New to BP in Washington DC

[Chris Davis]

I live in Washington DC and have more or less my entire life, and have been working in commercial real estate in some capacity or other since roundabout 2004.  I worked in private equity doing primarily multifamily and office acquisitions, asset management, and development for about 7 years until the 2008 financial crisis, when I transitioned to the debt side working at Freddie Mac Multifamily as a producer in the Southeast Region.  From there I went to go work for a client as an originator and then moved over to my current originations role at another firm in 2015, where I have happily been since.  Right now I focus primarily on multifamily Fannie/Freddie loans in the $1-20 million range, particularly in the $1-7.5mm range, i.e. those for the "Small Balance" lending programs at both agencies.  

My background has given me pretty good depth/breadth in larger commercial deals but I've still never really run a transaction from start to finish, and I don't know how to run a company.  I've also got gaping holes in my understandings about smaller deals, particularly those that fall under the size threshold for being considered commercial.  I know hardly anything about single family real estate sales or operations or financing, and ditto on 2-4 unit properties.  

Looking to start up my own personal account and want to fill in my knowledge gaps on how to size up smaller properties, and acquire and manage them without the benefit of a whole parent company that can handle the legal/admin/etc tasks like I'm used to in my day job.  

Very interested in getting to know anyone local, regardless of what sector of the business you are in.  Happy to answer questions on multifamily loan programs also, but I joined BP for my own edification and not for prospecting purposes.

[Taylor L.]

Hi from just down I-95!

If you're interested in getting into the multifamily syndication space, there are many teams out there needing a member or partner who is experienced in lending and underwriting. That would be a super straighforward way to become a valuable member of a partnership using skills, network, and resources you've already built up!