Creating Public/Private Partnerships in Affordable Housing with Adam Siegman and Jennifer Keith, Co-Founders of Ethos Real Estate
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In this episode of Real Talk, I speak with Adam Siegman and Jennifer Keith, Co-Founders of Ethos Real Estate, a trusted partner to public agencies and communities seeking to address their housing needs, with a mission to create positive change and a new narrative for residents, communities and the housing system. Read about Adam and Jennifer on Ethos' website: https://www.ethos-re.com/about
Tune in as we discuss:
* How to address the infinite demand of housing for the “missing middle”
* Why Ethos has a competitive advantage in buying market rate housing and turning them into affordable housing
* How Developers are tasked by the government to solve many societal challenges
Key moments:
0:31 – Intro
03:06 – About Ethos Real Estate
09:40 - Ethos’ competitive advantage in affordable housing
14:11 - Joint venture model vs syndication for affordable housing transactions
16:10 – Jen and Adam’s partnership
22:12 – Future goals
26:21 - Locations for affordable housing
30:02 – What Ethos looks for in a deal
32:34 – Expectations of landlords by city government
36:29 – Competition in the affordable housing market
38:41 - Jen and Adam’s favorite past and upcoming trips
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In each episode of Real Talk: Real Estate Discussions, Andrew Kirsh interviews industry leaders to learn their real-time opinions on today's market, their background and unique career highlights, and guidance for newcomers to the industry.
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Andrew Kirsh is a founding partner of Sklar Kirsh LLP and is the Chair of the firm’s Real Estate Department. Sklar Kirsh LLP is a boutique law firm providing services in corporate law, real estate, entertainment, bankruptcy, and litigation.
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