# Surviving the Real Estate Downturn Page: https://stenobird.com/podcast/uncommon-wealth-podcast-7762972/surviving-the-real-estate-downturn Text version: https://stenobird.com/podcast/uncommon-wealth-podcast-7762972/surviving-the-real-estate-downturn.md Podcast: [Uncommon Wealth Podcast](https://stenobird.com/podcast/uncommon-wealth-podcast-7762972) Published: 2026-06-08T01:00:00+00:00 Episode link: https://podcasters.spotify.com/pod/show/jmacwealth/episodes/Surviving-the-Real-Estate-Downturn-e3kdntv Audio file: https://anchor.fm/s/1081f6694/podcast/play/121085311/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-5-6%2F425616844-44100-2-593a7d169821a.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/uncommon-wealth-podcast-7762972/episodes/surviving-the-real-estate-downturn Duration seconds: 2250 ## Resource What happens when a highly successful entrepreneur gets hit with the toughest business cycle of his life? In this episode of Uncommon Wealth, John McDonough sits down with multifamily real estate investor and entrepreneur Mark Kenney for a candid conversation about resilience, risk, wealth, taxes, liquidity, and the realities of building a business during uncertain economic times. Mark shares the hard lessons learned from navigating the multifamily real estate collapse, managing massive portfolios through rising interest rates, dealing with lender pressure, protecting investor capital, and overcoming the emotional toll that comes with high-stakes entrepreneurship. This episode is for business owners, investors, entrepreneurs, and anyone seeking a deeper understanding of wealth beyond money. In this episode, you'll learn: β€’ πŸ’° Why financial success can create new risks if you don't plan properly β€’ 🧠 The emotional resilience required to survive difficult business seasons β€’ πŸ“‰ What really happened in the multifamily real estate market during rising interest rates β€’ 🏦 How liquidity can save you when net worth cannot β€’ πŸ“Š The tax mistakes many investors and CPAs fail to recognize β€’ ⚠️ Common debt and financing traps that can destroy otherwise successful deals β€’ πŸ‘¨β€πŸ‘©β€πŸ‘§β€πŸ‘¦ Why faith, family, health, and relationships matter more than money About Mark Kenney: Mark Kenney is the founder of Think Multifamily and a seasoned real estate investor with decades of experience acquiring, operating, and managing multifamily properties across the United States. He is also the author of Surviving the Multifamily Collapse, where he shares real-world lessons from one of the most challenging market cycles in recent history. Connect with Mark Kenney: 🌐 Website: https://thinkmultifamily.com πŸ“˜ Linke… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/uncommon-wealth-podcast-7762972/episodes/surviving-the-real-estate-downturn/transcription-requests` β€” Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/uncommon-wealth-podcast-7762972/surviving-the-real-estate-downturn.md` β€” Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.