Platform ventures Launches Multifamily Housing Development Platform to Meet Rising demand
kansas City-Based Platform Ventures Has Announced the Formation Of Platform Multifamily,A New Platform Focused On Ground-Up Apartment Development And Construction. This Strategic Move Aims To Capitalize On The Increasing Demand For Multifamily Housing Across The United States.
Christopher N. Bennish To Lead The Charge
The Firm Has Appointed Christopher N. Bennish As Managing Director To Head The New Venture. Bennish Brings Extensive Experience To The Role, Having Previously Overseen The Development Of Approximately 3,300 Units Totalling $750 Million In Capitalization At Price Development Group. His Prior Roles Also Include Development Positions At Alliance residential,Where He Contributed To 1,700 Units Worth $240 Million.
“We Are Excited To Welcome Chris To The Platform Ventures team As We Expand Our Residential Footprint,” Said Terry Anderson, Co-Founder & Co-President Of Platform Ventures. “Chris’s Deep Experience, Leadership, And Market Insight Make Him The Ideal Person To Launch And Grow Our Multifamily Development Platform.”
Strategic Focus: Central,Southeast,and Southwest U.S.
Platform Multifamily Will Concentrate On Developing Projects In Markets Where Platform Ventures Already Has A Strong Presence. The Focus Will Be Primarily Across The Central, Southeast, And Southwest Regions Of the United States, Leveraging Existing Investments And Market Knowledge.
This Launch Complements Platform’s Existing Housing Initiatives, Including The Santa Rita Ranch Master-Planned Community In Austin, Texas, And Its Diversified Housing REIT, Which Launched In 2018 with A $50 Million Regulation A Offering Focused On Multifamily, Student Housing, And Senior Living.
Platform Ventures: A Growing Portfolio
Platform Ventures Manages Over $3.5 Billion Of Assets As Of March 31, 2025, On Behalf Of Institutional, Family Office, And High net Worth Investors, Signaling A Significant Commitment To the Real Estate Sector.
Multifamily Housing Market: Key Trends
the Multifamily Housing Market Is Currently Experiencing A Period Of Dynamic Change. According To A Report By CBRE, Demand Remains Strong In Sun Belt Markets, Driven By Population Growth And Employment opportunities. However, Rising Interest rates And Construction Costs Pose Challenges For new Development Projects.
Do You Think The Focus On Specific Geographic Regions Will Give Platform Ventures A Competitive Edge?
Did You Know?
The U.S. Multifamily Market Saw Record-Breaking Rent Growth In 2021 And 2022, But Has Since Moderated As More Supply Comes Online. Despite This, Demand Remains Healthy, Particularly In Suburban And sun Belt Locations.
Multifamily Investment Landscape
The Investment Landscape For Multifamily Properties Is Evolving. Institutional Investors Are Increasingly Focusing On Sustainable And Energy-Efficient Buildings, Reflecting A Growing Awareness Of Environmental, Social, And Governance (ESG) Factors. Additionally, Technology Is Playing A Larger Role, With Smart Home Features And Digital Property Management Systems Becoming More Common.
What Role Do You See Technology playing In The future Of Multifamily Housing Development?
Platform ventures’ Assets Overview (As of March 31, 2025)
| Asset Type | Description | Geographic Focus |
|---|---|---|
| Multifamily Developments | New Ground-Up Apartment Projects | central, Southeast, Southwest U.S. |
| Master-Planned Communities | Large-Scale Residential Developments (e.g., Santa Rita Ranch) | Austin, TX |
| Diversified Housing REIT | Investments In Multifamily, Student Housing, and Senior Living | Various Locations |
The Future Of Multifamily Housing
The Multifamily Housing Sector Is Poised For Continued Growth, Driven By Demographic Trends and Lifestyle Preferences. As More Peopel Opt For Rental Housing, developers Are Adapting By Creating Innovative Communities with A Range Of Amenities And Services. furthermore, The Integration Of Technology and Sustainable Practices Is Becoming Increasingly Crucial.
Factors Driving Growth:
- Urbanization and population density
- Delayed homeownership among younger generations
- Increased demand for flexible housing options
- Growing focus on sustainability and technology
Frequently Asked Questions About Multifamily Housing Development
What Are Yoru Thoughts On The Future Of Multifamily Housing? Share Your Comments Below!
