Quarterly Newsletter: Q2 2025

Q2 2025 Newsletter

VOLUME 4 ISSUE 2


"Price is what you pay, value is what you get." - Warren Buffett


 

We're thrilled to share the latest issue of SPI Advisory's Quarterly Newsletter series! This quarter's SPI Advisory newsletter delivers critical insights into the evolving Texas multifamily landscape and SPI's strategic positioning.

Inside this issue:

  • Featured Analysis: SPI principal Michael Becker delivers a candid look at Texas multifamily markets in "The Market Doesn't Care What You Need," examining rent trends, investment sales activity, and the challenging environment facing distressed assets.
  • Industry Insights: An exclusive interview with JLL's Greg Toro on institutional perspectives, transaction volumes, and recovery outlook for DFW multifamily.
  • Portfolio Performance: $1.65M+ Q1 distributions, successful Park Place refinance, and the milestone Encore 380 acquisition marking SPI's 50th DFW investment.
  • Community Impact: Par for a Purpose tournament raises $54K+ for Vogel's mission to support Dallas families overcoming homelessness.

 

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