Existing MF Opportunities

Existing MF Opportunities

Existing MF Opportunities

Let's Talk Existing MF Opportunities out there:

The market is NOT DEAD!! As co-founder of reVISION Masters and Kaliser & Associates PC, we are seeing some interesting opportunities out there (all "off market").

Some examples of what we are seeing:

- Assumption of existing loans. Some owners had completed their business plan are are ready to sell. How about assumption of a loan with 7 years of interest only payments left? 58% LTC with fixed interest at 3.80%. B+ Asset trading at 5.15% Cap Rate with 91% occupancy.

- B Class Asset, 290 Units, no debt on the property. Will owner finance at 0% interest on a 25 yr am with balloon in 5 yrs. Yes, you would pay about $4M over cash price; however, current lending market would cost you 8-9% interest rate on $20M (as an example) for 5 years ~8% x $20M x 5 years ($1.6M x 5 ~ $8M in interest payments vs $4M higher purchase price (still at 5.25% cap rate)

- Now is the time to be creative. There are some unique and creative opportunities out there as well as creative capital stack structures with debt funds, family offices, master lines of credit, etc. coupled with capital sitting on the side lines.

Now is the time to (cautiously) be looking for opportunities (development and existing). Sign up for our updates at info@revisionmasters.us

Merrill Kaliser
Merrill Kaliser