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Part I of II - Apartment Investor Challenges with CRE Lender James Eng

Informações:

Sinopsis

A $229 Million multifamily portfolio was just foreclosed on in Houston, Texas. It’s the first of what could be similar foreclosures in the commercial real estate industry. And there's a good chance some of our listeners were invested in that portfolio or another one facing the same fate. If you are a multifamily investor, either passive or active, you'll get some great advice in this episode on how to navigate the current commercial real estate environment.  You’ll hear from Old Capital National Director James Eng. He’ll explain why commercial real estate could be facing a massive reckoning, especially for investors who took out bridge loans. In Part One of this interview, you’ll get his take on interest rates and the impact on commercial lending. In Part Two, you’ll hear more about what he thinks will happen in the months to come.  James has over 17 years of experience in commercial real estate lending. He started his career as an underwriter at GE Capital Real Estate and joined Old Capital in 2014. He has w