Opportunities in Commercial Real Estate
Morrison Street Capital has a 20-year track record providing small-balance capital in the $2 million - $9 million range to income-producing commercial real estate assets that have a gap in their funding structure. Morrison Street focuses on middle-of-the-stack investing, making gap debt investments within an income-focused debt strategy and preferred and structured equity within a more growth-oriented equity strategy. Morrison Street designs its investment programs with a focus on measuring potential returns relative to expected risk.
This presentation will include unique insights into how to take advantage of the current dislocations in commercial real estate, and provide a learning opportunity for those considering niche investment options contained within the broad universe of commercial real estate.
- Risks and opportunities created by post-Covid changes in tenant demand, and the increased cost/decreased availability of mortgage debt.
- Commercial real estate market report. Pockets of distress, recovery, and growth. Most intriguing markets and product types.
- Managing risk and return. Structuring investments to mitigate the downside while preserving access to upside profits.
- Using gap debt investing to produce alternative fixed-income yields.
- Using gap equity to reduce cost of assets and participate in success of property business plans.
Meet the hosts:
Rance Gregory is the CEO of Morrison Street Capital. He has nearly 30 years of experience completing commercial real estate investments throughout the United States and Japan, often utilizing complex transaction structures involving mezzanine debt, preferred equity, commercial mortgage-backed securities, or direct investments in operating companies. Since founding Morrison Street Capital in 2002, his firm has targeted inefficiencies in capital markets on behalf of pension plans, foundations, endowments, corporations and high-net-worth individuals and families.
Nick Gonzaga is Rocket Dollar's Senior Sales Representative. Has been securities registered since 2006, with 15 years of experience in the finance and investment industry. Most recently was with Arthur J Gallagher as a retirement consultant managing 500MM+ in institutional assets. Before that, he was with Merrill Lynch, where he worked with Rocket Dollar CEO Henry Yoshida.
Brendan Walsh is the Operations Manager for Rocket Dollar. He works on background processes to make it easier for internal Rocket Dollar teams to work together and investment issuers to work with Rocket Dollar customers. Before Rocket Dollar, he was a financial advisor assisting customers with their personal investments and business owners on their 401(k) retirement plan structure.