In this episode, we have an insightful conversation with our managing principal, Wayne Courreges III, as he dives into the fascinating world of real estate investment. Wayne takes us through some of the most important aspects of underwriting and vetting deals from a passive investor’s perspective. He also discusses the role multifamily investors should play behind the scenes of multifamily underwriting. 

Wayne leads the investment lifecycle and investor relations for CREI Partners as the lead sponsor and general partner. For more than 15 years Wayne has worked with a Fortune 150 commercial real estate firm leading property management services of 4.5M+ square feet for both institutional and non-instructional clients over his career. Wayne has worked closely with dozens of real estate professionals executing building strategic plans of over $60M and assisted owners through their investment lifecycle. His background in commercial real estate, passion for leading teams, and desire to increase his investor’s and team’s wealth pushed him to start CREI Partners.  

Topics on Today’s Episode: 

• Importance of understanding return rates and conducting sensitivity analyses 
• Assessing projected interest rate increases and exit cap rates 
• Emphasizing the importance of trust and relationships with the sponsor