👉 Watch the full Preserve at Copper Springs webinar here: www.lscre.com/pcswebinarreplay 

(This is a 506(c) offering open to accredited investors only.) 

In this episode of the LSCRE Podcast, Rob Beardsley and Craig McGrothor walk through the acquisition of Preserve at Copper Springs, a 376-unit Class A multifamily property located in Houston’s highest-absorbing submarket.

This walkthrough breaks down how LSCRE evaluates risk, cash flow, and long-term durability when acquiring large multifamily assets – without relying on aggressive assumptions or hype.

Topics covered include:

Why Houston’s Copperfield submarket is seeing strong absorption with no new supply

How owning sister properties on the same street reduces operational risk

The benefits of 7-year fixed-rate, full-term interest-only debt

Why LSCRE prioritizes cash-flow coverage over maximum leverage

Organic rent growth vs forced value-add strategies

Expense reduction through in-house management and economies of scale

Why this deal prioritizes monthly cash flow, safety, and predictability

Cost segregation, bonus depreciation, and tax efficiency

How this investment is eligible for 1031 exchanges

This is a behind-the-scenes look at how experienced multifamily operators structure deals to protect capital while delivering consistent returns.

Learn more about LSCRE:
www.lscre.com

In this episode of the LSCRE Podcast, Craig McGrouther sits down with Director of Acquisitions Brad Oliver to break down what really happened at NMHC, how 2025 unfolded, and where multifamily opportunities are forming in 2026.

They discuss:

Why Houston is leading the recovery

Why Dallas remains selective

Why markets like Austin, San Antonio, and Phoenix are still working through oversupply

Why foreclosure and distress don’t automatically equal opportunity

How risk-adjusted returns matter more than deal volume

Why LSCRE only closed two deals in 2025

What types of deals lenders are finally forcing to market

And why Preserve at Copper Springs stands out as a rare, high-conviction acquisition

This conversation pulls back the curtain on how institutional operators think about:
✔ Market cycles
✔ Supply & demand
✔ Deal liquidity
✔ Underwriting discipline
✔ Downside protection

If you’re a passive investor, 1031 exchanger, or multifamily operator, this episode explains why patience, discipline, and location selection matter more than ever heading into 2026.

Learn more about LSCRE:
www.lscre.com

In this episode of the LSCRE Podcast, Rob Beardsley and Craig McGrouther sit down with 1031 exchange expert and author Dasha Beardsley to break down how investors can properly use 1031 exchanges to defer capital gains taxes, preserve equity, and compound wealth through multifamily real estate.

The team dives deep into:

How 1031 exchanges actually work (and common misconceptions)

Using 1031s to invest in multifamily syndications

Tenant-in-Common (TIC) structures vs traditional LP investments

Bundling multiple properties into a single 1031 exchange

Reverse 1031 exchanges and rare 1033 exchanges

How LSCRE has successfully completed $150M+ in 1031 exchanges with a 100% success rate

Why long-term sponsors matter when compounding wealth through multiple cycles

This episode is packed with real-world examples from recent LSCRE acquisitions, including Preserve at Copper Springs, and offers a clear roadmap for investors looking to transition from active ownership to passive multifamily investing.

Learn more about LSCRE:
www.lscre.com

In this episode of the LSCRE Podcast, Craig McGrouther sits down with Sam Morris to answer one simple but critical question:

What’s in it for you as an investor?

Whether you’re new to passive multifamily investing or have invested across multiple sponsors, this episode breaks down exactly how LSCRE operates, why capital preservation comes first, and what separates disciplined operators from the rest of the market.

We cover:

Why zero losses and zero capital calls matter

How monthly distributions are paid from true free cash flow

What “vertically integrated” actually means (and why it protects investors)

How LSCRE underwrites deals using loaded ICR, not pro forma hype

Why Texas (Houston, Dallas, San Antonio, Phoenix) remains a top market

How appreciation, depreciation, and cash flow work together

1031 exchange options and long-term investor strategies

Why repeat investors are the ultimate performance metric

With over $800M under management, 5,600+ units, 200+ employees, and 400+ repeat investors, LSCRE focuses on one thing only:
delivering strong risk-adjusted returns while protecting investor capital through every cycle.

