MultiFamily Deal Talk Podcast with Kevin Parrish

Analyzing a 286 Unit Multi-Family McKinney Property with Chris Mendenhall (Ep. 5)


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Another great deal talk this week with my good friend Chris Mendenhall. Chris is the Senior Vice President of Investments at ClearWorth Capital, a University of Arkansas at Fayetteville Alum, and has a wealth of knowledge and experience in the commercial real estate game.

He brings an interesting deal to us and, like our previous episodes, we'll run it through my SAFE method, analyze the deal, explain the investment to exit timeline, and have some fun questions at the end as well.

Time Stamps:

(1:19) Chris's Bio

(3:17) Why Multi-Family?

(4:48) The SAFE Method

(4:57) Sourcing The Deal

(8:36) Analysis of the Deal

(10:42) Investment to Exit Timeline

(13:47) Structure and Financing

(16:30) World Shutting Down During COVID

(31:02) The Result

(34:22) One Thing to Change in Multi-Family

(36:12) Advice Getting Into The Business

(37:29) Future of Multi-Family

(39:22) Buy or Sell

(44:20) Where to Find Chris

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MultiFamily Deal Talk Podcast with Kevin ParrishBy Kevin Parrish