Learn how Apartments are Financed w/ Local Financing Expert, Derek Fasulo!

We would like to invite you to our Apartment Investor Mastery (AIM) Meetup that we host in Sugar Land!

During our meeting we will cover the benefits of investing in multi-family and how you can get started! We will also be covering the basics of Multifamily Financing. As you may know, the bank/lender is the largest partner in a multifamily transaction and we'll be going through current financing climate with Derek Fasulo, VP with CBRE’s Debt and Structured Finance division based in Houston, TX.

Derek specializes in procuring debt for multifamily acquisitions and refinances across Texas though a variety of lending sources including Freddie Mac and Fannie Mae, life insurance companies, banks and debt funds. Over the past 3 years, Derek has underwritten and closed over $1 Billion in multifamily loans ranging in size from $1mm to $100mm. He is a graduate of Texas A&M University where he received an undergraduate degree in Political Science and a Master’s degree in Real Estate. We've personally been working with Derek for a number of months and he has a great pulse of the market and we are excited to have him join us on Sept 8th!

The restaurant is full service with food and drinks for individual purchase. There will be plenty of time for networking with new and experienced investors. This is a FREE event and no experience is required.

Sept 8th Agenda - Multifamily Finance:
11:30-12:00: Welcome and Networking
12:00-12:45: Presentation, Discussion and Q&A
12:45-1:30: Networking

We look forward to seeing you there!
Shane & Mani

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Some quick facts on CBRE lending.

CBRE places approximately $45 billion in debt with the market annually and maintains strong relationships with more than 300 separate lending institutions (banks, life companies, debt funds, mortgage REITS, and Agencies). Nearly half of CBRE’s production is in the Multi-family sector, and in 2017 CBRE did approximately $18 billion with the Agencies (Freddie Mac, Fannie Mae and HUD). CBRE is the largest Seller-Servicer for Freddie Mac (and has been for the past decade), and the third largest DUS lender for Fannie Mae. CBRE is also direct lender for Freddie SBL ($1 - $7.5mm loans) and in fact, the number one SBL lender with over $2 billion of these loans closed in 2017 alone.

In 2017, the Houston office alone closed over $2.2 billion in loans across all property types, and $560 million in multifamily loans. YTD 2018, the Houston CBRE office has already closed over $2 billion in loans with $660 million closed in the multifamily space.
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