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The Best Ever CRE Show

JF3747: When The City Engineer Gets Personal: A Multifamily Development Nightmare ft. Eduardo Viesca

The Best Ever CRE Show

Best Ever CRE

Realestatepodcast, Entrepreneurship, Business, Realestate, Investing, Realestateinvesting, Realestateinvestingpodcast

4.8983 Ratings

🗓️ 7 December 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

Joe Cornwell interviews Eduardo Viesca, managing partner of Manglar Capital, who shares his extensive experience in real estate investment. Eduardo discusses his journey from Mexico to the U.S. real estate market, focusing on multifamily investments and land development strategies. He reflects on both successful and challenging deals, emphasizing the importance of adapting to market changes and finding unique investment opportunities. Eduardo also addresses the current challenges in raising capital and offers actionable advice for investors looking to navigate a tough market. Sponsors: Altra Running Sunrise Capital Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Are you looking for a tax-efficient way to build long-term wealth through commercial real estate?

0:05.0

Look no further than Sunrise Capital, where smart money meets affordable housing.

0:09.9

Sunrise Capital's mobile home park investment funds have delivered 28 consecutive quarters of on-time

0:15.8

distributions, with current investors earning 8 to 10% preferred returns with 16% targeted annual returns.

0:23.4

What sets Sunrise Capital apart?

0:25.6

They buy with a margin of safety using conservative leverage that's kept them stable,

0:30.1

while others have struggled with rising rates.

0:32.8

Their forever hold model prioritizes return of capital within seven years while building long-term wealth.

0:39.5

Plus, they're laser focused on the affordable housing niche, a sector with limited supply and

0:45.1

growing demand. Add on the exceptional depreciation and tax benefits that come with investing in

0:50.6

mobile home parks, and it's easy to see why investors have trusted Sunrise Capital

0:54.8

for more than a decade. Led by industry veterans Kevin Bup and Brian Speer, Sunrise Capital

1:00.5

is vertically integrated and has never made a capital call, never paused distributions, and

1:05.5

has never lost investor capital. These are all reasons why I myself have invested with Sunrise capital. So if you're a

1:12.6

high net worth individual looking for long-term growth in a passive, tax-efficient vehicle, visit

1:17.7

investwithsunrise.com to learn about their current fund offering. That's invest with sunrise.com

1:23.7

to get started today. Quick disclaimer, the views and opinions expressed in this podcast are provided for informational

1:30.0

purposes only and should not be construed as an offer to buy or sell any securities or to make

1:35.8

or consider any investment or course of action.

1:39.1

For more information, go to best ever show.com.

1:42.2

Trying to think outside of the box, not just stay out on the sidelines, waiting for

1:47.1

the things to change.

...

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