Chad Lafferty

Commercial Mortgage Banker located in AZ. I enjoy learning new things and discovering the tiny joys of life.

[Moses Kagan @moseskagan]

Walkable neighborhoods

[YIMBYLAND @YIMBYLAND]

This is what happens when you actually let developers build housing.

In Austin, rent has dropped 15% from its peak and buildings are offering multiple months FREE! 🤯

[Amy Hemmeter @AmyHemmeter]

The mental health impacts of being able to walk to a little coffee shop in your neighborhood cannot be overstated, imho

[Chad Lafferty @LaffertyC]

@bridgelenderguy My favorite is when we are able to get a 30 year amort but the lender still underwrites it to a 25 yr, just to “stress test it”. I asked the lender under what kind of magical scenario would the amort magically change from the 30 to 25 along with the payment. No response yet

[Chad Lafferty @LaffertyC]

Was at a city council meeting last week for a multifamily project a developer client was seeking final zoning approval for and ran into a new type of NIMBY… “amateur traffic engineer”. As soon as she said it I saw a couple council members trying not to laugh. They are evolving.

[YIMBYLAND @YIMBYLAND]

NIMBY thought

[Bobby Fijan @bobbyfijan]

Since people have been asking for rowhomes with a garage, here’s one:

1600sf, 3BR/2.5BA

18’x30’

[Chad Lafferty @LaffertyC]

@RyanGTuttle Can be done for owner occupied real estate deals in certain industries but usually have certain criteria. Mostly done in combination with SBA financing. Doctors, veterinarians, dentists, etc.

[Georgie @SRichardGeorge]

Adding Coffee Shops to commercial spaces should not require zoning relief on W Broadway in South Boston.

Complete nonsense.

[Chad Lafferty @LaffertyC]

@molzer Truly evil times we live in.

[Chad Lafferty @LaffertyC]

@mu2myoc I’m actually quite impressed by the inefficiency of it all

[Chad Lafferty @LaffertyC]

@TopherNOW LEASE GPT

[Chad Lafferty @LaffertyC]

@aaronk7 @kempton_timothy

[Chad Lafferty @LaffertyC]

@kempton_timothy

[Chad Lafferty @LaffertyC]

@ChuckBuc2 As someone actively in the market on the debt side, that is a fantastic quote

[Moses Kagan @moseskagan]

Want cheaper for-sale homes?

1. Loosen zoning (including reducing or removing minimum lot sizes)

2. Tax profits from for-sale home building as capital gains, not income

3. Reform the construction defect liability system to make it reasonable

[YIMBYLAND @YIMBYLAND]

40% of the entire island of MANHATTAN would be illegal to build today!

We have neutered America's biggest assets, our cities, with absurd zoning and land-use regulations. It's time to set them free again.

[Chad Lafferty @LaffertyC]

@kempton_timothy Slacker

[Not Jerome Powell @alifarhat79]

💯