Learn more about LSCRE:
www.lscre.com

In this episode of the LSCRE Podcast, Craig McGrouther and Rob Beardsley break down the real takeaways from NMHC and explain why many so-called “distressed multifamily deals” are actually uninvestable.

With record supply in markets like Dallas, Austin, Phoenix, and San Antonio, realism is finally hitting the multifamily market. Lenders are taking back properties — but that doesn’t mean they’re good buys.

We cover:

Why lender-owned ≠ good deal

How “value-add” is often just disguised risk

Why AI underwriting misses the nuance that matters

The 4 pillars of every multifamily deal: location, price, debt, management

Why cash flow coverage matters more than leverage

How disciplined operators win cycles — and survive downturns

If you’re a passive investor, fund manager, or multifamily operator, this episode cuts through the noise and explains what actually matters in today’s market.

Smart capital isn’t chasing hype — it’s buying stability.

Learn more about LSCRE:
www.lscre.com

In this episode of the LSCRE Podcast, Craig McGrouther sits down with Joe Pistorius, Asset Manager at LSCRE, to break down how strong asset management and execution drive consistent returns in multifamily real estate.

This conversation offers a behind-the-scenes look at Preserve at Copper Springs, a new Houston acquisition located between two of LSCRE’s best-performing assets. Joe explains how experienced onsite teams, operational synergies, retention strategies, and disciplined expense control create a clear path to execution.

🎙️ Topics Covered in This Episode:

Joe Pistorius’ role as an LSCRE asset manager

Managing high-performing Houston multifamily assets

Why clustering properties improves operational efficiency

Lessons learned from Preserve at Copperleaf & Discovery at West Road

How LSCRE achieves 95–97% occupancy

Why retention is more valuable than unit turn strategy today

Renewal rent increases of 5–6% in a flat rent environment

Early-bird renewal incentives and tenant retention strategy

Amenity fee rollout: bulk Wi-Fi, valet trash, gym & pool access

How amenity fees increase NOI without harming occupancy

What a smooth multifamily takeover actually looks like

Knocking on every door: resident-first transition strategy

Expense reduction through in-house teams and scale

Why this Houston submarket leads the city in absorption

Limited new supply and strong demographic fundamentals

Why execution matters more than aggressive projections

Risk mitigation through purchase price, location, and management

What makes a “safe” multifamily deal in today’s market

🏢 Key Takeaway:
Great multifamily deals aren’t made in spreadsheets — they’re won through execution, people, and operational discipline.

Learn more about LSCRE:
www.lscre.com

Why is the seller selling — and how do you actually make a multifamily deal work in today’s market?
In this episode of the LSCRE Podcast, Craig McGrouther and Rob Beardsley answer real investor FAQs around LSCRE’s newest Houston acquisition, Preserve at Copper Springs, and break down the real mechanics behind underwriting, expenses, insurance, and exits.

This is not theory — it’s how institutional multifamily deals actually get done.

🎙️ Topics covered in this episode:

Why Preserve at Copper Springs’ seller is selling (loan maturity explained)

How to evaluate seller motivation without falling for “distress” hype

Loan assumptions vs refinancing (when they work — and when they don’t)

Why remaining loan term, amortization, and leverage matter

How expense reductions actually happen (and when they don’t)

Why LSCRE isn’t “cutting costs” — but realigning operations

Portfolio synergies from owning multiple assets on the same street

Ancillary income opportunities for future buyers

Stabilized exits vs value-add “hot potato” deals

Why newer, high-quality assets have more exit liquidity

Houston rent growth drivers in the Copperfield submarket

How insurance markets are finally improving

Why insurance savings don’t always hit cash flow immediately

Escrow mechanics, lender friction, and “Kafkaesque” processes explained

Why operational execution matters more than projections

🏙️ Why Houston & Copperfield

#1 Houston submarket for absorption

Zero new supply

Strong employment drivers

Proven performance from sister assets

Learn more about LSCRE:
www.lscre.com

How do 1031 exchanges actually work — and how does LSCRE support investors and fund managers through the process?

