Outlook for Multi-Family Sector Over the Next 12-18 Months Against the Backdrop of COVID-19

Hosted by Circle Partners
May 19, 2020
3:00 PM - 4:00 PM ET
Panel

We will review the impact of COVID - 19 on Workforce Housing, Multi Family, Senior Living throughout the US. The panelists will also talk about the impact of lower interest expense while providing insight into their relationship with their lenders. We welcome audience participation and look forward to an interactive session.

  • April & May rental payment tracking. What have we learned?
  • Near-term change in apartment fundamentals & underwriting.
  • Investors, buyers and sellers strategies for multifamily investing?
  • How transactions are getting done and impact on pricing.
  • What changes are we seeing in the debt market?

Event Recording

Outlook for Multi-Family Sector Over the Next 12-18 Months Against the Backdrop of COVID-19

00:57:57

Speakers

  • Nick Neri

    Title
    Vice President, Business Development
    @
    Company
    Circle Partners
    Role
    Moderator

    Nick Neri is the Vice President of Business Development (USA) at Circle Partners, with 20+ years of industry experience supporting a diversified mix of asset managers within the traditional and alternative investment industry.

    He is responsible for developing and executing Circle Partners (USA) strategic growth plan with an emphasis on Hedge Funds, Fund of Funds, Private Equity Funds, Crypto Currency Funds and Mutual Funds.

  • Grant Cardone

    Title
    CEO
    @
    Company
    Cardone Real Estate
    Role
    Panelist

    Grant Cardone, a thirty five year veteran to the real estate game. With $1.7 billion under management Cardone is has always been seen as a forward thinking business operator. He is often called on by Fortune 500 companies and real estate leaders for his practical business ideas and strategies. Cardone is a preferred borrower with Fannie Mae, Freddie Mac, Life Insurance Co’s and one of the fastest growing privately held real estate companies today. CEO Cardone Capital. - Owns 7722 units - 1.88B in AUM Author of 21 best selling business books Founder of 10X Movement

  • Ernest Johnson

    Title
    Executive Managing Director
    @
    Company
    ApexOne Investment Partners
    Role
    Panelist

    Ernest is an Executive Managing Director with ApexOne Investment Partners, a private equity firm investing in the multifamily sector. Ernest focuses on capital markets, fund strategy, financial administration, and investor communications. Ernest has extensive real estate experience with some of the industry-leading firms, including 17 years with PM Realty Group and 10 years with JMB Property Company.

    Immediately following graduation from college, he managed a national multifamily student housing portfolio and was responsible for all facets of operations, including acquisitions, dispositions, construction, and finance.

    Ernest is actively involved with National Multifamily Housing Council. He serves on the Advisory Council for Auburn University’s Master of Real Estate Development program and is also on the University of Florida’s Bergstrom Real Estate Center Advisory Board. Ernest previously served as the Chairman of the Board of Trustees for the Lone Star Chapter of the National Multiple Sclerosis Society and has been inducted into the MS Society’s National Fundraising Hall of Fame. Ernest graduated with a Bachelor of Science in Business Administration from Auburn University (1980).

  • Nate Kline

    Title
    Partner, Chief Investment Officer
    @
    Company
    OneWall Partners
    Role
    Panelist

    Mr. Kline is a Partner, Founder and the Chief Investment Officer of OneWall Partners™ where he drives investment strategy and acquisitions. Prior to launching OneWall, Nate founded Genuity Partners where he provided advisory and consulting services and conducted financial training programs worldwide. Previously, Nate managed valuation, due diligence and financial analysis on more than $8 billion of transactions at Fortress Investment Group. While at Merrill Lynch, he executed five exclusive/lead advised M&A deals worth $13.5 billion. Nate graduated from the Smeal College of Business and Schreyer Honors College at Pennsylvania State University where he obtained a B.S. in Finance and a B.A. in Economics in 2003.

  • Chris Finlay

    Title
    Chairman & CEO
    Role
    Panelist

    Chris Finlay began investing in real estate early in his career as a commercial airline pilot with Eastern Airlines. Casual investing soon evolved into a major commercial real estate business, and in 1983 Chris resigned from Eastern to concentrate exclusively on the Finlay Company. During the ensuing years, Chris grew the company into one of the largest real estate firms in New England with offices throughout the region.


About

ApexOne Investment Partners

ApexOne Investment Partners, LLC, a Texas limited liability company, is headquartered in Houston, Texas, with offices in Chicago, Illinois, Boca Raton, Florida, and Phoenix, Arizona, and, together with its affiliates, has substantial experience in real estate acquisition, syndication, financing, development, and disposition, as well as real estate transaction management. James A. Hearn, Ernest Johnson, Tim Burns, William Saul, and David Steele are the principals of ApexOne (the “Principals”).


Following on the success of ApexOne Growth & Income Fund I, LP, a Delaware limited partnership (“Fund I”), ApexOne Growth & Income Fund II, LP, a Delaware limited partnership (“Fund II”), and ApexOne Multifamily Fund III, LP, a Delaware limited partnership (“Fund III”), ApexOne has formed ApexOne Multifamily Special Situation Fund IV, LP, a Delaware limited partnership (the “Partnership”), to make investments in direct and indirect equity interests in multifamily residential properties, including those requiring capital infusion, repositioning, post-development leasing or which may be subject to a distressed sale, as well as indebtedness secured by such multifamily residential properties.


ApexOne Investment Partners has acquired 46 properties and invested over $1.5B in workforce and student housing communities over the last seven years. ApexOne prides itself on providing excellent living environments to its residents, high returns, and transparent communications to its investors while reducing the environmental impact of their properties. Their fund level returns on fully cycled properties have averaged over 28% and Over 94% of ApexOne’s investors have repeatedly invested in all three of their Funds.

OneWall Partners

OneWall Partners™ is a vertically integrated real estate firm focused on transit and lifestyle-oriented workforce housing in the northeast US. We drive value for our investors and communities through in-depth research and analysis, sound acquisition strategy, innovative asset management and leverage in-house property management (OneWall Management™) to control 100% of our operations. We pioneered the acquisition of naturally-occurring affordable housing and our exceptional reputation and relationships lead to robust deal flow within our target markets. Our Nova Appian Preferred Income Fund I is designed to deliver diversified, superior risk-adjusted returns from our proven investment niche via low volatility, short duration investments in preferred equity.

Cardone Real Estate

Cardone Capital owns 7722 apartments. Company has 1.88B AUM Purchases large properties in southeast - focuses on Multi-family and has crowdfunded $360M using social media.

Circle Partners

We are a leading independent fund administrator, and for already 20 years we have been delivering best practice fund administration services to our clients. Our experienced team of professionals deliver a range of integrated services, which combined with our customized approach to client service have earned us a reputation as a favored provider of fund administration services.