Housing-News-Report-September-2018

HOUSINGNEWS REPORT

MY TAKE

Changing Seasons of Opportunity

BY JEFF TENNYSON CEO, LIMA ONE CAPITAL

that continues to be a significant part of our national lending platform. However, we continue to see avenues to expand our product mix as our nationwide real estate clients take advantage of new opportunities within their local markets. We’re seeing exciting new opportunities in new construction for rental properties and in small-balance multifamily financing. We see both types of investment properties emerging in this new season of real estate investing. We believe the innovative financing

options now emerging create a terrific compliment to the fix-and-flip market, which continues to show steady growth and good returns. In addition, the new Opportunity Zones section of the recent Tax Cuts and Jobs Act legislation creates additional promising options for real estate investors. The purpose of this new investment vehicle is to help direct resources to low-income

In the Carolinas, fall is always one of my favorite seasons. We’re recharged from vacations and school breaks and feel some relief from the heat and humidity. The fall promises a change of climate, a change of colors from fall foliage and an optimistic outlook for opportunities ahead. At Lima One Capital we’re seeing exciting new opportunities for real estate investors. We were originally founded as a fix-and-flip lender, and

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SEP 2018 | ATTOM DATA SOLUTIONS

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