As the year progresses, I'll keep an eye out for other compelling deals in different asset classes. However, for the beginning of 2024 and the foreseeable future, my primary focus will be on these two asset classes.
#RealEstateInvesting#InvestmentStrategy#2024Outlook
Key Focus Areas cont:
Fund Structure: Capital spread across dozens of loans nationwide.
Senior Security: first position in the capital stack, allowing property reclamation in case of default.
High LTV: Limited to debt offerings with a 40-60% Loan-to-Value ratio.
Key Focus Areas:
Special Servicing Debt: Providing bridge financing for operators with short-term balloon positions.
Liquidity: Investors appreciate the ability to access their principal investment during uncertain economic times.
Key Criteria:
Seller Distress: Operational or balance sheet distress is a must.
Short-Term Debt Opportunities: Targeting properties where short-term debt is maturing.
Long-Term Ownership: Preference for properties with legacy owners looking to sell.
Growth Markets
1. B&C Class Multi-Family: Our strategy is to capitalize on debt positions coming due and the cooling effect on cap rates due to inflation and rate hikes.
When relationship building - you’re usually thinking about others, asking good questions, and getting to know someone.
Build relationships > Network
There’s nothing better than getting a call out of the blue from someone telling you they think you’re doing a great job with something.
Whenever I get those I try and pay it forward a couple of times and spread the love.
We just closed our first official fund at Crowell Capital and I couldn't be happier with the results.
$12,500,000 Raised
4 Deals Purchased
2 more deals Under Contract
17 first time passive investors!
A year ago I hadn't raised a dollar, now I get to do it for a living!
@LorenMHansen Glad you’re okay. That intersection is really scary. My wife got in a terrible crash at the same exact spot. I think certain times of day the sun becomes an issue for visibility.