Welcome to the second part of our Hotel to Multifamily Conversion series. In our last episode, we discussed the acquisition process of Salado Creek Apartments, which had initially been a hotel. Today, we bring you part two of our conversion journey. As a start after our purchase, we started with landscaping where Our team worked…
Moody’s Investors Service has initiated a review for possible downgrade of First Republic Bank and five other US lenders, indicating growing apprehension about the stability of regional financial institutions after the collapse of Silicon Valley Bank. – K.C. Conway, Commercial Real Estate Economist and Futurist The other lenders placed on review are Western Alliance Bancorp.,…
Passive Income Millionaire Is Not A MYTH! Although not crashing like stocks or crypto, Commercial real estate is definitely slowing down and decreasing in value. It’s important to invest alongside an experienced operator, that has “Skin In The Game”. Here’s How We Countered The Market Volatility With Our Knowledge & Experience:- We sold 50% of…
Passive Investors from Houston Multifamily Foreclosure As the whole Multifamily Industry knows, there was a foreclosure of 3200 Units with $229 million of debt in Houston by Arbor Realty from a private Deal Sponsor from Dallas. These properties were bought between August 2021 and April 2022. The Deal Sponsor defaulted on their mortgage payment. The…
Today, Michael Tortorich will be joining our weekly show.
Michael Tortorich has a Bachelor of Business Administration and an MBA from the University of Texas at Austin McCombs School of Business. He has 10-plus years of corporate finance experience and most importantly is a passionate believer in promoting financial literacy. The content in this book was originally designed as a financial education course for his two children, but after completion, he decided to turn the material into a book that anyone could benefit from.
Artificial intelligence (AI) technology is now playing a pivotal role in transforming the multifamily housing market. This cutting-edge technology is improving efficiency, maximizing investor returns, reducing costs, and enhancing the overall tenant experience. As such, AI technology is changing the game for Real Estate Investors , passive investors, deal sponsors and operators as well as…
Multifamily Properties In 2023 The multifamily property market has been one of the most resilient sectors in real estate, even through economic downturns. However, with the current economic climate, there are concerns about the investment outlook for multifamily properties in 2023. Interest rate hikes, bank failures, and lower returns are all factors that could potentially…
Today, Michael Tortorich will be joining our weekly show.
Michael Tortorich has a Bachelor of Business Administration and an MBA from the University of Texas at Austin McCombs School of Business. He has 10-plus years of corporate finance experience and most importantly is a passionate believer in promoting financial literacy. The content in this book was originally designed as a financial education course for his two children, but after completion, he decided to turn the material into a book that anyone could benefit from.
Today, Michael Tortorich will be joining our weekly show.
Michael Tortorich has a Bachelor of Business Administration and an MBA from the University of Texas at Austin McCombs School of Business. He has 10-plus years of corporate finance experience and most importantly is a passionate believer in promoting financial literacy. The content in this book was originally designed as a financial education course for his two children, but after completion, he decided to turn the material into a book that anyone could benefit from.
Today, Michael Tortorich will be joining our weekly show.
Michael Tortorich has a Bachelor of Business Administration and an MBA from the University of Texas at Austin McCombs School of Business. He has 10-plus years of corporate finance experience and most importantly is a passionate believer in promoting financial literacy. The content in this book was originally designed as a financial education course for his two children, but after completion, he decided to turn the material into a book that anyone could benefit from.
