Warren Hitchcock joins Houston Bisnow panel discussing "Where is money coming from?"
HOUSTON, TEXAS (November 9, 2022) - Warren Hitchcock, senior vice president/senior director of Northmarq's Houston debt/equity team, attended the Houston Bisnow Multifamily Annual Conference (BMAC) on November 9, where he was featured as a speaker during a panel titled, "Where is money coming from?" The panel was moderated by Adam Weaver, counsel - Pillsbury Winthrop Shaw Pittman. Hitchcock was joined by Scott Ferguson, senior director of multifamily acquisition - Westmount Realty Capital, Douglas Dillard, CFO - DC Partners, and Cody Laughlin, founder/director of acquisition - Blue Oak Capital.
The conference highlighted the lack of uncertainty in the Houston market, which is booming. Although demand slowed and cap rates dropped, Bisnow noted that investors and developers are going harder this year with new construction and developments. The city is poised to be one of the top multifamily markets in Texas and the U.S., with tens of thousands of projects expected to be completed within the next 10 years. Numerous outside investors are picking the region to get top returns on their investments.
Topics covered in Hitchcock's panel included:
- How are the capital market fundamentals currently and what is impacting the markets?
- What is the general state of debt/equity and how is it impacting deals
- Capital markets debt leverage and pricing
- What are the current headwinds and tailwinds?
- What opportunities are present?
- Predictions for the new year
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