Discover more about Colony Hills Capital and the unique opportunity of becoming a Co-GP in a multifamily investment. We invite you to learn more about the man behind the model and the company he’s led since 2008.? ? Glenn Hanson doesn’t mind getting his hands dirty.? ? When Glenn was 19, he took over one of his dad’s tool-and-die companies. His role included both management and getting his hands dirty running equipment. On many nights he would have to scrub the cutting oil from his nails before going home. He also found time to attend college in the evenings.? ? That same grit moved Glenn and his brother to eventually purchase the companies from their?father and together they built a 400-strong company that sold for $70M in today’s dollars.? ? After completing a successful roll-up of pet crematories and pet memorial centers, Glenn spent some time in the private equity and philanthropic worlds, but his desire to build another successful company kept burning, and he eventually found a new passion: creating more workforce housing through the acquisition of undervalued multifamily properties.? ? But he knew one thing for sure. If he was going to do it, he wasn’t going to do it like anyone else. And through 36 deals equally $1.3B in transactions, returning a projected gross levered?IRR of 20%+, he certainly has been true to his word.? ? A big part of that success is Glenn’s model of inviting investors to join him as Co-General Partners (GP) while the Institutional side assumes the role of Limited Partners. As a Co-GP, you will share in much larger upside including a?higher Equity Multiple?than you would typically receive as an LP. ? OUTSTANDING PROJECTED RETURNS: 5.9% going in cap rate? 2.45x equity multiple? 96.6% occupancy? 9.88% target cash on cash? 22.58% over a 5-year hold (historically, we have exited deals in Year 3-4) Even though you are a Co-GP, your obligations are still those of a passive Limited Partner—meaning we take care of all the deal and debt sourcing, negotiations, management and operations, budgets, and more.? ? High-net-worth individuals like yourself continue to seek portfolio diversification and annual revenue streams through Commercial Real Estate.? ? If you find yourself among them, consider learning more about the advantages of joining us as a Co-GP by?speaking with us today. Book A Call: bit.ly/CHCapZoom www.ColonyHillsCapital.com #colonyhillscapital #multifamilyinvesting #multifamilyinvestors
Melissa Kay Barber, B.A.的动态
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The financial expert who empowers those businesses and individuals that want to put thier $money$ to work without the risk of loss. Employee/Employer benifits. Modern Solutions for the Modern World.
We sat down with Christopher Price, and he challenged the conventional wisdom of passive investing in multifamily syndications. Here's what he had to say: In a high-interest rate environment, cash on cash returns have taken a hit. Where investors once enjoyed an 8% return, they're now seeing figures closer to 5%. For the passive investor, that shift means a $100,000 investment yields only $5,000 annually. Not quite the golden goose many envision. But here's the kicker—it's not just about the numbers. Christopher points out that market choice is crucial. While some regions like the Sunbelt offer strategic advantages, the Midwest might deliver higher cash flows. Yet, he steadfastly avoids coastal giants like California and New York, citing their unfriendly business climates. So, is the allure of passive income just a mirage, or is it about knowing where to plant your flag? Tune in to hear Christopher Price's full take on navigating the multifamily investment landscape.We sat down with Christopher Price, and he challenged the conventional wisdom of passive investing in multifamily syndications. Here's what he had to say: In a high-interest rate environment, cash on cash returns have taken a hit. Where investors once enjoyed an 8% return, they're now seeing figures closer to 5%. For the passive investor, that shift means a $100,000 investment yields only $5,000 annually. Not quite the golden goose many envision. But here's the kicker—it's not just about the numbers. Christopher points out that market choice is crucial. While some regions like the Sunbelt offer strategic advantages, the Midwest might deliver higher cash flows. Yet, he steadfastly avoids coastal giants like California and New York, citing their unfriendly business climates. So, is the allure of passive income just a mirage, or is it about knowing where to plant your flag? Tune in to hear Christopher Price's full take on navigating the multifamily investment landscape.
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EVALUATION: Single family rentals VS. Apartment investing ? When you invest in single family rentals, you (or the property manager you hire) are ultimately responsible for the upkeep of the property. ? Toilet backs up? You’ll get the call. The roof is leaking? You’ll get the call. ? When you invest in a multifamily syndication, you’ll not get a call for any type of property issue and instead will have a team of professionals managing the investment for you. You can simply relax. ? With a single family rental, if the tenant moves out you now have zero cash flow and must quickly try to find a new renter. ? In a multifamily apartment complex, if one or two renters move out the impact isn’t too great and the investment still has high occupancy. ? What’s more, you get all the same financial and tax benefits passively investing in a real estate syndication as actively investing in single family homes…with none of the hassles. Apartment investments for the win! Contact me to learn about 'hands off' investing with Spark Multifamily Investment Group.
