Dear Investor-
Happy New Year!
2023 was certainly interesting in the commercial multifamily market.
All investors received a gift on Wednesday, Dec 13th, when the Fed officially announced they were done raising the federal funds rate - remember that they had not raised since July. But it's still good news that they both announced they were done raising rates and also announced they expect three (3) rate cuts in 2024.
What does this mean for your investment portfolio?
By way of disclosure, we have an advertising relationship with 37th Parallel, meaning we get paid for making this introduction and sharing this content. As always with these types of deals, consider this an introduction and not a recommendation. Every deal is unique and the responsibility to vet any and every deal you invest in still lies with you. This opportunity is available to accredited investors only.
From a commercial real estate perspective, it means that debt costs will be coming down. This will then have a positive effect on capital flows into the commercial market and correspondingly lowering cap rates.
37th Parallel want to be as aggressive of a buyer as possible - still buying in the best demographic markets in the US using conservative leverage.
At 37th Parallel, they continue their 100% profitable multifamily track record across over $1 billion in transactions.
Since inception in 2008 they have delivered an annual average return of over 17% across several market cycles.
As we move into Q1 2024, 37th Parallel has two platforms available for you:
- Income & Total Return Fund II ($100K minimum)
- Greys Harbor - Single Asset Offering ($50K minimum)
Investing in well-placed and well-operated multifamily when capital flows are light, as we've experienced in 2023 and expect to continue into the first part of 2024, has historically been a highly profitable move.
To learn more about 37th Parallel's investing platforms and how they can help you generate tax-advantaged current income with equity growth along the way, schedule a quick call with their Investor Relations Team.
Learn More About 37th Parallel Today!
Have a great day!
Jim and Brett
James M. Dahle, MD, FACEP
Founder, The White Coat Investor
Brett Stevens, MBA
COO, The White Coat Investor
*Disclaimer: 37th Parallel Properties are not CPAs or tax attorneys, just your go-to experts in multifamily real estate. This email is for informational purposes—consult your trusted tax advisors to ensure these strategies align with your unique tax situation.
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White Coat Investor | P.O. Box 520421, Salt Lake City, Utah 84152
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