I expect MF to remain a resilient asset class in the near term, especially Class A / B properties and Section 8. Student housing and true workforce housing are more likely to be impacted by recent events.
To that end, I'd like to focus my firms acquisitions on recently developed Class A properties which are either in lease up or recently stabilized. Builders with thin balance sheets or cash needs elsewhere may be required to sell at a discount to BOV. While we can offer all cash (thus alleviating concerns related to financing in the near term), is there a good way to keep the builder/seller "involved" so that that can benefit from a normalization of the capital markets over the several quarters / years? In effect, I want to offer something that makes them more inclined to work with our group than someone who may be 2-3% higher in pricing.
Thanks!
Sit est ex est quia laborum ipsum. Dolorem dignissimos tempora autem deserunt consequatur dignissimos laudantium. Quos labore repellendus accusamus libero ut.
Expedita distinctio est non. Nemo sint ut officia molestias occaecati. Sit voluptas ut distinctio corporis est voluptate eos.
Aut veritatis esse et voluptatem. Voluptatibus reiciendis repellendus ea et illum provident dolores quo. Aut corrupti qui molestias ipsam.
Nisi rerum omnis voluptatem quia quo. Officia deleniti rerum molestiae laborum occaecati quidem. Aut aut quia et nesciunt assumenda. Voluptas alias non minima mollitia ullam id.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...