Drew McAllister | SoCal CRE (@dmac_19) 's Twitter Profile
Drew McAllister | SoCal CRE

@dmac_19

Founder of NRE Commercial | eXp | DRE 01946829 Husband & Father of Two - USC Graduate & Former Athlete | 10+ Years in CRE | $600M+ Closed

ID: 159692863

linkhttp://nrecommercial.com calendar_today26-06-2010 02:44:21

1,1K Tweet

2,2K Followers

1,1K Following

Drew McAllister | SoCal CRE (@dmac_19) 's Twitter Profile Photo

Had a wild memory today from the old 2014-18 days I totally forgot about. I was brokering apartment deals in Long Beach, CA with two clients who were buying deals at 100%+ LTV. The bridge lender we worked with would cross collateralize their other properties and lend up to

Drew McAllister | SoCal CRE (@dmac_19) 's Twitter Profile Photo

Office leasing coming in waves these days. Very little traction for 3 months and then BOOM. 3 LOI’s in two weeks totaling about 21k square feet. Would be a nice 7% boost to occupancy for the project.

Drew McAllister | SoCal CRE (@dmac_19) 's Twitter Profile Photo

Wells Fargo Chief Economist says the FED will cut 125 bps by end of this year. What kind of economy would we have to be in to warrant that kind of a drastic cut? gvwire.com/2024/08/28/how…

Drew McAllister | SoCal CRE (@dmac_19) 's Twitter Profile Photo

10 year has been drifting lower since the end of April. Interest rates are drifting lower. The window for buying fundamentally sound deals that have been taken down alongside the market might be dwindling. If you’re waiting on the sideline for the perfect time to get in