Multifamily 5

Our guest for this episode is Paul Peebles with Old Capital. Paul has been a multifamily banker for 36 years and has closed over six thousand transactions. As a debt provider he and his team finance properties of all sizes throughout the country (over $1.2B in loans last year). Today we will get a market update and discuss the effects of the tremendous increase in rents, collections and consequently in NOI. Did you know that in 2021 80-85% of all financing were bridge loans through non-recourse debt funds? We talk about how this affects pricing and why bridge loans are currently carrying the multifamily market. Also, we touch on the market risks with the flush bridge market. If you would like to get in touch with Paul, you can email him at ppeebles@oldcapitallending.com. Paul has its own podcast sharing in depth interviews with real life investors at oldcapitalpodcast.com. If you enjoy the Multifamily 5, please leave us a 5-star rating and review!