In this podcast episode we interview Paul Moore, Managing Partner and Founder of Wellings Capital. He advises limited partners (LPs) on what to look out for in the current market when investing in real estate deals. LPs should look for low leverage, high skin in the game, and operating expense ratios below industry norms. They should also be cautious about reversion cap rates, which may not work in all cases, and inflated rent growth assumptions, which can be misleading. LPs must scrutinize the sponsor and the deals and avoid confirmation bias while investing in real estate. Apart from that he also discussed the opportunities to navigate through the uncertain markets.
Read the FULL PODCAST EPISODE SUMMARY HERE!
📜 https://bit.ly/TLP58-Paul-Moore-Shownotes
You will hear quite a bit of real estate terminology in every episode. We've aggregated the most common questions for you in the link below!
📝 https://www.thelimitedpartner.com/Lingo
📌 CHAPTERS:
0:00 - Intro
02:35 - A Quick Guest Background: Who is Paul Moore?
04:11 - Office Asset Class: Sinking Other Ships
08:53 - LPs Should be Wary of These!
18:43 - Opportunities in the Market Downturns
21:57 - What is Preferred Equity?
24:43 - Thank You For Listening to The Limited Partner Podcast!
