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

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

CHARLES IRVINE GROUP LLP and ARC Capital Markets have announced a strategic alliance that promises to expand and enhance their real estate capital markets and advisory services. The collaboration combines the strengths of the two firms, extending the collective footprint of the Charles Irvine Group and ARC Capital Markets to provide clients with access to a broader base of investors and lenders. David Cunnington, Founder of Charles Irvine Group, said: “By joining forces, we are creating a powerhouse of expertise that will enhance our capabilities in serving clients with top-tier advisory services in the capital markets arena.” For more information please follow the link in the comments: #alliance #investors #lenders

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

Last call! We are 95% complete ($1M/$17.5 to go!) with our capital raise for our River Club Opportunistic Value-Add Multifamily Opportunity located in Evansville, IN. It's been an incredible few weeks with so many fantastic conversations with investors old and new. We would love to start a long term relationship and partnership with you, and we want to do it by at the very least discussing a live deal, River Club. If you've seen my posts the last few weeks and have been on the fence, curious, maybe asking yourself if the deal is "too god to be true?" - well now is the time my friends. Over 70 investors have taken the time to hop on a meeting with our team, review the deal and have given their commitment. No JV's, no co-gp's , the largest single investor will be the combined GP group (internal Gray GP). The confidence in the Gray Capital team from our investors is absolutely humbling to say the least. Certainly not the "easiest" way to do it (JV/Co-GP "can" be way easier). But through partnering with many savvy accredited individuals, RIA's, and family offices - we can preserve our ability to control the project and execute the Gray Capital way - which continues to lead to successful outcomes. Get access to our investment portal, review the deal and hop on a call with us to answer your questions. But don't do it tomorrow - we will most likely be oversubscribed, do it today. This is the deal you've been waiting on the sidelines for. https://lnkd.in/g7unMrJ7 #multifamily #realestate #investing #valueadd Not an offer to invest. Accredited investors only. Do your due diligence and consult your advisors.

When PE started, we focused on buying distressed assets. Over the years, we’ve built deep, lasting relationships with industry insiders and financial institutions, giving us insider access to new distressed and undervalued opportunities as they arise. In the world of real estate acquisition, "distress" is a good thing because you're buying at a steep discount and have lots of upside potential when you select the right assets. Join us in uncovering valuable opportunities and maximizing returns in the ever-evolving real estate market. #impactinvesting #realestateinvesting #housingcrisis #investyvr #investsunshinecoast #buydistressed #opportunity #investbc

#StarMountainCapital was happy to co-sponsor with Blank Rome LLP the Private Markets Insider Alternative Investment & DealConnect Summit in Los Angeles, CA where insiders including CEOs, commercial bank executives, #PrivateEquity fund managers and Institutional investors discussed private market transactions. Robert Steven Kaplan, former President and CEO of the Federal Reserve Bank of Dallas, was a keynote speaker. Additionally, Brett Hickey, Founder & CEO of #StarMountainCapital, and Chris Goodwin, #StarMountainCapital Managing Director, shared insights on alternative investment strategies in #PrivateCredit and #Secondaries. Learn more here: https://bit.ly/SMC-PMI-LA   Star Mountain’s ~$4 billion AUM (committed capital including debt facilities as of 2/29/24) is from a network of investors including U.S. and international institutional investors and qualified high net worth investors seeking defensive, less volatile, higher alpha and less correlated returns. With team members in 20+ U.S. cities, Star Mountain is a specialized #AssetManagement firm focused on North American small and medium-sized businesses investing #Debt and #Equity directly into established operating companies as well as purchasing secondary fund and direct positions to provide early liquidity to investors. Star Mountain is a value-added lender with a team that has strong private equity and operating backgrounds to potentially help its portfolio companies grow in value. Learn more about Star Mountain here: https://lnkd.in/deG5DXS. #LMM #FundManagers #WealthManagers #InvestmentManagement #Secondaries #PrivateDebt

I had the honor to join Dave Zook, Patrick Grimes, and Bronson Hill at The Alternative Investment Summit. One of the topics we discussed was some misconceptions out there. Besides one-off acquisitions, the only real distress is coming from multifamily operators whose projects have floating-rate debt and have tapped out insurance reserves. Most of these deals have paused their distributions, some have issued capital calls, and others are doing far worse but are working with their lenders to a resolution. So you may never see those deals changing hands in their distressed form. #realestateinvesting #passiveinvesting #distressedassets #multifamily #SIHCapitalGroup

I had the honor to join Dave Zook, Patrick Grimes, and Bronson Hill at The Alternative Investment Summit. One of the topics we discussed was some misconceptions out there. Besides one-off acquisitions, the only real distress is coming from multifamily operators whose projects have floating-rate debt and have tapped out insurance reserves. Most of these deals have paused their distributions, some have issued capital calls, and others are doing far worse but are working with their lenders to a resolution. So you may never see those deals changing hands in their distressed form. #realestateinvesting #passiveinvesting #distressedassets #multifamily #SIHCapitalGroup

2nd Breakout Session Announced - Junior / Creative Capital Panel Step into the world of innovative junior capital strategies with our "Junior / Creative Capital Panel." Explore unique deal structures supported by subordinate lenders, alternative class lenders, and cash flow lenders as our panelists share their experiences, highlighting successful frameworks, cautionary tales, and nuanced insights. Join us to uncover the contexts where these strategies thrive and where they face challenges, empowering you to navigate the dynamic landscape of deal financing effectively. Panel: - Steve Stagg - Partner, EROC Advisors  - David McReynolds - Managing Partner, Five Crowns Capital - Robert Orr - Principal, Sandton Capital Partners - Richard Mocsari - Managing Partner & Chief Investment Office, SI Private Capital https://lnkd.in/gFC3UR6S #JuniorCapital #CreativeCapital #DealFinancing #FinanceStrategies #SubordinateLenders #AlternativeLenders #CashFlowLending #DealStructures #CapitalInsights #FinancialInnovation