For today’s episode, we will be discussing the last part of the capital stack, common debt.
This week we're covering the common debt, the debt on the top of the stack.
We will talk about these things…and more in another episode of Multifamily Investing Made Simple in under 10 minutes.
"most people are fairly familiar with common equity. This is what you're investing in if you buy a share of Apple" - Dan Kreuger
"there is the chance that the investment goes completely to zero, that you have no legs to stand on and you get nothing out of it" - Anthony Vicino
"preferred equity position, and it's an institutional investor like a private equity group or a family office that might come with a little bit more pull a little bit more say" - Dan Kreuger
"elevating and putting the common equity holder above even the slum, the slummy GP's. Those guys should always be the very last to get paid" - Anthony Vicino
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