Behind the Curtain: The Secret World of Multifamily Lenders – and How to Navigate it
A discussion of debt should always begin with a description of the capital stack. Capital stack refers to the hierarchy of debt and equity in
A discussion of debt should always begin with a description of the capital stack. Capital stack refers to the hierarchy of debt and equity in
Funding can be one of the largest barriers to entry in the real estate business. I remember the very first time I walked into a
The offering process can be quite different depending on the asset class we are discussing. In the single-family investing business, offers are usually made directly
Negotiating a master lease option for multifamily begins long before the offer is made. All good negotiations begin with gathering information, and it’s no different with
“Location, location, location!” We have all heard this tried-and-true real estate adage. Although I do completely agree with the value of a good location, money
The income approach focuses on the value of a real estate investment based on its ability to produce income. The more cash flow a property
The comparable sales approach to valuing a multifamily asset considers the comparable sales (comps) in the area. You will look at what other people have paid
Anyone who says that the pen is mightier than the sword never brought a pen to a sword fight. In the multifamily real estate business
Now that you have chosen your market, you need to get deal flow. What is the right size property to start with? If you start
Anyone who has been in real estate at all will tell you that finding good deals is most of the work in any real estate