As we move through 2025, how are capital markets shifting—and what does it mean for investors eyeing the Phoenix multifamily sector?

In this episode, we're joined by Mark Mandala of Brixton Capital for a deep dive into the evolving investment landscape.

We explore:

• Institutional investor concerns in today’s market
• The current capital outlook from both acquisition and operational lenses
• What’s driving investor appetite for Phoenix compared to other metros
• Submarket standouts and asset class trends
• How developers and investors are weighing build vs. buy decisions
• Shifting return expectations and hold strategies

Subscribe for more perspectives on capital markets, development, and what’s next in real estate.

Bonus episode: Scott Hines, Director of Technology at Mark-Taylor, alongside Steve Boyack, Chief Operating Officer of VM Realty Corporation, explore leadership strategies, multifamily market dynamics, and the role of innovation in driving differentiation and success in a highly competitive industry.

New legislation in Arizona and Nevada is setting the stage for faster, more efficient multifamily development. As policymakers target housing supply constraints, these reforms may serve as a blueprint for other high-growth metros navigating affordability challenges. John and Adam explore what these changes mean for today’s multifamily and real estate landscape—and where policy may be headed next.