Category: Uncategorized

What We Do

We arrange financing for Multifamily properties

• We arrange debt & equity – Conventional, Agency, Mezzanine and Preferred Equity
• If we like a deal we may co-invest
• We talk to a lot of Sponsors, Borrower, Brokers – show us your deals, we may have interested parties
• We might have a deal you would be interested in

CALL ME ABOUT PARTNERING (832) 690-7216 – jbeggins@oldcapitallending.com

Refer Customers to Us –

• If you cannot place financing for a bank customer
• If you need to arrange capital for a property you are selling
• If you work for an owner who needs financing help
• We pay generous referral fees if your organizations allows ​

Let’s Have a Conversation

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Using Chatgpt to Write Filler Content

Oftentimes the most tedious portions of Offering Memorandums  to write involve location narrative. What are the amenities surrounding a property? If you are very familiar with a neighborhood you may be able to point out primary landmarks and neighborhood features easily. If you do not know an area, research can be time-consuming. Enter Chatgpt. Perhaps we want to describe downtown Austin’s amenities. A simple query; “Describe the most popular amenities in downtown Austin” yields the following description:

Downtown Austin, Texas, is known for its vibrant and dynamic atmosphere, offering a wide range of popular amenities that cater to residents, visitors, and tourists. Here are some of the most commonly enjoyed amenities in Downtown Austin.

1. Live Music and Entertainment Venues: Austin is often referred to as the “Live Music Capital of the World.” The downtown area boasts numerous live music venues and bars that host performances by local and internationally renowned artists. Venues like the historic Continental Club, Antone’s, and the Mohawk draw music enthusiasts looking for a lively night out.
2. Lady Bird Lake: This picturesque reservoir along the Colorado River offers opportunities for outdoor activities such as kayaking, paddleboarding, and jogging along the scenic Ann and Roy Butler Hike-and-Bike Trail. The Ann W. Richards Congress Avenue Bridge is also famous for the spectacle of bats emerging at sunset from March to November.
3. Food and Dining Scene: Downtown Austin is home to a diverse and thriving culinary scene. From food trucks and casual eateries to upscale restaurants, you can find a wide variety of cuisines, including Tex-Mex, BBQ, fusion, and international flavors. The popular South Congress (SoCo) and East Sixth Street areas are known for their dining options.
4. Cultural Attractions: Museums and cultural sites like the Blanton Museum of Art, the Mexic-Arte Museum, and the Bullock Texas State History Museum offer opportunities for learning and exploration of art, history, and culture.
5. Nightlife: The downtown area is bustling with nightlife options. Sixth Street, often simply referred to as “Dirty Sixth,” is famous for its bars, clubs, and live music venues, attracting both locals and visitors looking to have a good time.

It goes on, but the point is a designer can save enormous amouts of time using Ai to provide filler narrative content. Capabilities are not yet in place to provide the real estate analytics prepared by a real estate professional but any tools to speed up processes are welcome and allows more time for deeper analysis.

Small sample of current rates. Contact us to discuss your deal so we can tailor financing to your needs and situation. Contact us for pricing on:

• FHA – 223 (F) and 221 (D) 4
• CMBS
• Bridge Loans
• Preferred Equity
• Affordable Agency

Latest Band Happenings

My son’s band, Wild Child, just concluded a West Coast tour and are now back in Austin for more songwriting, recording and preparing for their first of the year tour of the British Isles and parts of Europe.

Check out their latest album – END OF THE WORLD –
wildchildsounds.com

Great group of professional musicians led by Alexander Beggins and Kelsey Wilson. Look them up and take a listen – support independent musicians!

Sidney’s Mom buys a new apartment She calls her son once she is moved in and is gushing about what a nice place she has and invites him to come see it. Of course he agrees so she starts giving him directions on how to get there. “Once you park, head straight through the courtyard and you’ll see a buzzer for the apartments. Use your right elbow to hit 3B and I’ll buzz you in. When you get inside walk over to the elevator and use your knee to push the UP button. Then use your left elbow to hit 3. I’m the apartment at the end of the hall. Kick the door two times and I’ll come open it for you.” The son is understandably confused by these detailed instructions. “But Mom, can’t I just use my hands for the buzzer and elevator and to knock on the door?” he asks. She pauses for a minute. Finally she says – “Oh, so you’re not bringing anything…”

Send me your customers, clients, friends and associates that are interested in growing wealth in multifamily. I arrange financing for new or experienced investors but more importantly advise clients on how to get deals done. We educate, underwrite, size up and package deals for the best chances of success. We know the markets and what is possible today. If we are successful in arranging financing for your people, we pay generous referral fees (if you are permitted to accept them). In addition to arranging capital, we also assist investors in finding great vendors to add to the investing team. We may also be able to find properties for investment if your clients are searching. Contact me – jbeggins@oldcapitallending.com (832) 690-7216, to explore solutions and opportunities for you and your clients.