In February 2024, the CRE capital market showed signs of revival with significant fundraises and loans, amidst cautious economic oversight by the Federal Reserve.

The Thanksgiving update discusses the successful acquisition and ongoing development of Cooper Bend in Hanahan, SC. It also covers recent media appearances, a shift in investment focus towards distressed assets and loan assumptions, and provides insights into the current economic climate, including inflation rates and market trends. Despite mixed economic indicators, the company remains optimistic about investment opportunities.

We're thrilled to announce our acquisition of Residences at Cooper Bend in Hanahan, SC, purchased from a distressed seller at $91k/unit. Thanks to our investors for making this possible. Q3 reports are on their way. We've been featured in multiple podcasts. We're exploring all opportunities and our portfolio continues to defy market trends, seeing significant rent growth.

Matheson Capital announces a new investment at Cooper Bend. Summers Run acquisition, our largest, delivers strong returns despite delays. We enhance the investor experience with a new website and portal and our distressed property hunt continues.

Matheson Capital announces Summers Run's August 17th closing. Seeking distressed properties with price drops due to financing issues. Inflation at 3.2%, impacting Fed rate hikes. Job market stabilizing with wage increases.

Summers Run's closing delayed, but rent roll grows. Seeking opportunities in distressed sales. Inflation down, but Fed hikes persist. Rents drop nationally, supply may shift market. Borrowing costs up, distress in commercial assets.

Summers Run in Asheboro, NC, is set to close soon. We discuss our podcast appearances and the search for investment opportunities. Home and commercial real estate prices are declining due to interest rate hikes. Office lenders face challenges, while multifamily properties remain strong.

In eventful times, Summers Run advances with full equity commitments. Buying opportunities exist with 20% price drops and safer financing. Loan assumptions are promising. Market demand varies. Federal Funds Rate may pause at 5-5.25%. First Republic Bank's collapse raises rate hike concerns, squeezing banks.

Recent years brought real estate challenges. Summers Run advances with an assumable loan. Limited listings drive off-market search. Houston sees a $229M multifamily foreclosure with no bids. Lending tightens, rates at 8-9%.

Matheson Capital welcomes new team members and introduces investment opportunities: Summers Run in Asheboro, NC, and retail options. They focus on newer, stabilized properties. Recent bank collapses may alter financing landscape. Inflation at 6% in February shows improvement.

In January, we were busy with taxes and noticed fewer properties on sale. We're changing our email system from MailChimp to IMS, so watch out for our updates in your spam folder. Exciting news: We're hiring more people to help us review more properties.