In this episode of Wealth Unfiltered, Jeff Adler, Vice President of Yardi Matrix, breaks down the real-time data shaping today's multifamily housing market—and what it signals for investors navigating the next phase of the cycle.

We explore the key forces driving performance across markets, including elevated new supply in Sun Belt and Mountain West regions, shifting migration patterns, demographic tailwinds, and the widening rent-versus-buy gap that continues to support long-term rental demand.

Jeff also unpacks why the market is becoming increasingly fragmented, with smaller Southern and Midwest metros outperforming while high-supply markets like Orlando, Phoenix, and Denver continue to face pressure. He explains how real-time data is essential for understanding absorption trends, underwriting accurately, and identifying where opportunity is emerging beneath the surface.

Looking ahead, we discuss why rent growth is expected to remain muted in the near term, with stabilization beginning around 2026 and broader recovery taking shape into 2027—as supply normalizes and demand fundamentals reassert themselves.

This episode delivers a clear, data-driven framework for understanding where we are in the multifamily cycle—and how investors should position for what comes next.

• Multifamily supply remains elevated, particularly in Sun Belt and Mountain West markets, continuing to pressure rents and increase concessions.
• Strong structural demand persists, driven by household formation, aging demographics, downsizing boomers, and millennials renting longer due to affordability constraints.
• Rent growth is expected to remain subdued short term, with stabilization beginning in 2026 and broader recovery likely by 2027.
• Market performance is increasingly fragmented—smaller Southern and Midwest metros are outperforming while high-supply markets like Orlando, Phoenix, and Denver face continued pressure.
• Real-time data is critical for navigating today's cycle, improving underwriting precision, and identifying mispriced or oversupplied opportunities.
• Investors who focus on fundamentals—renewal strength, realistic rent assumptions, and local market dynamics—are best positioned for the next phase of the cycle.

In this episode of Wealth Unfiltered, we're joined by John Chang, Chief Analytics and Intelligence Officer at Marcus & Millichap, to break down what's shaping the commercial real estate and multifamily investment landscape heading into 2026.

John explains why this cycle may be setting up for a unique window of opportunity, as investor caution, shifting capital flows, and improving fundamentals begin to realign. We discuss how today's environment is creating more selective buying conditions, and why those who understand where demand is heading may be best positioned to capitalize.

Key topics include capital markets trends, multifamily supply and demand dynamics, market selection, and the role of investor psychology in today's cycle.

If you're looking to understand where the next phase of opportunity may emerge in multifamily and commercial real estate, this is a conversation worth tuning into.

In this episode of Wealth Unfiltered, we sit down with Paul Fiorilla, Director of Research at Yardi Matrix, to break down the latest multifamily market trends, including supply, demand, rent growth, and investment outlook heading into 2026.

Paul shares a data-driven perspective on how the recent wave of new apartment supply is impacting market performance across regions and asset classes. As the multifamily sector works through elevated deliveries, investors must understand where opportunities are emerging—and where risks remain.

We also explore why market-level and submarket-level analysis is becoming increasingly important in today's environment. With shifting fundamentals, access to real-time multifamily data and research insights is critical for making informed investment decisions.

Topics covered include:

• Multifamily supply pipeline and absorption trends
• Rent growth outlook and regional performance
• Impact of new construction on vacancy rates
• Key investment considerations for 2026
• How data and research inform smarter real estate investing

If you're an investor, advisor, or operator looking to better understand the multifamily real estate market outlook, this episode provides actionable insights backed by industry-leading research.

In this episode of Wealth Unfiltered, we sit down with Spencer Levy—Global Client Strategist and Senior Economic Advisor at CBRE—to unpack where commercial real estate is headed in 2026.

Spencer breaks down the current market cycle, including the shift toward normalization, improving capital markets activity, and a more disciplined investment environment driven by real fundamentals—not financial engineering.

We also dive into one of the biggest differentiators in today's market: operational excellence. In a more selective landscape, strong operators aren't just surviving—they're outperforming.

If you're investing in real estate or watching where the next opportunities emerge, this is a conversation you won't want to miss.

In this episode, Army veteran and Landshark Founder Brent Bowers shares his powerful transition story and breaks down why real estate—especially the land niche—has become a game-changer for thousands of service members. Brent reveals the leadership traits, mindset shifts, and tactical steps that allow veterans to build scalable income, even with limited capital or experience.

We dive into the realities of leaving the military, how veterans can leverage structure and mission-driven thinking to excel as entrepreneurs, and why land flipping offers one of the most accessible pathways into the real estate world. Whether you're active-duty, transitioning, or long out of uniform, this conversation delivers the clarity, confidence, and motivation to take action.

