Is Multifamily Bottoming? 3 Signals to Watch + Tax Moves (Dwight Dunton)

About this episode

Chris interviews Dwight Dunton about multifamily investing, market cycles, and tax strategies for transitioning to passive investing.

This Episode Chris sits down with Dwight Dunton, Founder of Bonaventure (launched in 1999), to talk market cycles, risk resilience, and the real-world tax playbook that helps active landlords transition into passive investing without writing a giant check to the IRS on the way out. Dwight shares the origin story: how a family “mailbox money” apartment investment turned into Bonaventure, and how a 25-year-old with no formal real estate background convinced Fannie Mae to finance a $16M buyout and kickstart a vertically integrated multifamily platform. Today, Bonaventure manages roughly $3B in assets, focused entirely on multifamily (with a meaningful senior housing sleeve). Dwight breaks down we he refuses to anchor to a single market forecast, how Bonaventure evaluates “lift-off” in overheated Sunbelt markets, and why B/C assets in strong submarkets can outperform when rent growth is muted because you can create NOI instead of waiting for the market to hand it to you. If you’re sitting on a low-basis portfolio and want to go more passive without detonating your tax bill, this one is packed with frameworks and decision points. Disclaimer The content of this podcast is for…

People in this episode

Host: Chris

Guest: Dwight Dunton

Topics covered

• multifamily investing
• tax strategies
• market cycles
• passive investing
• real estate

Keywords

• multifamily
• tax moves
• real estate investing
• Bonaventure
• market forecast
• NOI
• passive income

Mentioned in this episode

Organizations: Bonaventure, Fannie Mae

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