Kaufman Development

California’s GDP hit $4.25T in 2025. 5% growth. 16 straight years of expansion. The doom loop is a broker excuse and a media headline. The data is something else. Latest Kaufman Development Report 👇 tumblr.com/dkaufmandevelo…

25 years of building — and today it’s all in one place. Kaufman Development. DanReDev. Oldivai. Kaufman Ventures. Kaufman Real Estate & Consulting. Convivium Living. One platform. One strategy. Built to last. We originate. We operate. We hold. If you’re building something real — in real estate, infrastructure, or technology — I’d like to connect. 🔗 thekaufmanco.com #KaufmanAndCompany #RealEstate #RealEstateDevelopment #WorkforceHousing #DataCenters #Infrastructure

New episode of The Kaufman Report is live. 🎙️ Episode 6: Fire the Middleman — A Developer’s Playbook for Self-Performing and Buying Factory-Direct If you’re a general contractor, this one isn’t for you. If you’re a developer who’s tired of watching 15–20% of your project budget walk out the door in GC fees, overhead, and quiet buyout spreads — keep reading. This market cycle doesn’t reward the developer with the best location. It rewards the one with the lowest cost basis. And most developers are leaving millions on the table by outsourcing work and procurement they should own. In this episode I break down exactly how we do it at Kaufman & Company — from standing up your own construction entity to buying direct from manufacturers. Category-by-category. No fluff. Appliances. Flooring. Cabinets. Windows. HVAC. On a 250-unit deal, the procurement savings alone can run $2–4M. I also cover the objections — from lenders, equity partners, and your own team — and how to handle every one of them. 25+ years, 10,000+ units, $2B+ in active projects. This is how we actually build. 🎧 Listen here → podcasts.apple.com/us/podcast/the… #RealEstate #Multifamily #RealEstateDevelopment #ConstructionManagement #TheKaufmanReport #Podcast #VerticalIntegration #Development

The White House just confirmed what developers already knew. 10 million missing homes. Not 3M. Not 7M. Ten. The renter pool stays deep. BTR runway is longer than your model assumes. The ownership escape valve is shut. Supply math doesn’t lie. Full breakdown → tumblr.com/dkaufmandevelo… #Housing #BTR #Multifamily #RealEstate

The financing system for small residential developers has been broken for a long time. You find a great deal. You run the numbers. And then you hit the wall — lenders offering 12% interest, four points up front, and terms designed to squeeze, not support. That's the Shark Tank no one talks about. And it's exactly what Convivium Living was built to end. At Convivium, we believe great developers shouldn't have to trade equity in bad deals just to get off the ground. We've built a platform that combines deep advisory expertise with institutional-grade debt and equity — the kind of capital that big players have always taken for granted, now accessible to the builders who actually create community. We're not a broker. We're not a predatory lender. We're a partner. If you're a residential developer tired of fighting sharks to fund your next project, we'd love to connect. 📧 drew@conviviumlivingllc.com 🌐 liveconvivium.com 🔗 Read the full press release: openpr.com/news/4453265/t… #RealEstate #ResidentialDevelopment #ConviviumLiving #RealEstateFinance #PropTech #HousingInnovation #SmallDevelopers #CommunityDevelopment

Everyone's watching the same markets, following the same money, listening to the same voices. New episode of The Kaufman Report is live — why the crowd is wrong, why second-tier cities are the play, and why the data always beats the noise. 🎧 open.spotify.com/episode/4wBmTY…

Chicago. Miami. Wichita. Three of the tightest rental markets in America — and most allocators are missing it. 9 renters per vacancy in Chicago. 13 in Miami. Wichita just posted the biggest RCI surge in the country. Zero new units. The national cooling narrative exists. It doesn’t apply everywhere. Full breakdown: tumblr.com/dkaufmandevelo…

Most real estate narratives are built on lagging headlines. This one isn’t. I’m launching the Kaufman Real Estate Development Report to focus on what actually matters in this business, supply, demand, capital flows, and where the next opportunities are forming before they’re obvious. The first report looks at something almost no one is talking about: In 16 U.S. apartment markets, the development pipeline didn’t slow down. It disappeared. No units under construction. In some of the tightest markets in the country. That’s not a headline yet. But it will be. This is exactly where mispricing starts, when the data and the narrative diverge. Read the full report here: tumblr.com/dkaufmandevelo… If you’re a developer, investor, or operator, this is the signal worth paying attention to.

