Notes on workforce housing, markets, and investing with care.
This is where we share what we are seeing in Pierce and Snohomish Counties, how we think about operations and risk, and the practical details of investing in private real estate, from K-1s to self-directed IRAs. If you would like these notes by email, join the list. If you would rather talk through a specific question, book a Discovery Call.
Fixed-Rate Agency Debt vs. Bridge Loans: Why We Only Use One
The loan behind an apartment building can matter as much as the building itself. Here is how fixed-rate agency debt and floating-rate bridge loans differ, what happened to bridge borrowers when rates rose, and why we only use one.
How to Vet a Real Estate Syndication Sponsor
When you invest passively in a syndication, you are hiring the people who will run the building for years. Here are the questions worth asking any sponsor, including us, before you commit.
How a Multifamily Syndication Works for Passive Investors
A syndication is a group of investors pooling capital to buy a property with an experienced operator doing the work. Here is how it works from start to finish.
Passive Real Estate Investing: Syndications, REITs, Funds, and Owning a Building Yourself
Many investors already believe real estate belongs in their portfolio. The harder question is how to own it: through a REIT, a private fund, a single-property syndication, or a building you run yourself.