News
Neil Schimmel Shares Multifamily Strategy on The Spatial Show
Woodland Hills, CA – April 11, 2025 – Neil Schimmel, IMG Founder & CEO, shared insight as a guest on a recent episode of The Spatial Show. The podcast co-hosts, Elliot Golan and Vladimir Bosanac, interviewed Schimmel about his investment philosophy and thoughts on navigating today’s evolving multifamily landscape. Schimmel’s segment begins at the 29-minute mark and opens with a quick overview of our platform and guiding philosophy.
For 15 years, IMG has focused on acquiring, improving, and operating garden-style apartment communities. Our unique 1031 program — offering options to defer capital gains tax – allows clients an opportunity to stay invested in multifamily real estate for the long term. With a vertically integrated structure and a value-add focus, we manage every aspect of the investment lifecycle.
Mixed Optimism in a Challenging Market
Reflecting on the National Multifamily Housing Council (NMHC) Conference in January 2025, Schimmel noted that while optimism remains, deal flow is limited. Operating costs are rising, lenders are stepping in more often, and pricing still hasn’t corrected to match the new market realities. Despite these headwinds, our investment strategy remains active and adaptable — designed to perform across cycles. Rather than taking a broad acquisition approach, we focus on specific markets that show long-term growth potential, even in today’s environment. Schimmel emphasized the importance of deep broker relationships—especially when sourcing off-market and distressed opportunities.
Market Blind Spots & Policy Challenges
Schimmel also highlighted a topic that’s been under discussed: the lasting impact of pandemic-era tenant protections. While well-intentioned, these policies have resulted in increased fraud, reduced unit availability, and higher operating costs—consequences that continue to affect responsible renters and property owners alike. “The environment has made it harder for landlords to work with tenants in hardship,” Schimmel said. “We’re seeing responsible, paying tenants unfairly bearing the cost.” Our mission remains rooted in improving communities—because when residents win, investors win. Enhancing the tenant experience is central to everything we do.
Economic Occupancy Over Optics
The conversation closed with a discussion about operational performance. Schimmel explained our focus on economic occupancy—aligning collections and net revenue with physical occupancy. In a market where concessions are common, understanding the true financial performance of an asset is more important than ever. Ultimately, it’s about more than filling units. It’s about creating places where people want to live, stay, and thrive.
Watch Neil Schimmel’s full segment here or subscribe to The Spatial Show for more industry perspectives.
About The Spatial Show
Hosted by Elliot Golan and Vladimir Bosanac, The Spatial Show covers the strategies and stories shaping commercial real estate—from industrial to multifamily. Through expert interviews and sharp market commentary, the show delivers valuable insights for brokers, investors, and industry professionals alike.
About Investors Management Group
Founded by Neil Schimmel, IMG is a nationally acclaimed real estate investment and asset management firm highly specialized in apartment communities. Our mission is to create vibrant, sustainable living environments through strategic investments and a commitment to community development. With a network of over 1,000 accredited investors, we strive to enhance the quality of life for our 5,000+ tenants nationwide and support the growth of local neighborhoods. IMG’s culture is characterized by innovation and a steadfast commitment to creating value in multifamily investments. Learn more