Q1-2023

Will there be a 2008-2009 like bloodbath in the market??

My short answer is, I don’t believe so.?

Sure, there will be some investors who get pinched with a steep hike on their refinancing this year and next, but I see that as deal specific and not an industry wide challenge.?

There will always be those challenges to navigate.?For example, a couple of years ago, a very good client that consisted of several partners based out of Colorado acquired three 12-unit complexes and a 3-unit conversion.?Working class neighborhoods, C class properties, nothing fancy just performing assets.?

During the holding period, some expectations were not met and the need for capital for other projects became more urgent.?

They came to us initially for pricing guidance, which on the strength of the market turned quickly to listing and marketing and ultimately to a sale.?

When an owner’s perspective on an investment property goes from cash flow to emotional strain and a drain of personal time and energy, a disposition isn’t just an infusion of capital, it is a palpable feeling of relief.?

As trusted advisors, we can provide many services, but perhaps the objective opinion is the most valuable.?That and the assurance that the deal doesn’t have to be held forever to have been successful.?

Your situation may not involve a complicated partnership.?I hope it doesn’t.?Whatever challenges you may see ahead, or even better if you are seeking to identify unseen issues, Cascade Commercial is well positioned to provide that objective opinion, grounded in market data and real-world experience.?

Call or email us today to get started on your plan for 2023 and beyond.

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