Inside Rise48's Three-Level Underwriting Process

In this episode of the On The Rise Podcast, Rise48 Equity VP of Capital Formation Jeremy Dyer is joined by a member of the Rise48 acquisitions and asset management team for a deep dive into the company's disciplined, three-level underwriting methodology. Taken from the Fundamental Forum December 2025 Session. From initial market screening and qualitative filters to financial modeling, stress testing, and field-level validation, this episode pulls back the curtain on how Rise48 evaluates hundreds of deals to find the two to three percent that actually meet their standards. They also cover lessons learned from the 2021-2022 rate environment, how AI is being integrated into the underwriting process, and what the disposition outlook looks like heading into 2026 and 2027. An essential listen for any passive investor evaluating multifamily operators.