Why Workforce Housing Still Makes Sense with Mark Purtell and Preston Hartsell

A lot of multifamily investors chased booming Sun Belt markets over the last few years. Mark Purtell and Preston Hartsell took a different approach.

In this episode, the partners behind Valoran Capital Management explain why they are focused on workforce housing in secondary and tertiary markets across the Northeast, Midwest, and Rust Belt. They also discuss how rising interest rates and oversupply created stress in many multifamily assets and where they see opportunity moving forward.

The conversation covers local operator partnerships, patient capital, and why supply-constrained markets may become more attractive over the next several years.

Key Topics Discussed:

• Why Valoran focuses on workforce housing
• The risks of oversupply in fast-growing markets
• Why local operators matter in multifamily investing
• How their 10-year closed-end fund works
• The importance of matching debt terms to business plans
• Why they believe supply and demand may shift back in favor of owners

Guest Information:

Mark Purtell
Preston Hartsell
Valoran Capital Management

Contact: mark.pertel@valorancapitalmanagement.com

Website: Valoran Capital Management

Call To Action:

Reach out to Mark and Preston if you are an operator looking for equity partnerships or an accredited investor interested in workforce housing opportunities.