• The Benefits of Build-to-Rent Development | Andy McMullen TLS245

  • Feb 21 2023
  • Length: 47 mins
  • Podcast

The Benefits of Build-to-Rent Development | Andy McMullen TLS245

  • Summary

  • In this episode of the "The Lead Sponsor" podcast, Andy McMullen, Managing Partner at Legacy Acquisitions, explores the benefits of Build-to-Rent (BTR) developments. BTR is a new concept in the real estate world, where purpose-built rental properties are designed to provide long-term, high-quality housing to tenants.

    Andy walks us through how legacy acquisitions are structured and the importance of creating long-standing personal relationships with brokers, operators, institutional lenders, and private
    equity firms.

    Andy shares his insights on how BTR developments can create a sense of community, promote social cohesion and improve the quality of life for residents. He also explains how he transitioned from being a broker into a full-time real estate investor, the ups and downs he faced, and the lessons he learned along the way.

    He walks us through his current project, “The Crest,” a 98 Unit Built to Rent Opportunity in Lafayette, LA, its processes, how the deals are financed and structured, and how you can learn more about this project.

    CONNECT WITH OUR GUEST:
    Website: www.legacyacquisitions.com
    Calendly Link: https://calendly.com/andylegacy
    LinkedIn: https://www.linkedin.com/in/andymcmullen/


    ARE YOU A PASSIVE INVESTOR LOOKING FOR PRE-VETTING COMMERCIAL MULTIFAMILY INVESTMENT OPPORTUNITIES? VISIT CANOVOCAPITAL.COM TO CONNECT WITH US

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