JF2558: 4 Challenges of Today’s Market with Spencer Gray

<p><span style="font-weight: 400; font-size: 10pt;">Indianapolis investor, Spencer Gray, is telling us all about his multifamily ventures as well as his experience as a GP and an LP. Spencer talks about why he chose multifamily over other asset classes, the recent challenges he’s faced in today’s market, and finding the right balance between being aggressive vs. overly aggressive to ensure you’re participating in the market without overpaying. </span></p> <p><span style="font-size: 10pt;"><strong>Spencer Gray</strong> <strong>Real Estate Background:</strong></span></p> <ul> <li><span style="font-weight: 400; font-size: 10pt;">CEO of Gray Capital and full time real estate syndicator/investor</span></li> <li><span style="font-weight: 400; font-size: 10pt;">16 years of RE investing experience</span></li> <li><span style="font-weight: 400; font-size: 10pt;">Primarily focused on 150+ unit stabilized multifamily in the Midwest with Indianapolis being most active market</span></li> <li><span style="font-weight: 400; font-size: 10pt;">Invests in industrial and medical office CRE as an LP as well as multifamily as an LP with other operators</span></li> <li><span style="font-weight: 400; font-size: 10pt;">Portfolio consists of about 5,000 multifamily units as a GP with control, 4,000 units as an LP, 12 medical office buildings, and 2 ground up industrial developments as an LP</span></li> <li><span style="font-size: 10pt;"><span style= "font-weight: 400;">Based in Indianapolis, IN</span></span></li> <li><span style="font-size: 10pt;"><strong><span style= "font-weight: 400;">Say hi to him at:</span> <a href= "https://nam10.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.graycapitalllc.com%2F&data=04%7C01%7CLadi%40joefairless.com%7C4a9fb83a46384889158d08d9504533d5%7Ceb07e501da1c41a4a3828b364bdf2bdc%7C0%7C0%7C637629080565266018%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&sdata=LmFEQcOiZo%2FTCO1oo1hgO2ulPnIoyJ%2BGh7l%2FCg3qMrk%3D&reserved=0"> <span style= "font-weigh