Platte Canyon Capital News and Events
Platte Canyon Capital: A New Chapter in Multifamily Real Estate
Platte Canyon Capital (“PCC”) was formed through the strategic partnership of Brennen Degner and Paul Pittman. Recognizing an opportune time to jump into the market amidst the shake-up of interest rates and the devaluation of real estate across the country, Brennen and Paul established PCC with a clear focus: acquiring and operating middle-market value-add multifamily […]
Where Do Real Estate Investors See Value in 2025?
By Brennen Degner The real estate landscape has experienced seismic shifts in recent years. Reflecting on the past year, it’s evident that transaction volumes remain muted, leaving investors to reassess strategies amid persistent uncertainty. The anticipation of a return to ultra-low interest rates has waned, forcing market participants to adapt to a new reality. This […]
Supply and Demand Dynamics in Our Markets
Thoughts from PCC’s CIO By Darren Hulick As of Q3 2024, we have reached an inflection point in our focus markets—Austin, San Antonio, Dallas, Denver, and Salt Lake City—where projected unit deliveries over the next 12 months are below units delivered over the trailing 12 months. Below is the information on unit deliveries over the […]
Investor Trends, Yield Metrics, and Financing Dynamics
Feedback from the Capital Markets By Nate Ricks Multifamily real estate capital markets continue to experience notable shifts in investor preferences and funding dynamics. Allocators are increasingly focusing on newer vintage properties, particularly those built in the 1990s or later. This shift reflects a strategic move to balance risk and return by targeting properties that […]
Navigating Texas, Colorado, and Utah Pipelines
Feedback from the Pipeline By Hunter Graul The multifamily real estate markets in Texas, Colorado, and Utah are currently exhibiting a range of pipeline dynamics, each shaped by unique local factors. In Austin and San Antonio, we’ve observed a significant contraction in transaction pipelines. The surge in new supply has led to negative rent trends, […]