In this episode of the LSCRE Podcast, Craig McGrouther sits down with Dasha Beardsley, Director of Investor Relations at LSCRE, to break down 1031 exchanges, investor experience, capital partners, and how LSCRE has facilitated over $150M in 1031 value.

This episode is a deep dive into how institutional-grade investor relations actually function behind the scenes.

Topics covered:

Dasha’s 4+ year evolution at LSCRE (from college to Director of IR)

How LSCRE delivers white-glove investor experience

Monthly reporting, transparency, and communication standards

Why response time and accessibility matter for investors

How LSCRE works with fund managers and capital allocators

The onboarding process for capital partners

Marketing, compliance, and brand alignment

Overview of LSCRE’s investor events and summits

💼 1031 EXCHANGES — IN DEPTH

What a 1031 exchange is (and what it’s not)

Why a Qualified Intermediary (QI) is critical

Common mistakes that disqualify exchanges

How much time investors really need to plan

TIC vs DST structures (and why LSCRE uses TICs)

Reverse 1031 exchanges explained

1033 exchanges (eminent domain scenarios)

How LSCRE structured four simultaneous 1031-related exchanges on one deal

Why Preserve at Copper Springs is 1031-eligible

When a 1031 makes sense — and when it doesn’t

LSCRE 1031 TRACK RECORD

~$150M total 1031 exchange value

~$70–80M in 1031 equity placed

Multiple repeat 1031 investors

Institutional lender coordination

Learn more about LSCRE:
www.lscre.com

What does smart multifamily investing actually look like in 2026?

In this episode of the LSCRE Podcast, Craig McGrouther and Rob Beardsley break down their 2026 multifamily outlook, including acquisitions, operations, capital strategy, and why walking away from bad deals is often the best deal you can do.

This episode covers how LSCRE is approaching growth after one of the most volatile real estate cycles in recent history.

Topics discussed:

LSCRE’s 2026 acquisition goals (~$200M, one deal per quarter)

Why doing a bad deal is extremely expensive for sponsors

Deal discipline vs “doing deals to do deals”

Texas market focus: Houston, Dallas, San Antonio

Why some markets (like Phoenix) are still early — and risky

Optimal debt & equity structures for the next cycle

Why LSCRE targets lower leverage (~65%)

Mid-teens IRR expectations and 5–8% cash flow targets

Workforce housing vs Class C risk

Operational priorities: occupancy, renewals, staffing

Why renewal rates matter more than new leases

Employee turnover targets and portfolio health

Bringing RUBS billing in-house to save ~$300K annually

K-1 delivery timelines and internal tax infrastructure

Capital markets commentary: private credit vs common equity

Why 2026 may reward offensive positioning, not defensive

We also discuss:

Why Houston may outperform other Sunbelt markets

Where forced sellers may emerge

Why stability matters more than forecasts

And why LSCRE is focused on long-term ownership, not flips

Learn more about LSCRE:
www.lscre.com

What happens to multifamily real estate when the market resets — and where is smart capital moving next?
In this episode of the LSCRE Podcast, Craig McGrouther sits down with Ari Rastegar, Founder of Rastegar Capital, to break down real estate cycles, capital flows, and large-scale development across Texas.

Ari shares his journey from law to institutional real estate, and offers a candid look at:

How multifamily investing changes during a market reset

Why capital flows are shifting away from traditional office

The role of institutional investors vs accredited investors

Development timelines, zoning, and entitlements explained

Why underwriting discipline matters more than ever

Texas population growth, housing shortages, and long-term demand

Master-planned communities, industrial projects, and 3D-printed housing

How smart operators create value through cycles — not just bull markets

This conversation dives deep into multifamily development, investor alignment, and long-term wealth creation, with real examples from Austin, Dallas, and the I-35 corridor.

Learn more about LSCRE:
www.lscre.com