Real Talk: Real Estate Discussions with Andrew Kirsh

Buying Multifamily Assets Out of Bankruptcy with John Adair, Managing Partner of Glencrest

Aug 14, 2024
John Adair, Managing Partner at Glencrest, discusses his firm's unique focus on multifamily communities. He highlights his preference for capital raises over fund structures and dives into the nuances of sub-market economics versus broader regional trends. Adair shares insights from acquiring Meadowscape Apartments out of bankruptcy, detailing the significance of due diligence and ethical practices in distressed asset transactions. He emphasizes the importance of understanding local market dynamics, especially in the Pacific Northwest, for successful investments.
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