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PROJECT UPDATE – May 2016Greg cross_CC

Trigild Presents Fifth Annual Spring Lender Conference to Sell-out Crowd 

Continuing uncertainty about interest rates, falling oil and gas prices, maturing loans and changing regulations in the commercial real estate and financing markets topped the agenda for the Fifth Annual Trigild Spring Lending Conference, held late last month at the Hotel Zaza in Dallas.

Conference founder and Trigild president Judy Hoffman said the event was once again a sellout, with speakers exploring a wide range of topics of interest to lenders and CMBS servicers from around the country.

“Respected industry leaders addressed topics including the potential impact of sovereign wealth funds on CRE, alternative strategies for recovery and how loans are getting paid in today’s market,” Hoffman said. “There was a great deal of discussion about upcoming loan maturities with most panelists agreeing that they will have an effect – especially in tertiary markets – but the problem hinges on the direction of interest rates, availability of capital and property values.” Read More

>> Click here to view conference photos.

>> 2016 Fall Conference Sponsorships are available. Click here to view the prospectus.

Case Study
Independent Senior Living – Texas

This property is a low-income, independent senior housing community. Originally built in 1924 as a hospital, the asset was renovated in 1983 as apartments. Upon takeover,
Trigild was confronted with many challenges:

  • Equipment and machinery was outdated and expensive to repair
  • Low occupancy of 59% with many vacant units in down condition
  • Rents restricted by a LURA resulting in inadequate revenue for property expenses
  • Severe bed bug obstacle to remedy and overcome
  • The community shared various resident services with debtor’s sister property

Property type: Multifamily, Independent Senior Living
Location: Texas
# of Units: 111 Apartment Homes & 4 Commercial Spaces
Occupancy Increase: From 59% to 72%
Value Created: Increased annual revenue by 31% and decreased operating expenses by 28% resulting in a 60% annual NOI increase.

Click here to see how Trigild increased occupancy by 13% and annual revenue by 31%.

Call today and let us show you how we can get results like this for your properties. 888-242-1227

Trigild’s Most Recent Projects

  • 129 room hotel located in Twin Falls, ID
  • 126 room hotel located in Boise, ID
  • 100 room hotel located in Moses Lake, WA
  • 44 room hotel located Portland, OR
  • 105,950 sq. ft. office property in Temple, AZ
  • Appointed on a post judgment receivership

Industry News

There Could Be a Bubble in These Real Estate Markets – Reuters

Lenders Tighten CRE Borrowing Standards – CoStar

CIT: ‘Mixed’ CRE Optimism – MBA Newslink

Moody’s: CRE Supply/Demand Remains Steady – MBA Newslink

CRE Executives Approaching 2016 with More Caution – GlobeSt.com