The Best Ever CRE Show JF: 3856 Multifamily Challenges, Syndication Pitfalls, and Mentoring New CRE Investors ft. Tripp Greene
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Mar 26, 2025 Tripp Greene, founder of Trinity Capital CRE and Coast to Coast CRE Academy, is an expert on capital raising and mentoring new investors. He shares insights on the multifamily sector's challenges, discussing the risks of over-leveraged operators and broken GP structures. Tripp emphasizes the importance of ethical syndication and thorough risk assessment for newcomers. He also introduces his Academy’s hands-on mentorship approach, encouraging collaboration for aspiring investors to tackle complexities in the market, including unique ventures like car washes.
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Failed Construction Deal
- Tripp describes a client who secured excellent construction financing but ultimately failed.
- The client's changing business plan and unrealistic expectations led to the deal's collapse.
Mall Redevelopment Failure
- Tripp discusses another client with overly ambitious plans for a mall redevelopment.
- The client's unrealistic vision and refusal to heed advice led to project stagnation.
Conservative Underwriting
- Tripp advises having sufficient equity and carefully evaluating downside risks in multifamily deals.
- He emphasizes conservative underwriting, including accounting for potential NOI shocks.