David Monroe is an Associate for the Multifamily Division at Beck Partners CRE.
Mr. Monroe specializes in working with Investors and Sellers on the acquisition and disposition of Multi-Family properties. Dedicated to providing clients with industry leading service and transparency. David will keep you up to date & informed with dynamic reports and interactive communication.
David moved to Mobile, AL from Orlando, FL and is originally from Santa Clara, CA. David proudly served in the United States Marine Corps where he learned integrity, loyalty and trust. These traits along with many others are deeply embedded inside of David’s core values.
Please follow David on Twitter too! @DavidMonroe45
Photo Courtesy of Adobe Stock Images Multifamily Inventory is down in the Mobile and Pensacola Markets do to the high occupancy and high rents owners are enjoying. This has led Investors to seek out properties they normally would not purchase because of lower margins in returns. So where are deals being found? The multifamily class […]
Azalea Court Apartments Mobile Alabama [embedded content] Hi I’m David Monroe with Beck Partners Commercial Real Estate’s Multifamily Division. Today is March 25th, 2016 and welcome to today’s Multifamily Minute. I just wanted to take a minute and let you know that Azalea Court Apartments sold this month for $1,025,450 or $44,580 per unit. Azalea […]
One of the most common questions I get is, “How Do I Get A Multifamily Loan?” The simple answer, “Be Prepared!” One of the most common misconceptions in multifamily investing is a bank will lend you money strictly on the properties performance and NOT look to the buyer for any guarantees. This is known as […]
The multifamily market has recovered better than most asset classes from the great recession and we’re seeing a seller’s market all across the country. With cap rates at historical lows, it’s more important than ever to be diligent when underwriting a multifamily investment. Step 1 – Knowing My Exit Strategy – Beginning With The End […]