Excited to share some big news. We're expanding the Kaufman & Company platform — new acquisitions, AI-driven industrial development, and a nationwide growth initiative that reflects where real estate is heading. A few things we're focused on right now: → Scaling our multifamily and workforce housing pipeline → Developing micro data centers on power-ready industrial sites to support AI infrastructure demand → Deploying capital across commercial, mixed-use, and fix-and-flip programs in the U.S. and Canada Real estate is converging with technology faster than most people realize. We're building at that intersection. Full press release in the link below. Would love to connect with capital partners, operators, and developers who are thinking about the same things. 🔗 prlog.org/13136408-danie…

Everyone wrote Austin off too soon. After the pandemic boom collapsed into one of the steeper Sun Belt corrections, the narrative hardened fast: overbuilt, over-hyped, a cautionary tale. I’ve heard that story before. And I know what the early innings of a comeback look like. Elon Musk just announced TERAFAB, a joint chip and AI manufacturing initiative across Tesla, SpaceX, and xAI, with Austin at the center of it. He’s targeting a 50x scale-up in global AI compute capacity. The facility anchors near the Gigafactory. State leadership is already aligned. Hiring has started. The details are still thin. Musk’s timelines are famously optimistic. I’m not pretending otherwise. But here’s what I know as a developer and investor: you don’t wait for the ribbon cutting. By the time the institutional herd reprices Austin back into consensus bullishness, the window is closed. In my latest piece, I break down exactly what TERAFAB means for workforce housing, industrial, office, and for-sale residential, and where I’m looking right now. @danielkaufmanrealestate/austins-next-act-why-terafab-could-trigger-the-city-s-real-estate-comeback-05392c71b540" target="_blank" rel="nofollow noopener">medium.com/@danielkaufman…

🎙️ Tune in — I'm headed to Multifamily Matters! I had the privilege of sitting down with the team at Multifamily Now for a candid conversation airing March 23–27, 2026 on MultifamilyNow.com. We covered the topics I think about every single day: 📊 Why market narratives and underwriting reality are dangerously out of sync 🏠 Why renting is outperforming owning in today's affordability reset 📍 Where deals still pencil — even when risk is mispriced 📋 My disciplined 2026 playbook: supply dynamics, entry basis, stress-testing, and always buying with a true margin of safety If you're a multifamily developer, investor, or operator trying to cut through the noise and make smart decisions in this market, I think you'll find this conversation worth your time. 🎧 Listen here: multifamilyradio.com/episode-417 #MultifamilyMatters #RealEstate #MultifamilyInvesting #HousingMarket #Multifamily

Today is a milestone I've been building toward for a long time. I'm proud to announce the full activation of Kaufman & Company as the central holding company for our integrated real estate and AI infrastructure platform — now coordinating more than $2 billion in active development and advisory activity across the United States. This isn't a rebrand. It's the formalization of a thesis we've been executing on, company by company, for years. Under one roof: 🏗️ Kaufman Development — multifamily, BTR, mixed-use, and data center development 🏢 DanReDev LLC — modular and AI-enabled real estate in high-growth Sun Belt markets 📊 Daniel Kaufman Real Estate — research, market intelligence, and investor insights 🏘️ Oldivai — workforce housing for the missing middle, built modularly at scale At the core of our 2026 expansion is a bold bet: the future of real estate sits at the intersection of workforce housing and compute infrastructure. On the digital side, Project Zero — our modular micro data center initiative — is moving from Detroit prototype to national rollout across Texas, Florida, the Northeast, and California. On the housing side, Oldivai is delivering attainable homes for working families in Winooski VT, Shelburne VT, and Jacksonville FL — faster, better, and at a scale the market desperately needs. "We built this platform intentionally. Now the infrastructure is in place. 2026 is when we scale." 📰 Full press release: pr.com/press-release/… Happy to connect with capital partners, operators, and municipalities who want to be part of what we're building. #RealEstate #AIInfrastructure #WorkforceHousing #ModularConstruction #DataCenters #KaufmanAndCompany #Oldivai #ProjectZero

The mall is dead. Except it's not. Feb 2026 foot traffic: open-air +7.3%, outlets +7.2%, indoor +5.0% YoY. The malls winning figured out the transaction is secondary — the visit is the product. Tenant mix is now a programming decision. Full breakdown: tumblr.com/dkaufmandevelo… #RetailCRE #CRE

The rental market is “cooling.” Don’t let that word fool you. 22.7M renter households cost-burdened. 9.3M affordable units lost in a decade. New supply targeting the top. The bottom half is losing badly. This isn’t normalization. It’s bifurcation becoming permanent. 🔗 open.substack.com/pub/danielkauf…

