Spencer Gray’s Post

View profile for Spencer Gray, graphic

Gray Capital | The Gray Report | Multifamily Syndicator | Real Estate Private Equity

Wow. We knew we had a solid deal under LOI but weren’t expecting this feedback from lenders. LTV constrained and not DSCR constrained. Quotes ranging from 70%-80% LTV. Projected LP returns ranging from 16%-21% IRR, AAR in the mid 30% range. I have not seen a deal like this in awhile. Stay tuned for a future announcement and more details. Make sure you’re signed up for our portal to soft commit. https://lnkd.in/gX2nJ3Zj Not an offer to invest, offerings only open to accredited investors. #multifamily #realestate #investing #midwest #valueadd

Gray Capital LLC

Gray Capital LLC

investors.appfolioim.com

To view or add a comment, sign in

Explore topics