On this episode of the Passive Income Playbook, host Pascal Wagner interviews Michael Blank, founder of Nighthawk Equity, about navigating multifamily investments in today's market. Blank, who manages over $300 million in assets across nearly 2,000 units, provides insights on how the multifamily landscape has evolved since the 2022 market peak, explaining why current opportunities offer better risk-adjusted returns with lower leverage and improved market outlook. He shares lessons from his journey through various investment vehicles before finding multifamily, discusses the importance of geographic concentration for operational excellence, and offers practical advice for passive investors on vetting operators. The conversation provides valuable guidance for LPs seeking to make informed decisions in commercial real estate syndications during this transitional market period.

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On this episode of the Best Ever CRE Show, host Slocomb Reed interviews Grant Reigner, founder of Peak Three Properties, about his journey from small residential investments to commercial multifamily deals. Grant shares the story of acquiring a 41-unit apartment building in Kokomo, Indiana, detailing how he structured the deal with creative financing, including seller financing and bank participation in the capital expenditure budget. He discusses the challenges of navigating a nine-month closing process, managing an unexpected boiler failure, and adapting to unusual winter vacancy patterns. The conversation provides valuable insights on secondary market selection, value-add renovation strategies, and the importance of building contingency funds into commercial real estate deals.

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On this episode of The Horizon, host John Chang interviews Joe Fairless, co-founder of Ashcroft Capital, about navigating today's complex commercial real estate landscape. Fairless, who manages over $2.8 billion in assets across 14,000 apartment units, shares insights on finding opportunities amid market distress by cultivating relationships with lenders seeking capable operators for distressed properties. They discuss the record-breaking apartment absorption in late 2023, the decreasing construction pipeline, and how these fundamentals create buying opportunities despite challenging capital raising conditions. Fairless also candidly addresses lessons learned from previous deals and emphasizes the importance of "extreme ownership" when communicating with investors during difficult market periods.

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On this episode of the Best Ever CRE Show, hosts Amanda Cruise and Ash Patel talk with Casey Mericle about his innovative approach to commercial real estate investing through creative financing. Mericle shares his strategy of acquiring properties at higher prices in exchange for favorable seller financing terms, which he then leverages by moving the mortgages to other value-add properties. He explains how he structures deals to solve multiple parties' problems simultaneously, particularly in helping 1031 exchange investors find temporary parking spots for their capital. The conversation provides detailed insights into using options, navigating seller financing, and creating win-win scenarios in today's high-interest-rate environment.

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On this episode of the Best Ever CRE Show, host Joe Cornwell and his business partner Anderson Morgan dive into their current redevelopment project - transforming a historic 11,000 sq ft theater in Reading, Ohio's Bridal District into a modern multifamily complex. They discuss navigating complex construction challenges, securing crucial city partnerships for tax abatement and parking solutions, and their market analysis methodology for determining optimal unit mix and pricing. The conversation offers valuable insights into tackling large-scale redevelopment projects in today's high-rate environment, emphasizing the importance of extended due diligence periods, public-private partnerships, and strategic market positioning for success.

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On this episode of the Best Ever CRE Show, host Slocomb Reed provides a comprehensive foundation for new passive real estate investors looking to deploy significant capital. Reed breaks down the essential decision-making framework between income-focused investing (targeting monthly or annual returns for current lifestyle needs) versus wealth-building strategies (compounding capital for future milestones). He explains three key methods to accelerate capital growth in real estate: forcing appreciation through value-add improvements, leveraging market trends for natural appreciation, and acquiring properties below market value. This educational episode helps listeners align their personal financial goals with the appropriate real estate investment strategies to maximize their returns.

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On this episode of Next Level CRE, host Matt Faircloth interviews Reed Goossens, head of RSN Property Group and veteran of 27 syndications totaling over $900 million in transactions. Goossens shares insights on navigating the current multifamily downturn, including how his firm closed five deals over the past two challenging years by focusing on positive leverage and agency debt. The conversation explores distressed opportunities emerging in the market, lessons from both successful and challenging deals, and why international investors are drawn to US real estate investments. Goossens also discusses his transition from structural engineering to real estate syndication and offers practical advice for investors entering today's market.

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On this episode of the Best Ever CRE Show's Passive Income Playbook, host Pascal Wagner interviews Sanjay Vora, CEO of Vessar and advisor to over 200 fund managers. Vora shares his evolution from tech executive to fund manager, offering deep insights into private fund evaluation, discussing key due diligence strategies, and emphasizing the importance of diversification in passive investing. Drawing from his experience with over 25 syndications and 100+ debt deals, Vora provides actionable advice for investors on analyzing fund managers, understanding capital stacks, and avoiding common investment pitfalls.

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On this episode of the Best Ever CRE Show, host Joe Cornwell sits down with his business partner Anderson Morgan to discuss how investors can leverage construction expertise to enhance their real estate investments. Morgan shares his journey from a live-in flip to developing a successful construction company, offering insights on building reliable contractor relationships, managing expectations between GCs and investors, and why controlling the construction aspect of real estate investing has been crucial to his success. This episode is part one of a two-part series, with the second part focusing on a specific redevelopment deal case study.

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On this episode of The Horizon with John Chang, Brian Murdy draws from over 40 years of commercial real estate experience to analyze current market dynamics and future opportunities. With multiple market cycles under his belt since Black Monday in 1987, Murdy explains why the bid-ask spread is finally narrowing and why private capital has advantages over institutional investors in today's market. He shares his bullish outlook on multifamily, predicting an 11% unlevered IRR over the next five years, while noting that markets historically rebound faster than experts predict. The conversation provides valuable perspective on why real estate fundamentals remain strong despite current interest rate headwinds, especially given the widening gap between home ownership costs and apartment rents.

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