The LSCRE Podcast

Rob Beardsley
  • 4.3 (25)
  • INVESTING
  • UPDATED WEEKLY

The LSCRE Podcast interviews institutional investors to learn more about their strategies, sponsor and investment criteria, due diligence process, and asset management practices.New episodes every Monday at 9am EST.

  1. 3D AGO

    1031 Exchanges Explained: How LSCRE Helps Investors Defer Taxes & Compound Wealth

    In this episode of the LSCRE Podcast, Rob Beardsley and Craig McGrouther sit down with 1031 exchange expert and author Dasha Beardsley to break down how investors can properly use 1031 exchanges to defer capital gains taxes, preserve equity, and compound wealth through multifamily real estate. The team dives deep into: How 1031 exchanges actually work (and common misconceptions) Using 1031s to invest in multifamily syndications Tenant-in-Common (TIC) structures vs traditional LP investments Bundling multiple properties into a single 1031 exchange Reverse 1031 exchanges and rare 1033 exchanges How LSCRE has successfully completed $150M+ in 1031 exchanges with a 100% success rate Why long-term sponsors matter when compounding wealth through multiple cycles This episode is packed with real-world examples from recent LSCRE acquisitions, including Preserve at Copper Springs, and offers a clear roadmap for investors looking to transition from active ownership to passive multifamily investing. Learn more about LSCRE: www.lscre.com

    41 min

  2. 6D AGO

    Why Investors Choose LSCRE | Zero Capital Calls, Monthly Cash Flow & Texas Focus

    In this episode of the LSCRE Podcast, Craig McGrouther sits down with Sam Morris to answer one simple but critical question: What’s in it for you as an investor? Whether you’re new to passive multifamily investing or have invested across multiple sponsors, this episode breaks down exactly how LSCRE operates, why capital preservation comes first, and what separates disciplined operators from the rest of the market. We cover: Why zero losses and zero capital calls matter How monthly distributions are paid from true free cash flow What “vertically integrated” actually means (and why it protects investors) How LSCRE underwrites deals using loaded ICR, not pro forma hype Why Texas (Houston, Dallas, San Antonio, Phoenix) remains a top market How appreciation, depreciation, and cash flow work together 1031 exchange options and long-term investor strategies Why repeat investors are the ultimate performance metric With over $800M under management, 5,600+ units, 200+ employees, and 400+ repeat investors, LSCRE focuses on one thing only: delivering strong risk-adjusted returns while protecting investor capital through every cycle. Learn more about LSCRE: www.lscre.com

    50 min

  3. FEB 2

    Why “Distress Deals” Are Mostly Garbage | NMHC Reality Check

    In this episode of the LSCRE Podcast, Craig McGrouther and Rob Beardsley break down the real takeaways from NMHC and explain why many so-called “distressed multifamily deals” are actually uninvestable. With record supply in markets like Dallas, Austin, Phoenix, and San Antonio, realism is finally hitting the multifamily market. Lenders are taking back properties — but that doesn’t mean they’re good buys. We cover: Why lender-owned ≠ good deal How “value-add” is often just disguised risk Why AI underwriting misses the nuance that matters The 4 pillars of every multifamily deal: location, price, debt, management Why cash flow coverage matters more than leverage How disciplined operators win cycles — and survive downturns If you’re a passive investor, fund manager, or multifamily operator, this episode cuts through the noise and explains what actually matters in today’s market. Smart capital isn’t chasing hype — it’s buying stability. Learn more about LSCRE: www.lscre.com

    33 min

  4. JAN 30

    How LSCRE Executes Seamless Multifamily Takeovers in Houston Asset Management Deep Dive

    In this episode of the LSCRE Podcast, Craig McGrouther sits down with Joe Pistorius, Asset Manager at LSCRE, to break down how strong asset management and execution drive consistent returns in multifamily real estate. This conversation offers a behind-the-scenes look at Preserve at Copper Springs, a new Houston acquisition located between two of LSCRE’s best-performing assets. Joe explains how experienced onsite teams, operational synergies, retention strategies, and disciplined expense control create a clear path to execution. 🎙️ Topics Covered in This Episode: Joe Pistorius’ role as an LSCRE asset manager Managing high-performing Houston multifamily assets Why clustering properties improves operational efficiency Lessons learned from Preserve at Copperleaf & Discovery at West Road How LSCRE achieves 95–97% occupancy Why retention is more valuable than unit turn strategy today Renewal rent increases of 5–6% in a flat rent environment Early-bird renewal incentives and tenant retention strategy Amenity fee rollout: bulk Wi-Fi, valet trash, gym & pool access How amenity fees increase NOI without harming occupancy What a smooth multifamily takeover actually looks like Knocking on every door: resident-first transition strategy Expense reduction through in-house teams and scale Why this Houston submarket leads the city in absorption Limited new supply and strong demographic fundamentals Why execution matters more than aggressive projections Risk mitigation through purchase price, location, and management What makes a “safe” multifamily deal in today’s market 🏢 Key Takeaway: Great multifamily deals aren’t made in spreadsheets — they’re won through execution, people, and operational discipline. Learn more about LSCRE: www.lscre.com

