Lesson #2: Floating-Rate Debt and High LTVs Run Out of Options Fast
In a near zero interest rate environment, floating-rate debt and higher leverage can feel like a good choice. When debt is virtually free and you’re focused on maximizing returns, leverage is the way to do it. But the risk is always there, even when it doesn’t feel like it. When rates rise quickly, debt service […]
In the Arena: Real Estate Investing Lessons Learned Through the Ups and Downs of the Market Cycle
It’s been quite a cycle, and I’ve had a front-row seat to both the upswing and the downswing. Now that things have settled a bit, I wanted to share a series of lessons learned from this period. This season required a lot of hard decisions. Looking back, I’ve had time to reflect on what worked, […]
Are the Headlines True? – Additional Details
Thank you all for the support following the recent “Are the Headlines True?” Update. We received a lot of questions and input, and wanted to circle back with a clear update on where things stand regarding the two sour grape lawsuits. Many of you have asked for additional details, so I wanted to provide a […]
How Leadership Decisions Helped Reduce Losses and Protect Investor Value
After outlining what happened and why the market turned so quickly, this update focuses on the leadership decisions and operational actions taken to reduce losses and protect investor value during one of the most challenging real estate cycles in decades. Context Matters: Timing and Market Reality Approximately 80% of the portfolio was acquired in 2021 […]
Travis County Court Clears Alan Stalcup and GVA Parties — All Claims Dismissed With Prejudice in Overwatch Fund Lawsuits
The court finds no basis for investor claims, reinforcing the leadership integrity and operational compliance under Principal Alan Stalcup at GVA Real Estate Group. Austin, TX — January 15, 2026 — GVA Real Estate Group and its Principal Alan Stalcup have secured a decisive legal victory in the Overwatch Fund litigation after the Travis County District Court dismissed all claims […]
What Happened — And Why the Multifamily Market Unraveled So Quickly
Austin, Texas — In a follow-up to his recent statement on market disruption, Alan Stalcup has released a detailed explanation of how a decade-long, proven multifamily investment model broke down under the fastest interest-rate tightening cycle in modern history. A Strategy That Worked — For Over a Decade From 2010 through 2020, GVA operated a disciplined […]
Alan Stalcup Addresses Historic Market Reset and Investor Questions
Austin, Texas — Alan Stalcup, Principal of GVA, has released a candid statement addressing the unprecedented market disruption that reshaped the multifamily real estate sector over the past two years. The update follows a period of limited public commentary as markets experienced one of the fastest and most severe resets in modern real estate history. […]
Open Letter to GVA Investors
Dear Fellow Investors, I’m writing to you today with a sense of both responsibility and gratitude. Over the past year, you’ve watched as our company has faced legal challenges the media have chronicled extensively. While these stories have captured attention, they haven’t told the complete story, and you deserve to hear directly from me. I […]
Alan Stalcup: Championing Smart, Community-Centered Real Estate for Long-Term Value
In today’s evolving real estate landscape, traditional investment models are shifting. No longer is success measured purely by numbers on a balance sheet. Instead, the most forward-thinking real estate leaders are blending financial performance with community impact—and Alan Stalcup is at the forefront of this movement. Alan Stalcup, Founder and Principal of GVA Real Estate Group, has […]
A Higher Standard of Leadership: Building Trust Through Accountability, Transparency, and Long-Term Vision
Leadership in real estate is often measured by growth, scale, or short-term performance. I believe it should be measured by something more enduring: the systems we build, the accountability we uphold, and the trust we earn over time. Throughout my career, my focus has remained consistent—build organizations that operate with integrity, serve residents responsibly, protect […]