Greg and Darren are joined by Rob Beardsley to talk about underwriting for both the deal sponsors and the passive investor. Knowing how to present, or interpret, underwriting is the key to successful multifamily investing and Rob has some great insights and tips.
One great takeaway – Underwriting is as much an art as a science.
Rob Beardsley oversees acquisitions and capital markets for Lone Star Capital and has acquired over $100M of multifamily real estate. He has evaluated thousands of opportunities using proprietary underwriting models and published the number one book on multifamily underwriting, The Definitive Guide to Underwriting Multifamily Acquisitions. He has written over 50 articles about underwriting, deal structures, and capital markets and hosts the Capital Spotlight podcast, which is focused on interviewing institutional investors.
Rob may be reached through his website – lscre.com.
Resources Mentioned –
The Definitive Guide to Underwriting Multifamily Acquisitions – Rob Beardsley
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Greg Scully
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Darren Light
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