Skiing has never been more popular. Yet the ski experience keeps getting worse. Crowds, $300 lift tickets, and workers who can’t afford to live in mountain towns. In my latest post I break down what’s broken in the ski industry, and how we’d build a resort differently today. And yes. We may actually be working on something. …ufmanrealestatedeveloper.blogspot.com/2026/03/whats-…

Five weeks ago, Jerome Powell was running out the clock. The January FOMC meeting was a non-event. Rates were in a "plausible range of neutral." The soft landing narrative was intact. Powell was in cruise control. That narrative is now in the trash. In the span of a single month: → Geopolitical tensions with Iran pushed oil higher → PCE and PPI came in hot on sticky services inflation → A Supreme Court ruling blew up Trump's tariff framework → The U.S. shed 92,000 jobs in February — one of the largest monthly drops since COVID This is the Fed's nightmare scenario. The dual mandate is supposed to work like a seesaw. Inflation runs hot, you tighten. Growth stalls, you ease. The mechanism only works when the two sides break in opposite directions. Right now, they're both breaking wrong — simultaneously. That's not a rate-hiking problem. It's not a rate-cutting problem. It's a "there's no good move here" problem. And the next FOMC meeting isn't until March 18. Watch what happened in Treasuries on Friday. The initial reaction to the jobs print was a selloff — yields moved higher. Then it reversed. The whole session was a live argument between two competing risks: structurally higher inflation vs. deteriorating growth. No clean answer. Messy tape. Messy reality. For those of us financing long-duration real estate assets, this matters. Capital markets need clarity to price risk. When macro signals contradict each other, underwriting assumptions fall apart, lenders get conservative, and deals sit. The traditional playbook broke down on Friday. There's no elegant exit from a vise. Full breakdown here 👇 @danielkaufmanrealestate/the-fed-is-caught-in-a-vise-and-it-knows-it-00df4b107987" target="_blank" rel="nofollow noopener">medium.com/@danielkaufman… #RealEstate #Macroeconomics #FederalReserve #CRE #Investing #TheKaufmanReport

I just published a new piece on Substack about something that took me a long time to fully understand, letting go. In business, and in life, it is easy to confuse holding on with strength. It can feel productive to replay the offense, build the case, and wait for payback. But over time, I have seen the opposite play out. The people who stay locked into revenge usually lose the most, focus, energy, relationships, and forward momentum. This post is about forgiveness, not as weakness, but as strategy. It is about what 25 years in business taught me, what research helped clarify, and why letting go is often the real power move. If you have ever had to move forward while carrying disappointment, betrayal, or resentment, this one may resonate. Read here: open.substack.com/pub/danielkauf… #Leadership #Business #Entrepreneurship #Mindset #Forgiveness #PersonalGrowth #DanielKaufman #Substack

The media has declared SF dead. Then NYC. Then Chicago. Then LA. Then Boston. They’ve been wrong every single time. The stickiness isn’t gone. It never was. The media just gets more clicks saying it is. Full take: open.substack.com/pub/danielkauf…

Something we’ve been building toward for a long time — it’s finally here. 🎙️ 25 years in real estate. Multifamily. Mixed-use. Workforce housing. Resort development. Deals that worked. Deals that didn’t. Policies that never made sense. Now we’re talking about all of it. The Kaufman Report is the official podcast of Kaufman & Company — where Principal Daniel Kaufman shares what’s actually happening in real estate. The deals, the market cycles, the housing policy debates, and the ground-level realities that most people get wrong because they’ve never done the work. No fluff. No theory. Just the truth. 🎧 The Kaufman Report is live now on Apple Podcasts and Spotify. Apple: podcasts.apple.com/us/podcast/the… Spotify: open.spotify.com/show/1kiBNp3XD… Want to be a guest? Email jess@thekaufmanco.com #TheKaufmanReport #KaufmanAndCompany #RealEstate #RealEstatePodcast #HousingPolicy #RealEstateInvesting #Multifamily #RealEstateDeveloper #HousingMarket #RealEstateEducation #PropertyDevelopment #RealEstateTips #Podcast #NewPodcast #RealEstateExpert #DanielKaufman

Hot take: the “companies are fleeing New York” story was always media narrative, not market reality. American Express just committed to a brand new 55-story, 2M sq ft headquarters in Lower Manhattan for 10,000 employees. Follow the buildings, not the headlines. 🔗 open.substack.com/pub/danielkauf…