Luke Morong (@lukemorong) 's Twitter Profile
Luke Morong

@lukemorong

Founder of Chimney Pond Capital - Real Estate Private Equity Co focused on sub institutional assets.

ID: 25713577

linkhttp://chimneypondcap.com calendar_today21-03-2009 19:11:16

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560 Followers

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Luke Morong (@lukemorong) 's Twitter Profile Photo

This is how we manage risk across portfolio 1.) Low LTV's 2.) 10 Year Fixed Rates 3.) 20 Year Ams - creating significant principal reduction 4.) Carrying heavy reserves to cover unexpected turnovers

Luke Morong (@lukemorong) 's Twitter Profile Photo

A good landlord/tenant relationship in industrial is worth its weight in gold. Often times leading to decades long relationships and the ability to grow with your tenant in accommodating their needs for space. Take time in understanding you perspective tenants businesses. Go

Brandon Roth | Capital Markets @ IPA (@rothcre) 's Twitter Profile Photo

Spoke to a Pref Equity investor this afternoon looking for $1M-$15M deals (main target is $2M-8M). Their competitive advantage is no minimum multiple. Repost & Comment below if you'd like me to DM their flyer. Thanks! Reminder: I can't send a DM if you're not 'following'.

Luke Morong (@lukemorong) 's Twitter Profile Photo

Was in a multiple offer situation on a deal today only to have broker come back and inform us seller has actually decided to take off the market until interest rates improve.