Impact of Coronavirus on Multifamily: What Apartment Operato...

oldcapitalpodcast oldcapitalpodcast | 3 years ago

As the situation around COVID-19 continues to evolve, we recognize that these are unprecedented times that most apartment operators have never been through. They don’t know, what they don’t know. James “The Professor” Eng explains what committed operators must do to keep their property cash flowing. This is up to the minute advice that all operators must heed. To contact James Eng: JEng@oldcapitallending.com

BehindTheBricks BehindTheBricks | 3 years ago

Have a question you'd like answered on an upcoming episode? Call and let us know what it is: 646-450-1833. As all of us in the NYC Multifamily industry make adjustments in our personal and professional lives, we wanted to share how the coronavirus is impacting NYC multifamily. This week I sat down, over video chat, with my partners: Joe Koicim, Seth Glasser, and Shaun Riney and we discussed: What’s the #1 question all NYC owners are asking right now? Why will beginning of April be impor...

Coronavirus Impact on NYC Multifamily Part 3

BehindTheBricks BehindTheBricks | 2 years ago

On this quick episode of Behind the Bricks myself, Joe Koicim, Shaun Riney, and Seth Glasser share our third update in our series of conversations on the impact of the Coronavirus on the New York City multifamily market. You will hear about the types of buyers coming into the market, the areas with the highest deal velocity, and the challenges and opportunities emerging closing deals. Since March 15th our team has closed 21 deals, signed 26 contracts, and have another dozen contracts out. T...

Coronavirus Impact on NYC Multifamily Part 2

BehindTheBricks BehindTheBricks | 2 years ago

Have a question you'd like answered on an upcoming episode? Call and let us know what it is: 646-450-1833. In this episode we take the impacts of COVID-19 a step further. With NYC being the epicenter of the pandemic our multifamily team has been directly dealing with the rapidly changing NYC multifamily market: All property operators, sellers and buyers are affected and have questions about how to navigate. In this episode Joe Koicim, Seth Glasser, and Shaun Riney and I discuss: • ?...

Coronavirus Impact on Multifamily- Stimulus Program PPP vs. EIDL

oldcapitalpodcast oldcapitalpodcast | 2 years ago

These are crazy times, huh? The economy went from going 100 miles an hour… to ZERO. Now, our government is trying to get small business owners back to work. The SBA offers the Paycheck Protection Program (“PPP”) and the Economic Injury Disaster Loan Program (“EIDL”). What should you know? What are some of the benefits and challenges for both programs? James “The Professor” Eng shares with us the initial overview of both programs. To watch this video: https://www.youtube.com/watch?...

Podcast: What You Must Know Now: Coronavirus, Recession, Market Crash

timandjulieharris timandjulieharris | 3 years ago

Warning to the real estate industry. The Corona Virus is the single largest threat to the housing industry since sub-prime mortgages. Do not allow yourself to believe that its over hyped and the cure is on the near horizon. Its not. Schedule A Free Coaching CallListen on iTunesListen on SpotifyListen on Stitcher Learn more about your ad choices. Visit megaphone.fm/adchoices

Multifamily Insights: Ep. 174: How will Coronavirus Impact Multifamily?

casmoncapital casmoncapital | 3 years ago

How will Coronavirus Impact Multifamily? With the Coronavirus making such an impact on the lives of many Americans, the economy is taking a plunge. Many investors are trying to determine the best path forward and what to do with their money. Should they pull it out of the stock market? Should they buy more? And what about the reaction to the coronavirus? Are we overreacting with the social distancing? Maybe. However, it’s better to look back in 6 months and wonder if we overreacted than loo...

Multifamily Insights: What You Must Know About Apartment Syndications with Jens Nielsen, Ep. 372

casmoncapital casmoncapital | 1 year ago

Jens immigrated from Denmark in 1996 and after a successful career in IT, Jens followed his passion for real estate and coaching and is now a full-time real estate investor and coach. He is currently a direct owner or General Partner in over 1,400 apartment units around the country, valued at over $100M. Let’s dive in to learn more about Jen’s transition from being a limited partner to a general partner and his insights from the Cleveland market. Announcement: Download Our Sample Deal...

Coronavirus Impact on Multifamily - $2T Stimulus Update and Trammell Crow Lessons Learned from 1989

oldcapitalpodcast oldcapitalpodcast | 2 years ago

Don’t you wish you knew 6 months ago…what you know today? What would you have done different? Would you do recourse commercial loans? Would you do higher leverage transactions? Would you raise more liquidity? James “The Professor” Eng goes into detail on what lessons commercial real estate investors learned on the last major melt down in 1989. This is a very interesting podcast that you will learn a few key lessons. To watch this video: https://www.youtube.com/watch?v=FMN3jJZo6GU To con...

No Design Needed: What is a Furnished Apartment?

redfin redfin | 8 months ago

For many first time renters and seasoned renters alike, designing your apartment or rental home is the way to put your stamp on the place. Whether that’s through meaningful art, choosing a color scheme, or just buying your first set of dishes, furnishing your own space can turn a new apartment into a “home.” However, there are apartments that don’t require any design skills and are move-in ready. That’s right, a furnished apartment. So what is a furnished apartment, what does it includ...