The LSCRE Podcast

Join me for a Q1 2024 recap and insights into our latest acquisition, Aspire Apartments in San Antonio. Learn how we secured a sweet deal for our investors with a partial property tax exemption and a lower-than-expected fixed-rate loan!

While the first quarter saw limited activity, we remain steadfast in our approach. Rather than rushing into deals for short-term gains, we prioritize quality over quantity. Patiently waiting for the right opportunities ensures that investments align with long-term objectives, safeguarding investor trust and reputation.

Learn more about LSCRE:
www.lscre.com 

In this episode, we'll kick things off with a roundup of recent events, including announcements about an upcoming 506C deal in Dallas and our can't-miss LSC summit event on September 15th and 16th. From there, we'll take a trip down memory lane as we recap the whirlwind of conferences and networking events that defined Q1, sharing key takeaways from industry gatherings like NMHC in San Diego and the Best Ever Conference.

We'll also explore the broader market landscape, discussing Treasury rate volatility, potential rate cuts, and their implications for deal underwriting. Plus, we'll dive into the concept of rate parity and its impact on floating rate loans.

Tune in now to get the inside scoop on LSCRE's latest deal activity, from successfully closing the Aspire Apartments deal to exploring innovative deal structures and more!

Learn more about LSCRE:
www.lscre.com 

Welcome back to another episode of LSCRE with a special guest, Jonathan Livi, principal and founder of Livi Kapital. He has spent over 15 years as an equity broker, connecting sponsors with institutional equity groups and family offices. In this episode, learn the criteria Jonathan looks for in evaluating potential sponsors, including track record, asset management capabilities, and institutional experience.

Stay tuned for more informative content on real estate investing and equity partnerships! Share your thoughts and experiences in the comments below.

Learn more about LSCRE:
www.lscre.com 

In this LSCRE podcast, I explore how the macro market and stock market relate to real estate investing. There's a lot of uncertainty surrounding the market, with questions about whether we're in a recession, if the Fed has raised rates too much or not enough, and overall volatility.

Let's uncover the advantages of real estate investing over the stock market for individual investors. Learn how savvy investors can potentially outperform comparable stock market investments on a post-tax basis by leveraging these advantages.

Learn more about LSCRE:
www.lscre.com 

Join us for an insightful episode of the LSCRE podcast with Zach Haptonstall and Bikran Sandhu, co-founders of Rise48, a leading multifamily real estate investment firm. During our conversation, we will dive into their acquisition strategy, equity raising process, and the infrastructure they have built to scale responsibly. You will learn about their unique approach to identifying target markets, as well as the benefits of vertical integration and how they have brought construction management, supply chain, and property management in-house.

We will also discuss their vision for scaling into an institutional platform and raising funds from endowments and pension funds. This candid discussion is not to be missed as Zach and Bikran share their experiences, lessons learned, and ambitious plans for the future!

Learn more about LSCRE:
www.lscre.com 

John Casmon, the founder of Casmon Capital Group, brings a wealth of experience from his transition from corporate America to becoming a powerhouse in real estate. With a background in advertising and marketing, John's pivot to real estate was fueled by the desire for financial independence and security. His real estate venture began with a two-unit building and quickly escalated to larger multifamily properties, including a pivotal 192-unit deal in Texas that set his trajectory towards success in commercial multifamily investing.

In our conversation, we dissect the strategies and insights that have propelled John's success in the multifamily real estate sector.

Learn more about LSCRE:
www.lscre.com 

In today's LSCRE, I discuss the tricky financing landscape, focusing on the challenges of fixed and floating rate loans, debt service coverage ratios (DSCR), and bridge loans. Here are the key points:

Loans are impacted by volatile Treasury rates, making it difficult for buyers and sellers to agree on pricing.

Floating rate loans are sized based on SOFR, often resulting in lower leverage.

DSCR is a crucial metric for lenders, determining the loan amount based on the property's ability to service the debt.

Bridge loans offer more flexibility but come at a higher cost, often requiring a compelling business plan to justify the expense.

Navigating this puzzle requires a thoughtful, deal-by-deal approach to create value for investors. Stay tuned for more insights on this evolving financing landscape.

To learn more about investing with LSCRE, please visit our website.

Learn more about LSCRE:
www.lscre.com 

Welcome to a special episode of the LSCRE Podcast! Today marks a milestone as we welcome a very special guest to the show for the first time - Kent Piotrkowski, co-founder and principal of LSCRE. Join us as we discuss the challenges and successes of building a multifamily real estate investment firm. Kent and I recount the initial struggles of starting LSCRE, including the daunting task of raising capital for our first few deals.

We also touch on Kent's background as a tax attorney and how it has benefited the firm. Kent's legal acumen shines as he explains the intricate process of acquiring a private REIT, leveraging his network and understanding of complex structures to navigate the nuances and make informed business decisions.

Learn about the strategic decisions we made early on, such as bringing property management and construction management in-house, which played a pivotal role in our growth. Moreover, discover our approach to hiring top talent and fostering a culture that embraces failure as a learning opportunity.

Don't miss this conversation with one of the key figures behind LSCRE's success!

Learn more about LSCRE:
www.lscre.com 

Welcome back to another episode of LSCRE podcast! Today, we're excited to have Axel Ragnarsson, founder of Aligned Real Estate Partners and host of Multifamily Weatlh Podcast. Axel's unique approach to real estate investment, focusing on tertiary markets and smaller multifamily properties has propelled him to success.

We discussed the importance of having an informational edge in less competitive markets and how it can lead to better deal acquisition. Additionally, we touch on how Axel vets potential investors and partners to ensure alignment of interests and a smooth operational process.

Tune in now to learn more and catch Axel's hot take on why emerging investors should consider starting with smaller properties to build their portfolio and experience!

Learn more about LSCRE:
www.lscre.com 

Today, I want to talk about the benefits of 1031 exchanges for real estate investors and how we at LSCRE Podcast can make the process seamless for you.

Tenancy in common structures can be a bit complex, but understanding their nuances and tax implications is crucial for 1031 exchange investors. Our experienced team, including my business parter who is a former a tax attorney, are here to offer insights into the tax and legal considerations of these exchanges. If you're interested in learning more or have any questions, feel free to reach out.


Learn more about LSCRE:
www.lscre.com