About this episode
Whitney Elkins-Hutten of PassiveInvesting.com interviews Lane Kawaoka of The Wealth Elevator in this exclusive episode to deep-dive into the full lifecycle of a notable multifamily deal: Courtney Square Apartments, 96 units located in Huntsville, Alabama. Discover the unconventional acquisition strategy that secured this Class B property at a "smoking amazing" price of $50,000 per unit right before the market peaked. Lane reveals the strategic rationale behind putting long-term fixed-rate debt on the asset and how his team navigated the business plan amidst rising interest rates and "rent softness" that hit the market from 2022 to 2024. Most crucially, learn how Lane successfully executed an exit in 2025—a notoriously tough market—more than doubling investor returns and why holding onto the cash-flowing asset was not the best strategy for maximizing returns. This episode is packed with essential lessons on basis, capital deployment, and the evolving role of diversification for today's syndicator.