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Founder of Spark Investment Group| Experienced Real Estate Investor | Helping Busy Professionals Create Passive Income Using Recession-Resistant Real Estate Investing
If you desire…. diversification of your capital out of the stock market into tangible tax advantages assets And want to reap the benefits of real estate without the day to day responsibilities of being a landlord… Passive investing is a wonderful option.
EVALUATION: Single family rentals VS. Apartment investing ? When you invest in single family rentals, you (or the property manager you hire) are ultimately responsible for the upkeep of the property. ? Toilet backs up? You’ll get the call. The roof is leaking? You’ll get the call. ? When you invest in a multifamily syndication, you’ll not get a call for any type of property issue and instead will have a team of professionals managing the investment for you. You can simply relax. ? With a single family rental, if the tenant moves out you now have zero cash flow and must quickly try to find a new renter. ? In a multifamily apartment complex, if one or two renters move out the impact isn’t too great and the investment still has high occupancy. ? What’s more, you get all the same financial and tax benefits passively investing in a real estate syndication as actively investing in single family homes…with none of the hassles. Apartment investments for the win! Contact me to learn about 'hands off' investing with Spark Multifamily Investment Group.
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John, your critique on value-add multifamily investments resonates deeply. By integrating the sustainability of the Circular Economy and the iterative wisdom of the Lean Startup, we can foster communities that prioritize long-term value and continuous improvement over quick flips. As Rawayana sings, “Véngase” – let’s come together for meaningful, joyful living and enduring value creation.
Why I am not a huge fan of Value Add Multifamily Investing Since the GFC one of the largest trends in our business has been the explosion of the Value-Add Multifamily investing business. Before the GFC it was not as large of a business and certainly was not a trendy business by any means. Candidly it was a boring place within the Real Estate world that many got hurt in during the GFC. Coming out of the GFC though we had a trend in the US going to more of renter culture and starting after about 2013 you saw a flood of groups getting into the Value Add multifamily space. I have had many students over the years express their high interest in doing it. Candidly, Waterford even got into the business. And it is the reason I do not like it that much. Back in 2015, my business partner had a belief that there was an opportunity to invest in older multifamily assets in Long Beach, CA where new multifamily stock was being developed and commanding rents that far exceeded where the traditional market was. It made a lot of sense to me, so we began raising private capital buying these older assets and completely rehabbing them to make them feel newer and closer to the new class A stock. Thankfully, the strategy worked great at first. We achieved our rents and sold some projects for record prices and strong returns. But, after about 2.5 years I noticed something…I drove down a street and saw an older building getting rehabbed. I walked in and the group was doing the same nice specs as we were. Then I noticed another building going through the same thing. Then prices jumped up as brokers and sellers realized how much more value was in these older deals severely diluting returns. How could this be…well because value add multifamily investing is not a complicated business. There are few barriers to entry, and it has become an easy product type to raise capital for. I tell all my students if your goal is to do something entrepreneurial, you want to think about a business you can build moats around. Where your relationships, experience and specific knowledge can allow you to create sustainable value over time that is not easily replicated. Value add multi family is far from that. I knew after about 3 years that there was no real future in it for us as we would constantly have to be traveling to new markets to chase returns and get in before others were there which by 2019 was long gone. Chasing projects/markets/returns is no way to build a sustainable real estate firm as an operator/developer. I do not see this next cycle rewarding value add multifamily investing like the last one did. My sense is the way to make money this cycle is going to be in the hard ways like redevelopment or obtaining hard fought entitlements or in holding projects for the long term where you utilize superior asset management skills to create real value. That is a good thing too. Harder areas to make money in means fewer competitors and greater opportunities to create Moats.
