Our CEO @DavidBerneman joined the Peak Property Performance podcast to talk CRE data ownership, AppFolio integrations, and operational intelligence. 🎧 peakpropertyperformance.com #proptech #cre

It's always good to take a moment and reflect. A recent trend going viral on Tik Tok and other social media outlets revisits #2016 —a year that, in hindsight, marked a meaningful inflection point in the modern real estate cycle. At the time, capital was abundant, technology was reshaping access to deals, and real estate investing felt increasingly democratized. Online platforms, as described in an hashtag#LATimes article written about me and Golden Bee, enabled individual investors to back house flippers and value-add operators across the country, a trend widely covered at the time. Optimism was high, and projected returns were often emphasized over execution risk, leverage, or downside protection. In 2016, speed, scale, and access defined the moment. What received less attention—until later—was how these investments would perform once conditions changed. Today’s market is very different from 2016, but the parallels are instructive. Assumptions are again being tested, easy exits are less certain, and capital has become more selective. In environments like this, long-term thinking and operational control matter more than momentum. We are pushing to recreate the optimism of 2016 in 2026. latimes.com/business/la-fi-c…

Multifamily Vacancy Rates 10% Or Higher Atlanta 11.8% Austin 14.3% Baton Rouge 14.4% Birmingham 14.9% Charleston 10.2% Charlotte 12% Cleveland 10% Colorado Springs 13.4% Columbia, South Carolina 10.7% Columbus, Ohio 10.3% Dallas/Fort Worth 12% Denver 12.5% Durham 11.1% Greenville 10.3% Houston 12.3% Huntsville 18.3% Indianapolis 11.1% Jacksonville 12.3% Las Vegas 10.4% Little Rock 11.7% Memphis 15.7% Nashville 11.4% New Orleans 10.7 % Oklahoma City 11.8% Orlando 11.2% Phoenix 13.1% Raleigh 11% Saint Louis 10.6% Salt Lake City 12.3% San Antonio 15% Sarasota 18.9% Tampa 11% Tucson 11.3% Tulsa 11.8% -Cushman and Wakefield #CommercialRealEstate

This holiday season, the Golden Bee team came together to give back by volunteering at Our Big Kitchen, a local organization dedicated to preparing meals for those in need. Alongside donating our time, we were proud to support their mission with a contribution to help extend their impact. Moments like these remind us that community is at the heart of everything we do. Wishing everyone a joyful holiday season and a healthy, prosperous new year. 🎄✨ #GoldenBee #GivingBack #CommunityFirst #HolidaySeason #VolunteerTogether #OurBigKitchen #TeamCulture #MakingAnImpact

As we close out the year, we’re grateful for the people who make Golden Bee what it is: our team, partners, residents, and communities. This year reminded us that real estate is ultimately a people business. The work we do only matters if it strengthens the communities we serve. Our staff spent some time serving the community at @OurBigKitchen and thoroughly enjoyed the experience of helping our community who are food insecure. Cheers to a new year filled with purpose, thoughtful growth, and continued impact. 🥂

I’ve always said my real estate career actually started before real estate — in urban planning studios, staring at zoning codes and street grids. Funny enough, that background still shapes how I think about every project we take on at Golden Bee: 👉 how people live 👉 how neighborhoods evolve 👉 how design and investment intersect Appreciated the chance to share that journey on the podcast. It’s a reminder that your early experiences have a way of showing up again later in life. 🎧 Episode link: lnkd.in/g4m4DiiA

🧡🍁 Happy Thanksgiving from Golden Bee! 🍁🧡 As we reflect on this year, we’re especially grateful for the people who make our work possible. To our investors, thank you for your trust, partnership, and belief in our vision. To our employees, thank you for your dedication, resilience, and commitment to excellence every single day. Together, you help us continue building thriving communities and long-term value. Wishing you and your families a warm and joyful Thanksgiving! 🦃✨ #Thanksgiving #Gratitude #TeamAppreciation #InvestorRelations #GoldenBee

The real Halloween horror: realizing how much candy you now have to “help” the kids finish. Even the skeleton couldn’t handle the post-Halloween sugar rush. ☠️🍬

Excited to see this one moving forward! At Pacific Crest Design Build @pcladesign (Golden Bee’s sister design/build firm), we’re focused on creating designs that feel both timeless and responsive, homes that respect neighborhood character while bringing modern livability to every square foot. This Culver City project is a perfect example: thoughtful zoning alignment, elegant lines, and a flexible ADU design that reflects how California families actually live today. Proud of the team for turning bold ideas into buildable realities. If you’re exploring ways to bring modern, high-quality design-build solutions to your next residential project, follow Pacific Crest @pcladesign for updates — and reach out if we can help bring your vision to life. #DesignBuild #Architecture #ADU #HousingInnovation #PacificCrest

How car-centric was LA during its frenzy of freeway building? In 1961, a proposal to alleviate traffic on PCH was a 6.5-mile causeway spanning over Santa Monica Bay from SM to Malibu, anchored by artificial islands mined from Palisades' hills. Gov. Pat Brown vetoed it in 1965.

