The LSCRE Podcast

Welcome to episode 29 of LSCRE! We are joined by Shelon "Hutch" Hutchinson, co-founder of H Squared Capital and an active-duty Marine with over 20 years of service. Hutch uses his military background to raise capital for multifamily real estate investments.

He targets veteran investors, particularly retired veterans who are accredited and own small businesses, and focuses on educating veterans about passive income to bridge the gap during their transition from active duty. Hutch evaluates real estate deals based on the sponsor's character and track record, preferring B-class properties and distressed assets.

Tune in to hear how Hutch is helping veterans build generational wealth through real estate investing!

Learn more about LSCRE:
www.lscre.com 

Preserve at Copperleaf formerly known as Cortland Copperleaf, a 240-unit apartment complex in Houston, is now part of our portfolio! This acquisition was unique as we bought it through a private Real Estate Investment Trust (REIT). It took some legal expertise and a month-long negotiation, but we're thrilled with the outcome. We closed the deal smoothly and left a positive impression on the seller, leading to more opportunities down the road.

This deal showcases our ability to navigate complexities and create value for our investors. 

Learn more about LSCRE:
www.lscre.com 

In this episode, I'm excited to announce that I'll be taking on the role of COO at LSCRE. This position is crucial for driving operations and ensuring our firm's growth and success.

Craig and I discuss the current market challenges, the need to adapt, and the benefits of reinvesting in the company. We emphasize that everyone at the firm must take on more responsibility as we grow.

We also cover the recent changes to the debt structure of our Grand Riviera deal. We transitioned from a bridge loan to a fixed-rate structure with a preferred equity component, reducing our cost of debt. Introducing this more complex structure to investors posed some challenges, but maintaining trust and open communication is always key.

We highlight the positive response we have received from both existing and new investors, as well as the interest generated from our podcast!

Learn more about LSCRE:
www.lscre.com 

Don't miss today's episode of LSCRE! Hear Brian Briscoe, founder and principal of Streamlined Capital Group shares his journey from the military to real estate investing. Brian spent 20 years in the military before transitioning into real estate. Inspired by a book on apartment investing, he dove into the world of real estate in 2016, eventually closing deals on three apartment complexes.

Currently, Brian focuses on investing in the Salt Lake City market, aiming to buy properties at fair prices and hold them long-term for appreciation. He emphasizes the importance of focus in real estate investing, highlighting the benefits of concentrating efforts in specific markets.

For investors, Brian advises prioritizing quality properties over chasing high returns, advocating for long-term investment strategies with tax advantages.

Learn more about LSCRE:
www.lscre.com 

With recent rate volatility, we’ve pivoted to a creative financing strategy to keep things flexible and cost-effective. Instead of a bridge loan, we’re now combining a lower leverage senior loan with a preferred equity tranche. This means we get the same amount of debt but with a more attractive, fixed interest rate.

This new debt structure is less risky with the 5-year term and also improves the numbers through a lower all-in interest rate while retaining flexibility to sell or refi in 24-36 months. 

Welcome back to the LSCRE podcast! Join me and Craig McGrouther as we unpack the latest in commercial real estate. Learn about our newest deal, Grand Riviera, which is now live, offering a prime 506C opportunity for accredited investors only.

Mark your calendars for our flagship conference at One World Trade Center this September. With a condensed format and a lineup of industry luminaries, this event promises unparalleled insights and networking opportunities.

Throughout the episode, we explore cap rates and the complexities of loan assumptions, while also dissecting recent industry moves, including Blackstone's significant multifamily acquisition. Drawing from our own experience with the Cortland Copperleaf acquisition, we shed light on the challenges posed by REIT structures, the value of streamlining transactions and more!

Don't miss out on valuable insights—tune in now!

Learn more about LSCRE:
www.lscre.com 

Join us for another exciting episode of LSCRE! Tory Sheffer, the founder of Sheffer Capital, takes us through his fascinating journey into the real estate world. Discover the massive deal that kickstarted his multifamily investment career!

In this episode, we also dives into his acquisition process, which involves cold calling, direct mail, and working with brokers. Tory also shares insights on returning capital to investors and maximizing capital velocity in his business model.

Tune in now to learn more and catch Tory's perspective on the current market conditions and hottest real estate take!

Learn more about LSCRE:
www.lscre.com 

Taking the time to focus on strategic planning and team alignment is essential for any growing business! It’s about looking at the big picture and setting long-term goals.

Our quarterly off-site meetings allow us to step back, reflect on wins and challenges, and chart our course forward.

Learn more about LSCRE:
www.lscre.com 

In our latest episode of the LSCRE Podcast, Craig McGrouther and I dive into our newest acquisition, Grand Riviera, highlighting its strategic location, unique features, and the value-add potential. We also chat about our upcoming LSC Summit — a highly curated real estate conference aimed at fostering connections and business opportunities!

We pivot to discussing the ins and outs of underwriting cap rate compression and expansion. From market dynamics to risk assessment and investment strategies, we stress the importance of factors like yield on cost and cash flow analysis when evaluating opportunities.

Throughout the episode, we offer insights on navigating economic cycles in the real estate market, particularly in the multifamily sector. Our advice? Embrace a contrarian mindset, grab hold of value-adding chances, and maintain a careful, thorough approach to analysis.

Learn more about LSCRE:
www.lscre.com 

Join me and Francis Mangubat in today's LSCRE episode! Francis, a top-selling realtor in Philadelphia, brings relentless drive, creative strategy, and a proven track record of success. He graduated from the University of Delaware with a degree in finance. Discover how he turned inspiration from "Million Dollar Listing" into a thriving career.

In our chat, we explore Francis's immigrant story, his rise in real estate, and his impressive value-add deal—turning $400,000 into $830,000!

Stay tuned to learn more about strategies for sourcing development deals, conveying the value proposition to investors, and more!

Learn more about LSCRE:
www.lscre.com