Spencer Gray’s Post

I’m excited to share a new #multifamily #investment opportunity from Gray Capital - the first in over a year in the very near future. Want to review? Make sure you have access to the Gray Cap investment portal https://lnkd.in/gX2nJ3Zj … I can’t share much at this point in the process (accepted LOI) but I can tell you that this property checks all of our boxes, from vintage, to quality of the asset, to market fundamentals, and most importantly appropriate risk adjusted returns (15%-19% LP IRR). This will be a simple common equity offering with little financial engineering (no pref equity, no tiered returns, no special incentives, etc), just a simple 8% pref with a 70/30 split. More details to come. Click the link to request access to our portal - this will be a first come first serve offering. Not an offer to invest - any opportunity is only available to #accredited investros. No debt/insurance/JV solicitations, please. #multifamily #midwest #indiana #valueadd #realestate #investing #cashflow

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

When Jon Gray talks, the #CRE industry listens. Blackstone is the 800 lb gorilla. Mr. Gray's talking points summarized: -Real estate prices have bottomed and there’s a great opportunity to move fast and buy assets at beaten-down prices. -The (investor) perception is so negative and yet the value decline has occurred, so when you get into this bottoming period that’s when you want to move -Gray sees a wave of buying opportunities as some banks and even insurance funds may have to sell at discounts; the scale won’t be as bad as it was during the financial crisis. -“As investors, sometimes, one of the risks is that you miss it by being overly cautious and I think now is probably a good time before interest rates come down” What do you think? Is Mr. Gray prescient, or is he promoting his investment positions?

When rates drop it might be to late to act. Institutions will come off the sidelines and the best opportunities will have already passed. Take advantage of todays uncertainty. Gray Capital currently has an incredible opportunistic value-add multifamily project now open for commitments. Get access to the deal room, offering materials, and more by making a no-obligation soft commitment. Accredited investors only. #multifamily #investing #realestate #multifamilyinvesting https://lnkd.in/e33sFyKJ

There are very few universal truths that apply to all people. We have clients who built their wealth through a company IPO and have no real estate holdings. We have clients who built their wealth through real estate only and need more equities to hedge that exposure. There's no such thing as a silver bullet, so make sure you're working with someone who remains flexible as life moves forward. #BuildWithBrophy #OwnTheHighGround

🎙️ Thrilled to share the latest episode of "The Backstory" - our commercial real estate podcast that ranked as the third highest viewed article on the site yesterday! 🚀 A huge shoutout to the stellar editorial team at Commercial Observer for their relentless dedication and creativity in bringing this remarkable content vertical to life. Here's to pushing boundaries and setting new benchmarks! 🌆🏗️ Give it a listen and let us know your thoughts! #CommercialRealEstate #TheBackstory #ProudProducer

Morgan Stanley and Apollo Global Management, Inc. Executives Launch Credit Secondary Firm FoxPath Capital Partners aims to capitalize on the need for liquidity among investors in private asset classes. As the primary side of private credit garners increasing attention and capital, the challenge of an oversupply of capital seeking limited opportunities is inevitable. This scenario is likely to catalyze the emergence of the private credit secondary market. https://lnkd.in/gqMJWatV

CalPERS, Missouri LAGERS, Carlyle, and Hayfin Capital Management LLP are among the firms to feature in this week's LPs and GPs edition of People Moves. Read more: https://okt.to/kWzSdx #alternativeassetss #investors #fundmanagers #privatemarketinsights

Harborview Capital Partners specializes in providing the most competitive debt and equity sources in the market. I want to reiterate that we also source lots of off market investment sales opportunities as well. If you’re a multifamily or healthcare sponsor looking for off market deals, shoot me a message with your acquisition criteria and we will send deals to you. #investmentsales #debt #equity

Explore the world of private equity secondaries with Jake Elmhirst, Head of Coller Capital’s Private Wealth Secondaries Solutions, in an exclusive conversation with InvestmentNews anchor Gregg Greenberg. Discover the keys to diversification and liquidity for high-net-worth clients. https://hubs.la/Q024FkLg0 #FinancialDiversification #WealthBuilding #PrivateEquityInsights #InvestmentExpertise