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John Drachman your points at the end are the most important to explore further: 1) Redevelopment - is that densification of existing apartments? Or demolition of houses and low density? Or commercial office / retail / industrial / motels? Or all of the above that I have been leading for over a decade now? That’s a tall order to restack the debt and equity and takes all lot of cash if you have solid track record and good partners / lenders, but high barriers to enter 2) Entitlement Pursuits - This is risky, but some eat risk instead of Cheerios for breakfast and where I have excelled for 20+ years in acquisitions and development And takes a lot of cash and time to pursue unless there is covered land, in this market run up with values, low cap rates, high cost of funds many would rather just hang out unless that are a larger master / merchant builder creating projects for a business and pipeline of construction 3) Hold for long term/Operate Better than Others - That’s my preference and you have to have patience money and time the markets right as it can be 5+ years to get to teens IRR or better yield on cost and all the cash refinanced out of the property. This is why I am building a billion investment with PearlX and learning the sustainability ops side of the business. Again ten or more years of track record needed so probably your best advice is go to grad school, intern for a brand name with taraining program doing these three strategies and then come back when you have time, risk captial and backers to give it a try…
Why I am not a huge fan of Value Add Multifamily Investing Since the GFC one of the largest trends in our business has been the explosion of the Value-Add Multifamily investing business. Before the GFC it was not as large of a business and certainly was not a trendy business by any means. Candidly it was a boring place within the Real Estate world that many got hurt in during the GFC. Coming out of the GFC though we had a trend in the US going to more of renter culture and starting after about 2013 you saw a flood of groups getting into the Value Add multifamily space. I have had many students over the years express their high interest in doing it. Candidly, Waterford even got into the business. And it is the reason I do not like it that much. Back in 2015, my business partner had a belief that there was an opportunity to invest in older multifamily assets in Long Beach, CA where new multifamily stock was being developed and commanding rents that far exceeded where the traditional market was. It made a lot of sense to me, so we began raising private capital buying these older assets and completely rehabbing them to make them feel newer and closer to the new class A stock. Thankfully, the strategy worked great at first. We achieved our rents and sold some projects for record prices and strong returns. But, after about 2.5 years I noticed something…I drove down a street and saw an older building getting rehabbed. I walked in and the group was doing the same nice specs as we were. Then I noticed another building going through the same thing. Then prices jumped up as brokers and sellers realized how much more value was in these older deals severely diluting returns. How could this be…well because value add multifamily investing is not a complicated business. There are few barriers to entry, and it has become an easy product type to raise capital for. I tell all my students if your goal is to do something entrepreneurial, you want to think about a business you can build moats around. Where your relationships, experience and specific knowledge can allow you to create sustainable value over time that is not easily replicated. Value add multi family is far from that. I knew after about 3 years that there was no real future in it for us as we would constantly have to be traveling to new markets to chase returns and get in before others were there which by 2019 was long gone. Chasing projects/markets/returns is no way to build a sustainable real estate firm as an operator/developer. I do not see this next cycle rewarding value add multifamily investing like the last one did. My sense is the way to make money this cycle is going to be in the hard ways like redevelopment or obtaining hard fought entitlements or in holding projects for the long term where you utilize superior asset management skills to create real value. That is a good thing too. Harder areas to make money in means fewer competitors and greater opportunities to create Moats.
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Meet Ben Murphy, our Director of Multifamily Investments! ?? In 2024, Ben successfully closed 9 multifamily transactions as well as mentored junior broker Rick Brody. He is a Costar Power Broker,Former President of COMP, Member of Government Affairs Committee representing multifamily landlords statewide (Multifamily Northwest), and continually refers business to other brokers in our office. ?? When he's not closing deals, Ben enjoys playing lacrosse (played intercollegiate lacrosse in college and continues to play in a local men’s league), as well as skiing and playing golf. He is a proud husband, dad, and was born and raised in Portland! ?? Nearly $700M in multifamily transaction volume spanning from 2014 to now. 95% in Oregon, 5% in Southwest Washington. ?? Portfolio Highlights from 2024: Round Hill (the largest vintage building portfolio in 2024) & Suniga (largest Williamette Valley Portfolio in 2024) ?? Passionate about environmental advocacy: He is a supporter of Green Peace USA & Nature Conservancy. ?? Check out Ben's current listing: 2020 SW Salmon Street ? Portland, OR. Trophy iconic mid-century building located adjacent to Multnomah Athletic Club (MAC) & Providence Park. https://loom.ly/-wSYgJY We asked Ben for his insights on the current state of the multifamily market, and here's what he believes you should keep in mind: "???? ?????? ?????????????????? ???? ???? ?????? ???? "???????????? ?????? ????????????" ???????????????? ??????????, ?? ?????????? ???????? ?????? ???????????? ???????? ?????????????????? ?????? ??????????. ?????? ???????????????? ??????????, ???????????? ???? ???????? ???????????? ???? ???????????? ?????? ?????????????????????? ???????????? ????????????????, ?????? ???????? ???? ???????? ?????????? ?????????????????? ???????????????????? ?????? ??????????????. ??????????????, ?????? ?????????????? ?????????????????? ?????????????? ?? ???????? ??????????????????, ?????????????????????? ???????????????? ???? ?????????????????????? ????????????????????." ???? ???? ??????????????, ?????????? ?????? ?????????????????? ???????? ?????? ???????????? ?????????????????? ?????????????????????? ????????????: 1. ???????? ???? ?????? ???????????? ???? ????????????????