✨ What if you could unlock $7 million in value without raising rents or doing a major renovation?   At Golden Bee, we recently did just that in Long Beach, CA.   By partnering with a mission-driven nonprofit, we deed-restricted two of our assets for households earning less than 80% of AMI (area median income). In return, we secured a 95% property tax abatement cutting ~$450K in annual expenses.   The result? 📈 $7M in asset value created Affordable housing preserved A stronger community and stronger returns for our investors This is why I’m so proud of our team: they’re constantly pushing the envelope, thinking of ways to creatively add value. For me, this is proof that real estate can be both profitable and impactful. 💡 Creative, impact-aligned asset management is the future. If you are interested in learning more about how we accomplished this, feel free to DM me. #multifamily #realestateinvesting #affordablehousing #socialimpact #valuecreation

Sometimes the numbers don’t line up the way we’d like. Take one of our Las Vegas apartments: 📏 1,042 sqft, 2 bed / 2 bath 💸 Last rented at $1,648 🏷️ Current market rent: $1,469 ⚠️ That’s a loss-to-lease of -$179 (or -11%). Here’s the kicker, we still need to spend ~$29,000 in capex just to get the unit online at that LOWER market rent. This is the opposite of what most multifamily operators expect: instead of capturing a rental premium, we’re facing negative rent growth combined with high turnover costs. So the question becomes: 👉 Do you invest the capital and ride out the long-term upside of the market? 👉 Or do you hold back, preserve cash, and wait for stronger rent fundamentals before repositioning? These are the kinds of tough decisions that come with owning and operating workforce housing in today’s environment. What would you do in this scenario?

Listening to real estate economist @jayparsons share his insights on today's market was truly enlightening. Here are some key takeaways from his talk: - Over the past 31 months, income growth has outpaced rent growth, which is positive news for renters. - There continues to be strong renter demand nationwide. - Improvements in renewal experiences are leading to higher retention rates. - Rent growth in the country had been on the rise for the first time in two years, reaching 1.1% a few months ago, though it has since moderated. - Concessions have been on the rise for the past few years. - Contrary to popular belief, inflation is currently hovering around 2%. Jay Parsons' insights shed light on various aspects of the real estate market, providing valuable information for both renters and investors. #RealEstate #Investing #MarketUpdate

Today, we celebrate not just freedom—but the responsibility that comes with it. We honor the sacrifices of those who came before us by striving to build communities rooted in equity, dignity, and opportunity. Let’s continue working toward a future where liberty and justice aren’t just ideals—but reality, for all. #IndependenceDay #FourthOfJuly #GoldenBee #CommunityBuilders #RealEstateWithPurpose #LibertyAndJustice #HonorAndProgress #4thOfJuly2025 #ValuesDriven #FreedomWithResponsibility

Not every deal makes it to the finish line. Cypress Springs won’t, and here’s why that’s okay.... (read my full post on linkedin) linkedin.com/posts/david-ber…

Discipline sometimes means taking a small loss to avoid a bigger one. We recently sold one of our smaller properties—originally recapped in 2020 for $1.70M. After five years of ownership, we exited at $1.67M. Not ideal. But deliberate. Rising interest rates (from 5.5% to 8.0%) and cost pressures made the asset increasingly difficult to sustain. Holding on would have required continued capital support without a clear path to improved performance. Instead, we chose to protect the integrity of our broader portfolio—deleveraging by reducing exposure and freeing up capacity for stronger-performing assets. With this sale, we now operate six buildings within the portfolio. Each one is healthier because of it. As stewards of investor capital, we believe in being proactive—not reactive—and transparent when outcomes don’t meet the original thesis. This clearly wasn’t the return we hoped for. But it was the right decision at the right time. Have you had any recent transactions end in the same manner? #multifamily #realestateinvesting #capitalpreservation #portfoliomanagement #GoldenBee #investorupdates

Important news for apartment owners nationally: Federal appeals court in DC ruled, 7-3, lawsuits by landlords against the federal government, for losses from COVID eviction moratoriums, can move forward. Basically, the moratorium with no compensation, was a taking (cont)

#Vegas has more than just apartment buildings to invest in. Who knew? #RealEstateInvesting #InvestSmart

At Golden Bee, we believe that exceptional people are at the heart of our ability to manage and grow a high-performing real estate portfolio. One such team member exemplifying this principle is our current Director of Accounting, Parjanya Mishra, who joined Golden Bee in 2022 as an Accounts Payable Associate. From the outset, Parjanya demonstrated a strong command of the AP cycle—recording vendor invoices, ensuring timely and accurate payments, handling vendor communications, and performing detailed reconciliations. His initiative and reliability quickly earned him expanded responsibilities, including managing payments for critical obligations such as mortgages, insurance, and property taxes, as well as overseeing credit card reconciliations across the organization. Today, Parjanya leads our Accounting team, managing two additional accounting professionals and playing a pivotal role in maintaining the financial integrity of our operations.