MEET OUR SPONSOR: CB RICHARD ELLIS
CBRE EVP Robert LaChapelle tells us multifamily has benefited from the most liquidity in the recent cycle, but with investors struggling to find yield more capital is now emerging to invest in commercial assets. This has been due, in part, to "Fannie Mae and Freddie Mac being in the market and able to lend." Robert, who co-heads up CBRE's Debt & Equity Finance Group in the Southeast, will be one of our esteemed panelists Wednesday at our Multifamily Summit (Sign up now!) And we think Robert, whose multifamily transaction experience has eclipsed $6B, is a perfect fit. Above is the Heights at Cheshire, for which CBRE recently secured a $22M loan from a major life insurance company. Looking forward, Robert tells us a hot-button topic is going to be legacy issues. "There are still a lot assets that haven't been dealt with." Find more info on CBRE here.