CRE Lender Looking to Invest

[Robert Cann]

Hello fellow investors,

My name is Robert and I am a Commercial Loan Officer and potential real estate investor from North Texas. 

I am here on this site in search of both CRE investment opportunities as well as to meet more people in the commercial real estate industry from my area. I currently have a large network of commercial real estate owners, however, these individuals are also bank clients, which limits my ability to become involved personally in any financial matter.

So I come here in search of investment opportunities. My main personal investment pursuits will be storage facilities and multifamily properties, but if the right opportunity arises for office, retail, or industrial, I will consider.

Thanks for having me here, and I look forward to exploring new investment opportunities.

[Robert Cann]

I believe that, yes, there is still room to run in this cycle. The main CAP Rate compressions I have seen have been in of course, the Dallas and Austin markets but with suburbs remaining manageable in the 8-10% range. I wouldn't be surprised however, to see a market correction within the next few years partially because of the abundance of new supply we have seen lately. Sooner or later, supply will meet demand, and likely exceed, and that's where our correction will occur. For this reason, I have set my sights on multi family and storage facilities - as when there are market corrections, people tend to downsize their living quarters and relocate to Apartments, and have an abundance of excess "stuff" that can't be sold as quickly in a depressed market. As an economist, we like to call these "inferior goods" which are demanded more when incomes fall. However, both of these CRE types do very well in normal markets as well. So that is my philosophy-a diversified portfolio of normal goods for the good times, and inferiors for the down. In theory, this should yield steady returns. Key word however, THEORY!