Coronavirus Impact on Multifamily- Stimulus Program PPP vs.....

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?...

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 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...

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: • ?...

Impact of Coronavirus on Multifamily: What Apartment Operators Must Know Now!

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

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...

Podcast: Breaking News, SBA PPP Program REFUNDED | 12 Mortgage Forbearance

timandjulieharris timandjulieharris | 2 years ago

Breaking News, the SBA Paycheck Protection Program is being refunded. Mortgage forbearance programs you (and your clients) need to know about. Listen now as Tim and Julie Harris tell you exactly what you must do now to apply and receive your paycheck protection money. Also on todays show Tim and Julie Harris read and comment on the leading real estate related headlines that matter most to you. Schedule A Free Coaching CallListen on iTunesListen on SpotifyListen on Stitcher Learn more about your ...

Podcast: Breaking News, PPP Loan Program Starts TODAY! | Tim and Julie Harris

timandjulieharris timandjulieharris | 2 years ago

Key Highlights Community lenders that specialize in working with women-led businesses and those run by Black, Latino, Asian and other minorities given priority by SBA to start processing loans todayLarger banks/lenders to begin processing loans “shortly”Schedule A Free Coaching CallListen on iTunesListen on SpotifyListen on Stitcher Learn more about your ad choices. Visit megaphone.fm/adchoices

How Technology Will Impact Multifamily Living In 2023

forbes forbes | 4 months ago

From tech-enabled mail and delivery rooms to digitally controlled apartment access, the multifamily industry is being transformed by technology. Tech-forward advances are likely to make renting more enjoyable and convenient in the next year.