In Episode 21 of Unscripted, we go deep into what it really takes to transform a distressed asset into an award-winning community. Host Andrew Bowen travels to Houston to speak with Elizabeth Castro Gray, co-founder of Lamppost Capital and past president of the Houston Apartment Association, who shares her journey of revitalizing The Reserve at Belfort — a 1955-built multifamily property once plagued by crime and disrepair.
Elizabeth breaks down the multifamily property turnaround process from both an operational and human lens. You’ll hear how she:
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Raised a crime-ridden asset to 2023 HAA Property of the Year
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Navigated COVID-era financial hits and rising interest rates
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Leveraged zero deposit solutions to ease move-in costs for working families
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Built pride and trust among residents and staff — with boots-on-the-ground leadership
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Advocates for smarter screening, property ownership culture, and market transparency
This episode is a must-watch for real estate investors, property managers, and industry professionals looking to understand what true community impact looks like — especially at the Class C, workforce housing level.
📍 Whether you’re focused on operational excellence, resident retention, or owning in underserved markets, this story delivers insights you won’t find anywhere else.
