Multifamily 1031 Exchanges | Moving Capital with the Multifamily Team

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Video added by CBRE Dan Blackwell | Date Uploaded: January 22, 2024 | Date Created: April 04, 2023

Description

In this video, Dan sits down with Mike O'Neill and Jack O'Connor to discuss our team's most recent out-of-state 1031 exchanges. They share the deal stories and how the Multifamily SoCal Team partnered with our investors to ensure smooth transactions. •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• SUBSCRIBE TODAY!: https://bit.ly/MutlifamilySoCalYT •••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• Dan Blackwell & Team has specialized in Multifamily Investment Sales since 2008 and currently leads the Orange County Multifamily Investment Sales division for CBRE. Dan’s focus is to help investors make the most prudent business decisions with their investments. Find more great content on: Instagram: / multifamilysocal LinkedIn: / daniel-blackwell Facebook: / multifamilysocal Guests: Mike O'Neill +1 949 809 3615 mike.oneill@cbre.com Lic. 02036937 Jack O'Connor +1 949 648 1474 jack.oconnor@cbre.com Lic. 02106697 For available listings, visit: http://multifamilysocal.com/listings #MultiFamilySocal #DanBlackwell #Investment #Orange #RealEstate #Multifamily #cre 0:00 Introduction 0:51 Who are Mike and Jack? 1:24 Mike’s Deal Story 2:11 Why did they want to leave the state? 2:48 Difficulties in Finding the Inventory 3:43 Return on Equity 4:16 Timeline - Start to Finish 4:42 Jack’s Success Deal Story 5:46 Uncertainty with where to go next 6:44 Return on Equity 6:59 Timeline - Start to Finish 7:34 Where is this inventory coming from? 8:48 CB is Hands On 10:10 Management Difficulties 11:44 Positive Outcomes 12:16 Was additional cash needed? 12:49 We are Bullish on California 14:22 Should Investors exchange out of state? 16:11 Less Competition 17:11 Hard to let go of a great asset 18:42 Going over your options 19:47 Conclusion


Categories:
Brokerage, Title/Escrow/Closing, Interviews / Speeches
Property Types:
Multifamily
States:
CALIFORNIA


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