/??????????-???? ???????????????? ?????? ???????????? ???????????????? ???????????????? ???? ?????????? ?????????????? ???? ???????????????? ???? ??????????????, ????????????????, ?????? ?????????????? ??????????????????????. 2. ???????? ?????????????????????? ?????????????? ?????????????? ?????????? ?????? 08/09 ???????????? (?????????????????? ?????????????????? ??????????, ???????????????? ??????????). 3. ?????????????????????????? ?????????????? ?????????????????? (??????????????, ??????????????????, ???????????????? ??????????, ??????????????????). 4. ?????????? ???????????????? ???? ???????????????????????????? ??????????. Ready to work with a multifamily investment leader in CRE? Let’s connect! ?? ?? www.cinw.com #CRELeader #MultifamilyInvestments
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Helping Busy Professionals Build Wealth Through Passive Real Estate Investments | $100M+ AUM | Founder @ CalTex Capital Group | Husband & Proud Father
Why Location is Everything in Multifamily Property Success – And Why We Invest in Texas Why can two identical multifamily properties perform entirely differently? It all comes down to location. Location is critical to multifamily investing success, and business-friendly, landlord-friendly states like Texas check all the boxes for us. ? Tenant Demand: Texas boasts strong job growth, a booming economy, and an influx of new residents, creating high demand for rental housing. With major employers and good schools, Texas properties stay in demand and maintain high occupancy rates. ? Rental Rates: High-demand areas in Texas allow us to set competitive rents. This boosts income potential, making Texas multifamily properties attractive for consistent cash flow. ? Appreciation Potential: Cities like Dallas, Austin, San Antonio, and Houston are experiencing rapid growth, leading to faster appreciation. Texas properties don’t just provide cash flow—they build long-term equity that appreciates alongside the state’s economic growth. ? Business-Friendly Environment: Texas is known for low taxes and a welcoming attitude toward businesses, which stimulates job growth and economic stability. This attracts companies—and employees—to the state, fueling demand for housing and creating a steady pool of potential tenants for multifamily properties. ? Landlord-Friendly Policies: Texas has favorable landlord-tenant laws, providing a stable environment for property owners. From efficient eviction processes to less restrictive rent control regulations, Texas offers investors more control and security in managing their properties. ? Market Resilience: During economic downturns, Texas’s diversified economy and population growth provide stability. Properties in prime Texas locations are well-positioned to retain value and occupancy, offering peace of mind to investors. In multifamily investing, the right location is the foundation of success, and Texas has all the fundamentals to make it a top choice. From strong tenant demand to appreciation potential, investing in Texas sets our properties up for long-term performance. What’s the #1 factor you look for in a property’s location?
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?? CEO | Kahuna Investments| Jeep Enthusiast| Partnering With Busy Professionals Wanting To Create Passive Income and Grow Wealth With Less Risk, Through Apartment Investments | ?? See Below
Single-family or multi-family investing?????? If you have invested in a single-family home, you are also most likely the landlord and will ultimately be responsible for the upkeep of the property. Toilet backs up? You’ll get the call. Need a new roof? You’ll get the call. If you’ve invested in apartment syndication, you’ll never get a call for any type of property issue, and instead, you will have a whole team of experts managing the investment for you. You simply relax. With a single-family home, if the tenant moves out, you now have zero cash flow and must quickly find a new renter. If one or two renters move out of a 100+ multifamily apartment, the impact isn’t too noticeable. The investment still has good cash flow. You get all the same financial and tax benefits passively investing in a real estate syndication as actively investing in single-family homes with NONE of the hassles. If you're asking me, it's multifamily for the win!
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Helping Passive Investors earn terrific returns by investing in apartment/multifamily investing projects with me since 2012.
As I’ve mentioned lately I am moving back to the frontlines of my apartment investing projects in Dallas-Ft. Worth to take advantage of “once in a cycle” wealth building opportunities that are here now with many more coming. To that end, I’ll be taking lunches/meetings with top broker teams and others in the industry this Spring/Summer to best position myself and my passive investors to do so. Today great to break bread with the Fluellen-Hoover Team (Marcus & Millichap), one of DFW’s very top broker teams. I’ve transacted many times over the years with FH on both the acquisition (buy) and sale side of projects ranging from 116-360 apartment units. I am very bullish about Dallas-Ft. Worth and see that there is a lot of money to be made in the next real estate cycle. I plan on taking advantage and bringing my valued passive investors along for the ride just as I did in the last real estate cycle. There is also an opportunity for Equity (potentially Co-GPs) and KPs (Key Principals to sign on multifamily loans) to partner with me and take advantage of the 12+ year track record, great reputation and relationships I’ve built in the industry that will allow me to be awarded and contract on said “once in a cycle” apartment investing projects. And, as always of course, LPs (passive investors) looking to build wealth by investing in apartments with an experienced operator/sponsor with a long resume of producing returns for his investors. If any of these criteria fit you- please connect with me through my website or direct email in the comments below.
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