Guest: Brent Bowers
Founder of The Landsharks | Real estate investor & coach | Former Army officer
Learn more: www.TheLandSharks.com

• Veterans have a unique advantage in real estate thanks to discipline, resilience, and structured thinking.

• The transition out of the military comes with challenges—but also massive entrepreneurial opportunity.

• Land investing is one of the most accessible entry points into real estate, even with limited capital.

• Systems, SOPs, and mission-driven leadership translate directly into business success.

• Real estate provides flexibility, family time, and financial independence for veterans rebuilding their civilian identity.

• Failures and pivots are part of the journey—Brent shares the ones that shaped his success.

• Purpose and community remain central: veterans helping veterans creates a powerful ripple effect.

• Tactical steps: how to make your first deal, what to avoid, and where to find mentorship.

• Mindset shift required: from "follow orders" to "build your own mission."

• Real estate offers veterans a clear path to long-term wealth, autonomy, and impact.

Private Wealth Funds & the Future of Ownership: How Elite Capital Networks Are Replacing Traditional Fundraising

In this episode of Wealth Unfiltered, Samantha Parrinello sits down with Reagan Rodriguez — futurist, capital strategist, and Managing Director of the 5th Avenue Underground Club — to explore one of the most profound financial shifts of our time: the rise of private wealth ecosystems and their growing impact on global ownership, power, and innovation.

Reagan breaks down what the 5th Avenue Underground Club is, how elite investor networks are reshaping influence worldwide, and what this means for the next generation of founders, looking to acquire companies and build wealth.

Discover how borderless capital, tokenized assets, sovereign individuals, and exclusive ownership clubs are redefining who controls capital — and how capital shapes the future.

Whether you're a founder, a sophisticated investor seeking new deal flow, or simply someone curious about the future of wealth and power, this episode offers a rare look inside the private networks steering tomorrow's economy.

• What private wealth ecosystems are — and why they're exploding now

• How private investors are replacing venture capital in business acquisitions

• The future of ownership: tokenization, fractional equity & borderless assets

• Why capital is moving into exclusive communities and private clubs

• How private wealth networks are becoming new centers of global influence

Today's episode features Christopher E. Shockowitz, COO and lead Tax Strategist at DeferTax.com, a premier advisory firm helping high-income earners, business owners, and investors dramatically reduce, defer, or even eliminate federal taxes legally and sustainably.

With more than a decade of experience and thousands of clients served, Chris shares powerful, lesser-known tax strategies designed specifically for individuals earning over $500K annually—strategies that put you back in control of your wealth instead of handing it over to the IRS.

If you're a high-income professional, entrepreneur, or real estate investor looking to protect your capital and accelerate long-term wealth-building, this episode is a must-listen.

• Why most high-income earners dramatically overpay in taxes
  
  

• The difference between CPAs who calculate taxes vs. strategists who control them
  
  

• IRS-approved methods to reduce or eliminate federal tax liability
  
  

• How tax deferral multiplies wealth faster than traditional strategies
  
  

• Real-world case studies: business sales, real estate exits, capital gains events
  
  

• The myths and misconceptions that prevent people from using these strategies
  
  

• How to keep control of your funds while legally deferring taxes
  
  

• The first steps high earners should take today to lower their tax bill
  
  

Christopher E. Shockowitz
Chief Operating Officer & Lead Tax Strategist
DeferTax.com

Chris specializes in high-income tax mitigation, large-transaction tax strategies, wealth preservation, and advanced deferral structures. His custom frameworks have saved clients millions and transformed how entrepreneurs, executives, and investors build generational wealth.

Guest: Gordon Brewer, MEd, LMFT

Are you growing your business — or just getting busier? In this high-impact episode, entrepreneur and therapist Gordon Brewer reveals what it really takes to scale a company sustainably, profitably, and without burning out.

We break down the core shifts that separate small businesses that stall from those that scale into 8-, 9-, and even 10-figure enterprises. Gordon shares actionable strategies for building systems, delegating effectively, shifting your mindset, to strengthen operations, and create long-term vision clarity.

If you're an entrepreneur, founder, coach, or small business owner looking to scale smarter — not just faster — this episode delivers the mindset, operational tools, and financial discipline required to unlock next-level growth.

Learn the signals that your business is ready to grow, how to set a clear strategic direction, and why scaling starts with clarity — not more hustle.

Discover the three core systems (operations, marketing, finance) that create freedom, consistency, and sustainable growth — plus Gordon's top mistake to avoid when growing a business.

Understand the leadership habits, delegation strategies, and personal growth required to scale beyond yourself and build a team that takes ownership.

Gordon explains the financial metrics that matter and the biggest money mistakes entrepreneurs make when growing too fast.

Learn the do's and don'ts from someone who has owned and scaled three successful businesses himself