Three days at Peak Partnership: Here’s what I walked away with. The room was bullish, and not in a naive way. Tyler Deveraux (CEO of Peak Multifamily) said it straight: one of the best times to buy is in a recession, and that’s where we’re seem to be headed. The seasoned investors heard that and started sharpening their pencils. The newer ones got fired up. Different energy, same room. Confidence earned versus confidence borrowed. Worth paying attention to that distinction. The community itself is the real product here. New students sitting next to people with dozens to hundreds of units closed, trading knowledge, closing deals, pushing each other forward. That’s not common in this industry. Twenty-plus sponsors brought real programming: luncheons, dinners, panels. Nothing felt like filler. My job was on the content side, interviewing students across the GP and LP spectrum for testimonials. The common thread every single time was the community. Not a specific deal or market. The network and the education are what got people moving. I also sat down with Tyler to talk through the harder stuff: the market shift, tightening returns, the path forward. His take was steady. Multifamily isn’t going anywhere. The opportunity is evolving, and the people paying attention now will be the ones well positioned.