Currently, I'm hearing a lot of talk in real estate investment circles about using lower leverage; leverage being the term we use for the percentage of debt to the purchase price of the property. In the current climate, people are preaching that to be conservative, you have to go low-leverage: around 60-65% or even lower! In many real estate asset classes like retail, industrial, or office, that would most certainly be the case. Multifamily, on the other hand, if done well is unique.Read More
Recently, I was lucky enough to hear Spencer Levy, Chair of Americas (for ) CBRE speak. I was both interested and pleased to see that we shared some similar points of view. Basically, I'm betting (along with Spencer) that we're not going to enter a technical recession; of course, the technical definition of a recession being two consecutive quarters of negative GDP.Read More
As BAM founder and CEO, Ivan Barratt, wrote about previously, there are benefits to switching from your old mom-and-pop CPA to an accounting firm. In today's BAM Blog, we share three of the main reasons why you might want to make the switch...