May 27, 2019
Michael discusses and defines the term: KEY PRINCIPAL and how it applies to commercial real estate lending. The lender makes the loan to the Borrower. The Borrower is not typically an individual; but typically a limited partnership. Generally, where the Borrower is a limited partnership, the general partners are the...
ASK MIKE MONDAYS - Michael, can you define what KEY PRINCIPAL is?
May 27, 2019
Michael discusses and defines the term: KEY PRINCIPAL and how it applies to commercial real estate lending. The lender makes the loan to the Borrower. The Borrower is not typically an individual; but typically a limited partnership. Generally, where the Borrower is a limited partnership, the general partners are the...
May 27, 2019
For various reasons, not all apartments will qualify for a
Fannie Mae or Freddie Mac loan today.
An example could be that current net operating income (NOI) versus
sales price does not support a higher leveraged loan amount. Today,
borrowers are seeking the right loan structure that can “bridge”
them from point A to...
May 19, 2019
Michael discusses some recent economic information that Greg Willett from RealPage has shared with investors. Possible slowdown coming in 2020-2021 and the impact it will have on apartment leasing and ownership.
May 18, 2019
Today, Allan and Laurel Beazer passively own over 2000 apartment units. A few years ago, they got mad after their CPA told them they may have to work many more years to have a decent retirement. They found a better way. They joined an education & mentoring group that focused on multifamily investing. Listen to their...