If you want the inside scoop on the current market situation, you’ve come to the right place. Today’s guest, Julie Anne Peterson is a senior director for Old Capital Lending and founder of Zoom@8, a platform connecting new and experienced investors and opening up real estate doors for people across the world! As you probably know, inflation rates and cap rates are high and rising, so in this episode, Julie offers valuable advice on how lenders and borrowers should be thinking about their investments currently, what changes to expect in the coming months, and the Old Capital Lending tool that could greatly benefit you. It’s far from the doom and gloom you may be expecting, so don't miss out!
Key Points From This Episode:
- Introducing today’s guest, Julie Anne Peterson.
- How lenders are responding to the current market situation.
- What sellers need to come to terms with about the current market situation.
- The four different types of lending products that Old Capital Lending focuses on.
- Increase in the SOFR rate over the past two years.
- How the increased rate cap affects borrowers.
- What to expect from the SOFR and cap rates in the coming weeks.
- Words of comfort for investors who are feeling panicky about the state of the markets.
- What a good IRR is right now.
- Julie explains what a debt yield is and how it has changed over the past 20 months.
- The benefits of Old Capital Lending’s fixed bridge product.
- Julie shares what motivated her to found ZOOM@8 and what the platform does.
- The impact that women can have in the real estate industry.
Links Mentioned in Today’s Episode:
Julie Anne Peterson Phone Number — 630-453-7150
Julie Anne Peterson on LinkedIn
Julie Anne Peterson on Instagram
Julie Anne Peterson on YouTube
Passive Income Through Multifamily Real Estate Facebook Group