Platte Canyon Capital News and Events
Beyond the Headlines: A Ground-Level Look at Multifamily Value – Q1 2025
By Brennen Degner As we reflect on Q1 2025, the multifamily market feels like a continuation of the world we’ve been operating in for the better part of the last two years—punctuated by moments of optimism that quickly give way to more volatility. For all the narrative shifts and headlines, the underlying story hasn’t really […]
Navigating Uncertainty: Key Investment Themes Shaping Multifamily in 2025
Thoughts from PCC’s CIO By Darren Hulick The Platte Canyon Capital team kicked off 2025 by attending the NMHC conference in Las Vegas. During the event, we engaged in numerous insightful discussions with brokers, property managers, investors, and property owners, gaining valuable perspectives on current property performance and the types of properties investors are targeting […]
Q1 2025 Multifamily Market Update: Distress, Stability, and Investor Sentiment Across Texas, Colorado, and Utah
Feedback from the Pipeline By Hunter Graul The multifamily real estate markets in Texas, Colorado, and Utah are exhibiting varying dynamics in Q1 2025, shaped by supply trends, transaction activity, and investor sentiment. While some markets are showing resilience with steady deal flow, others face liquidity constraints, distress opportunities, and valuation uncertainties. Below, we provide […]
Navigating Volatility: Insights from Q1 and the Tariff Landscape
Feedback from the Capital Markets By Nate Ricks The capital markets coming out of Q1 remain challenging and, with the introduction of tariffs, much more volatile. After attending NMHC and IMN, my takeaway was one of cautious optimism for 2025 – a similar sentiment to last year. While the precise effects of the tariffs on […]
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, […]
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 […]
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 […]
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 […]
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 […]