Big Mike Fund Podcast

Today, I’m once again talking with Whitney Sewell, the Director at Lifebridge Capital. Whitney and I talk about the Coronavirus crisis, and its present and future impact on the multifamily space. These are difficult times for the country and world. Some of you may be losing sleep, or feeling grateful for a reserve budget and conservative underwriting. Stay healthy, keep your distance, and keep washing your hands.  Minute Markers: 01:00 - Whitney’s background  01:56 - COVID-19’s effects on multifamily space now   03:20 - COVID-19’s future impact on multifamily space  04:12 - CMBS freeze and next steps with tenants 06:28 - Proactive about possible job loss and vacancy rates 08:20 - Predicted and projected health perspective on economy 11:00 - Fear, fluctuating numbers, and looking forward to future opportunities 12:15 - Are deals going to be re-priced or re-traded? 15:23 - Marketing and always looking for more deals 18:53 - Distressed sellers, distressed situatio