Latest / Property Profits Real Estate Podcast
Buying Through Multifamily Distress with Dan Brisse
Buying during a difficult market is one thing. Setting up a deal so it can survive what comes next is another.
Dan Brisse says the current multifamily market has created something investors have not seen in a long time: owners under serious pressure and properties available at much lower cost bases.
Granite Towers is mainly focused on value add apartments around Dallas and Nashville. Dan explains why his team wants to be a distressed buyer rather than a distressed seller, and how lessons from the last several years have changed the way they look at leverage, debt, reserves, and hold periods…
The skinny
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