that money will be spent, as well as the strategies municipalities are using to drive housing and community development projects. As communities work to develop their spending plans, don’t miss an explanation of the five areas of eligible spending catego...

Our hosts welcome David Gasson, a housing advocate who consults with Congress members regularly on housing issues and policies, to share how recently proposed federal plans will affect the housing industry. David opens the curtain to what is happening on Capitol Hill and the provisions being discussed in the bipartisan infrastructure deal, American Jobs Plan and Affordable Housing Credit Improveme...

Are you a public housing authority (PHA) looking to reposition for the very first time? Or maybe you’ve closed a deal but still have some PHA units in your portfolio and want to know your options? This episode takes a look at what repositioning is, how it’s different from recapitalization and what you need to do to get started. Listen to learn more about PIH Notice 2021-07 and what’s new in the wo...

Lumber prices have soared, tripling over the past 12 months forcing developers to adjust project plans and bids accordingly. As reported by the National Association of Home Builders, the price of an average new single-family home has increased by $35,872. Despite low interest rates, these high construction costs can be a game changer for a project’s bottom line. In this episode our multifamily hou...

The housing provision of President Biden’s infrastructure plan—officially titled the American Jobs Plan—includes a $213 billion investment in housing. From proposed expansion of the 9% credit to modifications to the 10-year hold rule, Don Bernards and Garrick Gibson share the specifics of the plan and how it stands to impact you. Episode links: The White House’s American Jobs Plan Fact Sheet Conne...

Market intelligence equips owners and developers with meaningful market advice for their real estate portfolios. On this episode, listen to the multifamily housing market trends, transaction activity, analysis and outlook from the first quarter to ensure your next venture is a smart one. Plus, understand how inflation may impact the multifamily housing industry so you can get ahead of it. Hosted b...