EPS 269 - Nick Fluellen: What does the TOP TEXAS B&C apartment broker think these days?
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It\\u2019s good to be the KING in Texas Apartment Brokerage. Nick recently earned the title Executive Managing Director for Marcus and Millichap. Nick and his business partner, Bard Hoover, are consistently the top producers for the company. Nick shares his thoughts on what he sees in the apartment market with a \\u201csignificant reset\\u201d on the capital markets, interest rates, inflation, valuation, sellers\\u2019 expectations on value, the challenges today of selling 40\\u201350-year-old apartments, and then having broker tour activity down almost 80% from last year. Yikes! Nick talks about the \\u201cgreen shoots\\u201d and the positive reflections that he is starting to see in the apartment market in Texas. What we like about Nick-- is that he doesn\\u2019t give you broker speak\\u2026that everything is \\u201cpositive\\u201d all the time. He talks about the good and the bad. Listen to the KING.
To contact Nick Fluellen: Nick.Fluellen@MarcusMillichap.com
Are you interested in learning more about how Multifamily Syndications work? Please visit\\xa0www.spiadvisory.com\\xa0to learn more about Michael Becker\\u2019s Real Estate Syndication business with SPI Advisory LLC.
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