Posts by Spencer Gray
Due Diligence update for Walcott. 70% Retention rate on renewals with 4% rent growth
Good news: The Gray Capital team was on site at The Walcott apartments conducting physical and financial due diligence at the property, and we couldn’t be more thrilled to share what we found with you below. There’s a lot of “uncertainty” in the world right now, but I’ve never been more certain that The Walcott…
GO >A Letter to Gray Capital Investors: Current State of the Economy
Gray Capital has changed our current market outlook and we are taking an immediate defensive posture given the current capital market and uncertain macroeconomic conditions.
GO >Multifamily Investing: What are “A” and “B” Class Units?
“The primary advantage to both the LP investor and the sponsor of an equity offering with a dual class structure.. is an overall lower cost of capital. Think about it like getting a lower interest rate, or additional leverage without taking on more debt.”
GO >Indianapolis: The Most Underrated Multifamily Market in the United States
What’s the best multifamily market for investors? The Southeast and the Sun Belt have received a great deal of attention, with competition high in both larger cities and emerging markets. While the growth and economies of these cities deserve attention, the increased competition from buyers means that prices are more likely to increase. There are…
GO >Exploring Eviction Data
The data from the Princeton Eviction Lab is both thorough and informative, and it contains some interesting insights about U.S. eviction rates when considered in the appropriate context. The reality is, the states and markets with the highest evictions are not always those with unhealthy and problematic housing markets. There must be something going on…
GO >Why Invest in Real Estate?
There are a lot of compelling reasons to invest in real estate, but these are some of the most common goals that we have found in our conversations with investors. What’s your “why”?
GO >Political Shifts and the Real Estate Market
The recent elections in Georgia have tipped the balance of power at the federal government in favor of the Democratic Party, who now control both the legislative and executive branches. Frankly, very few individuals thought that the democrats would be able to get both Senate seats in the election, with many expecting a divided government…
GO >Real Estate under a Democratic Government
What will happen to the real estate market in a political environment in which the Democratic Party controls Congress and the White House? Watch the video to learn what investors can expect from this political shift.
GO >Analyzing a Real Estate Market
Analyzing a real estate market means tracking a number of different trends and examining many different dimensions. This video outlines some of these trends and dimensions as well as how they relate with one another.
GO >Organic and Forced Appreciation
How does forced appreciation work in the real estate industry, and how does it differ from organic appreciation? Watch the video to learn how a real estate property can increase in value.
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