731: Lenders Are Starting To Take Write Downs On Multifamily Deals

After remaining firm over the past couple years, lenders are finally starting to capitulate and selling assets for less than loan amounts. This is resulting in great opportunities for savvy investors. Bruce Fraser, Managing Partner of Elkhorn Capital Partners, has jumped back into the market after two years of inactivity to take advantage of these great opportunities. Bruce is now seeing real value with distressed properties at deep discounts. Elkhorn Capital oversees over 2500 units across Tulsa and Oklahoma City. These markets have almost new supply and strong population growth. Bruce plans on expanding his footprints in these markets.