Sep 30, 2026 · By Jon Krebbs
Texas Multifamily Market Outlook 2026: Should Owners Sell or Hold?
For many Texas multifamily owners, holding remains the sensible default. If a property produces cash...
Blog
Field notes from the desk.
Long-form perspectives on multifamily capital markets, operations, and submarket dynamics.
Feb 21, 2025 · By The Multifamily Group
DSCR Loan Calculator – Debt Service Coverage Ratio
The Debt Service Coverage Ratio (DSCR) is the single most important metric lenders use when underwriting a multifamily loan. A DSCR above 1.25x generally satisfies agency debt requirements, while anything…
Oct 21, 2024 · By The Multifamily Group
Cap Rate Calculator for Commercial Real Estate
Capitalization rate (cap rate) compresses a multifamily property's income and value into a single percentage. It is calculated as: Cap Rate = NOI ÷ Property Value × 100 Use the…
Jan 12, 2022 · By The Multifamily Group, Jon Krebbs
1031 Exchange Timeline & Like-Kind Examples
A 1031 exchange lets real estate investors defer capital gains taxes when selling one investment property and reinvesting the proceeds into a like-kind replacement. The IRS imposes strict timelines that…
Jan 3, 2022 · By The Multifamily Group
1031 Exchange Depreciation Recapture
Multifamily investors use depreciation to reduce taxable income during ownership. Residential rental property is depreciated over 27.5 years on a straight-line basis. When you sell, the IRS "recaptures" that depreciation…
Dec 16, 2021 · By The Multifamily Group
1031 Exchange: The Basics, Rules and What to Know
Named after Section 1031 of the Internal Revenue Code, a like-kind exchange allows an investor to sell an investment property and reinvest the proceeds into another property — deferring federal…
Sep 14, 2021 · By The Multifamily Group
Dallas Multifamily Market Sets Pace for National Recovery
Adapted from an article that originally appeared on REBusinessOnline on September 14, 2021. Dallas-Fort Worth has long been a bellwether for national multifamily markets, and the post-pandemic recovery has been…
Jun 17, 2021 · By Jon Krebbs
What's the Deal? Shadowood
In this installment of "What's the Deal?", TMG's Jon Krebbs dissects the Shadowood acquisition — a 192-unit workforce housing community in Southwest Houston that exemplifies the value-add playbook in a…
Feb 22, 2021 · By The Multifamily Group
Texas Multifamily Investment Markets are Booming, Here's Why
Texas has consistently been one of the most attractive multifamily investment markets in the nation, but the tailwinds heading into 2021 are exceptional. Here is what every investor should understand…
Dec 3, 2020 · By The Multifamily Group
3rd Annual PLG Cares Golf Tournament a Tremendous Success
The 3rd Annual PLG Cares Golf Tournament wrapped up a tremendous day of golf, camaraderie, and charitable giving at a Dallas-area course. TMG was proud to be a title sponsor…
Nov 18, 2020 · By The Multifamily Group
Multifamily in Forbearance Trades on Northwest Side
One of the more complex transactions TMG has facilitated in recent memory was the sale of Stone Oak Place Apartments — a 188-unit garden community on San Antonio's Northwest Side…
Sep 16, 2020 · By Jon Krebbs
Jon Krebbs Discusses CRE Market with Peak Market Watch
TMG founder and Managing Principal Jon Krebbs joined Peak Market Watch for a live-streamed market discussion covering the current state of the commercial real estate market, with a focus on…