Multi-family Lending Criteria with David Gregg

Jake & Gino: Real Estate Investing & Multifamily

Jake & Gino

Commercialrealestateinvesting, Realestateinvesting, Cashflow, Smartinvesting, Apartmentinvesting, Investingsmart, Management, Buyingrealestate, Entrepreneurship, Business, Realestateinvestment, Multifamilyrealestateinvesting, Makingmoney, Buyingapartmentbuildings, Jakeandgino, Investing

4.9 • 842 Ratings

🗓️ 19 June 2021

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mike Taravella interviews David Gregg of Bank OZK. Key Information: Banks like to develop relationships with investors who have similar goals. Find lenders who align with your goals. Inflation is a major source of change in the market. As inflations begins to increase, be aware of how it affects the lending environment. Be conservative in your underwriting assumptions. Most banks will not lend on overly aggressive pro-forma assumptions. Investor Pro Tip “Do your homework” Contact Information: David.gregg@ozk.com To register to invest with us: https://jandg.activehosted.com/f/58 Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's LinkedIn: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre

Transcript

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0:00.0	Welcome to the RANCRE show, commercial real estate with no stone left unturned.
0:09.6	Hey, everyone.
0:10.9	Welcome to the RANCeree show.
0:13.7	I'm your host, Mike Tarvella.
0:15.6	And today I'm super excited about our guest, David Gregg.
0:19.5	David is the EVP and market leader at Bank OZK. David,
0:25.5	welcome to the show. How's everything going today?
0:28.6	Doing great, Mike. Thank you. Thank you much for having me on. How about yourself?
0:32.8	Thanks good your way. Yeah. Just taking over the world with one one unit and apartment complex at a time so
0:39.5	cannot complain. That's what we all want. There you go. Yeah, but we love to hear kind of what
0:48.1	Bank OZK is, just so our listeners know, because I know we've met in person in Knoxville,
0:53.3	but we'll love to kind of hear more about Bank OZK and what you focus on primarily. That'd be great. Sure,
1:01.5	sure, Mike, again, thank you. And hello everyone. On the cast today, again, Mike, thank you
1:08.8	very much for having me today.
1:12.1	And what might want me to share and like to share just a little bit about what those may or may not know about Bank OZK,
1:18.9	but it is a 117-year-old bank.
1:23.2	It was formed in Ozark, Arkansas, and, you know, obviously it was a community bank for several years.
1:32.0	In 1979, a young attorney named George Gleason purchased into the bank and was named at 23 years old, the chairman and CEO.
1:46.4	We're delighted to tell you that he is still the chairman and CEO of a bank OZK.
1:54.3	And his just a phenomenal story, I could spend an entire podcast.
1:59.5	I still couldn't get through. What
2:00.9	an incredible story. That is in and of itself, but it has grown organically. It grew out of
	...

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