Buying Multifamily Assets Out of Bankruptcy with John Adair, Managing Partner of Glencrest
In this episode of Real Talk, I speak with John Adair, Managing Partner of Glencrest. Glencrest owns and operates apartment buildings. They offer two investment vehicles — both focused exclusively on existing, high quality, well-located multifamily communities.
We discuss:
- Why John prefers one of capital raises to a fund structure
- How sub-markets can have a different economic climate than the greater region
- His experience in buying Meadowscape Apartments out of bankruptcy