Dr. Kimberly Workman takes you deep into the numbers: why institutional buyers are paying $331,000 per unit for new builds, and why we're targeting vintage properties at $66,000-$175,000 per unit in the same corridor.

What You'll Learn:

• Why Biltmore's walkability commands a premium (rare for Phoenix)
• Echo Biltmore: $71.3M sale ($331K/unit) proves institutional demand
• The vintage arbitrage: 7-8% cap rates vs 5% for Class A
• Why Biltmore held 2-4% rent growth while metro Phoenix dropped 3%
• The exit strategy: renovate vintage, sell to institutional buyers

Connect with Dr. Kimberly Workman: LinkedIn

In this episode, Dr. Kimberly Workman breaks down why January 2026 might be the best entry point for vintage multifamily in Phoenix that we've seen in years. Learn why smart money is avoiding shiny new builds and targeting "ugly" 1970s-1990s garden-style properties instead.

Key Takeaways:

• Why the Phoenix supply wave is cresting (units under construction down 29%)
• The math: vintage trades at 6-7.5% cap rates vs 5.5% for new builds
• How to acquire at $125-200 PSF vs $300+ replacement cost
• Why Phoenix leads the nation in net migration
• The value-add playbook: 20-30% rent bumps post-renovation

Connect with Dr. Kimberly Workman: LinkedIn

Welcome to Episode 1 of The Physician LP.

In this debut episode, we introduce Dr. Kimberly Workman - a board-certified orthopedic surgeon, Fellow of the American Academy of Orthopaedic Surgeons, and Fellow of the American Orthopaedic Foot and Ankle Society. She specializes in foot and ankle surgery at Providence St. Vincent Medical Center in Portland, Oregon.

But here's what makes her story remarkable: while working full-time in the OR, Dr. Workman raised $10 million in capital and founded Sola Capital Ventures - a firm built to help physicians deploy capital into commercial real estate the smart way.

Learn how she went from surgeon to syndication expert, and why she's the person high-earning physicians need in their network.

Connect with Dr. Kimberly Workman:
Website: solacapitalventures.com

LinkedIn: https://www.linkedin.com/in/kimberly-workman-md