Jim Fried discusses what he sees in the residential mortgage and commercial mortgage industries - new trends and ideas are emerging.
Jim also talks with Adam Lipkin, the C-PACE GUY, share how to get high-leverage non-recourse construction financing using C-PACE during the pandemic. Adam Lipkin, is the Executive Director for Counterpointe Sustainable Real Estate in Miami, FL, a Hannon Armstrong partner (NYSE: HASI).
Counterpointe Sustainable Real Estate is a direct capital provider of Commercial PACE (Property Assessed Clean Energy). which is an innovative financing structure that allows commercial property owners to repay investments for building upgrades and new construction using a tax assessment. PACE can reduce and replace expensive mezzanine debt or equity with long-term non-recourse fixed rate financing as low as 6% with flexible prepay.
Are you still looking for construction financing?
With many go to banks and lenders on the sidelines or not lending as they were pre-COVID, you need to find creative solutions to get financing.
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Jim Fried has been a real estate business person since 1980 and has had his own radio show since 2009.
Mr. Fried specializes in capitalizing commercial real estate transactions, unearthing urban land opportunities and is also a private lender.
He has been active in the real estate industry for many years as a financial intermediary, broker and investor. He has experience with many property types including, but not limited to: apartments, condominiums, retail centers, office buildings, industrial parks and health care – with a special focus on memory care.
Jim has closed over $3BB in real estate transactions during his career in markets across the eastern US.
Jim uses his communication skills to inform and entertain on his weekly podcast show – Fried on Business. Of course, the show discusses real estate, but he also tackles issues such as branding, sports business, philanthropy, entrepreneurship, public private partnerships as well as health and wellness.
He is also a mentor to many up and coming people in the real estate industry through his membership on the Board of The University of Florida’s Bergstrom Center for Real Estate Studies.
Mr. Fried is a winner of the Miami-Dade Public School Alumni Achievement Award.
Contact Jim via email at [email protected]