Although multifamily is facing major headwinds with operators who took on floating rate debt combined with oversupply and unprecedented expense increases, this is not the whole story. Some multifamily investors who took on less risk and are better and smarter operators are doing quite well. Michael Pouliot, Founder of Carbon Real Estate Investments, has built a 3000-unit portfolio of 1970s and 80s workforce housing in the Southeast in great school districts with higher income, reliable tenants. Carbon Real Estate Investments is a fully integrated company that manages all operational aspects of the business in-house.