🎙️ Welcome to a new episode of our podcast! Join Nathan Loy, Viking Capital’s Director of Strategic Planning, as he hosts Ravi Gupta, the fearless COO and co-founder of Viking Capital, a real estate powerhouse with a portfolio valued at over $770 million.
🏠 Discover Viking Capital’s strategy for identifying promising real estate investments, focusing on low-risk deals with substantial value-add potential. Learn about their target size for multifamily transactions, emphasizing A/B assets, and maintaining a 90%+ occupancy rate, 7% cash-on-cash return, and a 1.5x debt coverage ratio.
⏳ Explore Viking Capital’s typical 3-5 year hold period for multifamily investments and how it aligns with their overall strategy. Uncover the challenges they face in the current real estate climate, from high interest rates to overpriced assets, and their creative solutions to close deals. 💡 Gain insights into Viking Capital’s approach to mitigating risk factors, using cap rates on interest rates and maintaining a business plan for positive leverage. Discover their strategies for acquiring quality assets at favorable prices in a competitive market, illustrated by the success story of Stewart’s Mill.
🌐 Recap the core principles guiding Viking Capital’s strategic approach, emphasizing the importance of sponsor experience, stable long-term debt, and cash-on-cash returns. Learn about their focus on high-population growth markets and why location is crucial in multifamily investments.
🚀 Explore where Viking Capital sees promising opportunities in the multifamily sphere despite economic uncertainty. Don’t miss out on future episodes promising more insights into the dynamic world of real estate syndication!
Connect with Nathan Loy: https://www.linkedin.com/in/nathanloy
Connect with Ravi Gupta: LinkedIn – https://www.linkedin.com/in/ravi-gupta-md-a23677107
Email – [email protected]