    25 min

  5. JAN 27

    Houston Multifamily Deal Breakdown: Seller Motivation, Expenses & Insurance

    Why is the seller selling — and how do you actually make a multifamily deal work in today’s market? In this episode of the LSCRE Podcast, Craig McGrouther and Rob Beardsley answer real investor FAQs around LSCRE’s newest Houston acquisition, Preserve at Copper Springs, and break down the real mechanics behind underwriting, expenses, insurance, and exits. This is not theory — it’s how institutional multifamily deals actually get done. 🎙️ Topics covered in this episode: Why Preserve at Copper Springs’ seller is selling (loan maturity explained) How to evaluate seller motivation without falling for “distress” hype Loan assumptions vs refinancing (when they work — and when they don’t) Why remaining loan term, amortization, and leverage matter How expense reductions actually happen (and when they don’t) Why LSCRE isn’t “cutting costs” — but realigning operations Portfolio synergies from owning multiple assets on the same street Ancillary income opportunities for future buyers Stabilized exits vs value-add “hot potato” deals Why newer, high-quality assets have more exit liquidity Houston rent growth drivers in the Copperfield submarket How insurance markets are finally improving Why insurance savings don’t always hit cash flow immediately Escrow mechanics, lender friction, and “Kafkaesque” processes explained Why operational execution matters more than projections 🏙️ Why Houston & Copperfield #1 Houston submarket for absorption Zero new supply Strong employment drivers Proven performance from sister assets Learn more about LSCRE: www.lscre.com

    31 min

  6. JAN 23

    1031 Exchanges Explained: How Investors & Fund Managers Work With LSCRE

    How do 1031 exchanges actually work — and how does LSCRE support investors and fund managers through the process? In this episode of the LSCRE Podcast, Craig McGrouther sits down with Dasha Beardsley, Director of Investor Relations at LSCRE, to break down 1031 exchanges, investor experience, capital partners, and how LSCRE has facilitated over $150M in 1031 value. This episode is a deep dive into how institutional-grade investor relations actually function behind the scenes. Topics covered: Dasha’s 4+ year evolution at LSCRE (from college to Director of IR) How LSCRE delivers white-glove investor experience Monthly reporting, transparency, and communication standards Why response time and accessibility matter for investors How LSCRE works with fund managers and capital allocators The onboarding process for capital partners Marketing, compliance, and brand alignment Overview of LSCRE’s investor events and summits 💼 1031 EXCHANGES — IN DEPTH What a 1031 exchange is (and what it’s not) Why a Qualified Intermediary (QI) is critical Common mistakes that disqualify exchanges How much time investors really need to plan TIC vs DST structures (and why LSCRE uses TICs) Reverse 1031 exchanges explained 1033 exchanges (eminent domain scenarios) How LSCRE structured four simultaneous 1031-related exchanges on one deal Why Preserve at Copper Springs is 1031-eligible When a 1031 makes sense — and when it doesn’t LSCRE 1031 TRACK RECORD ~$150M total 1031 exchange value ~$70–80M in 1031 equity placed Multiple repeat 1031 investors Institutional lender coordination Learn more about LSCRE: www.lscre.com

    36 min

  7. JAN 20

    Multifamily Outlook 2026: Deals, Debt, Operations & Where Capital Is Going

    What does smart multifamily investing actually look like in 2026? In this episode of the LSCRE Podcast, Craig McGrouther and Rob Beardsley break down their 2026 multifamily outlook, including acquisitions, operations, capital strategy, and why walking away from bad deals is often the best deal you can do. This episode covers how LSCRE is approaching growth after one of the most volatile real estate cycles in recent history. Topics discussed: LSCRE’s 2026 acquisition goals (~$200M, one deal per quarter) Why doing a bad deal is extremely expensive for sponsors Deal discipline vs “doing deals to do deals” Texas market focus: Houston, Dallas, San Antonio Why some markets (like Phoenix) are still early — and risky Optimal debt & equity structures for the next cycle Why LSCRE targets lower leverage (~65%) Mid-teens IRR expectations and 5–8% cash flow targets Workforce housing vs Class C risk Operational priorities: occupancy, renewals, staffing Why renewal rates matter more than new leases Employee turnover targets and portfolio health Bringing RUBS billing in-house to save ~$300K annually K-1 delivery timelines and internal tax infrastructure Capital markets commentary: private credit vs common equity Why 2026 may reward offensive positioning, not defensive We also discuss: Why Houston may outperform other Sunbelt markets Where forced sellers may emerge Why stability matters more than forecasts And why LSCRE is focused on long-term ownership, not flips Learn more about LSCRE: www.lscre.com

    42 min

  8. JAN 16

    Multifamily Investing in a Market Reset: Capital Flows, Development & 2026 Outlook

    What happens to multifamily real estate when the market resets — and where is smart capital moving next? In this episode of the LSCRE Podcast, Craig McGrouther sits down with Ari Rastegar, Founder of Rastegar Capital, to break down real estate cycles, capital flows, and large-scale development across Texas. Ari shares his journey from law to institutional real estate, and offers a candid look at: How multifamily investing changes during a market reset Why capital flows are shifting away from traditional office The role of institutional investors vs accredited investors Development timelines, zoning, and entitlements explained Why underwriting discipline matters more than ever Texas population growth, housing shortages, and long-term demand Master-planned communities, industrial projects, and 3D-printed housing How smart operators create value through cycles — not just bull markets This conversation dives deep into multifamily development, investor alignment, and long-term wealth creation, with real examples from Austin, Dallas, and the I-35 corridor. Learn more about LSCRE: www.lscre.com

    51 min
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4.3
out of 5
25 Ratings

About

The LSCRE Podcast interviews institutional investors to learn more about their strategies, sponsor and investment criteria, due diligence process, and asset management practices.New episodes every Monday at 9am EST.

Information

  • Creator
    Rob Beardsley
  • Years Active
    2020 - 2026
  • Episodes
    365
  • Rating
    Clean
  • Copyright
    © 2026 Capital Spotlight
  • Show Website
    The LSCRE Podcast

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