Posts by Ridgegate Financial
What Jeff Learned From A Family Office Background
Wally Smith: Okay. Like to dive in a little bit to some of your background there. It’s interesting, with the family office background. When I think of family offices, I…
Read MoreWhat’s a Master Lease & Core’s Lease Agreements
Wally Smith: Describe when you would have a master lease. What’s a master lease, and why do you have it in a DST structure? Jeff Montgomery: So, I mentioned my…
Read MoreIndustry Basics and Core’s Use of Cap Rates
Wally Smith: Okay. Here’s some basics, basics in the industry. Describe what is a cap rate? Jeff Montgomery: Oh, no. So, cap rate NOI, net operating income, divided by your…
Read MoreCore’s Underwriting Process and Property Management
Wally Smith: Let talk through that a little bit. How do you guys underwrite a property? Jeff Montgomery: Sure. So, we start with market. Mentioned a couple times. If we’ve…
Read MoreCore’s Leadership and What Makes Them Different
Wally Smith: Tell us a little bit about the leadership at CORE. Who are the big dogs? I mean, besides yourself? Jeff Montgomery: Don’t consider myself that. Our leadership team…
Read MoreCore’s Performance During Recession
Wally Smith: Has CORE ever missed a distribution payment? Jeff Montgomery: We have not. Wally Smith: Okay. How did you do during the lockdowns? How was all that? Jeff Montgomery:…
Read MoreHow Core Hedges Against Inflation
Wally Smith: All right. Tell me about full-cycle programs. Do you have full-cycle programs you’ve gone through? Jeff Montgomery: On the DST side, our first acquisition was 2016. So 10…
Read MoreCore Plus and the Changes to the Industry
Wally Smith: Tell us about core plus. You mentioned that in our pre-meeting a little bit. Jeff Montgomery: So core, core plus, core asset, brand new, straight from the developer,…
Read MoreCore’s Target Market for Acquisitions
Wally Smith: Are there specific areas where you’re looking at? Jeff Montgomery: We are. So, we have a lot of history on DST side with Sunbelt, Midwest. We are bringing…
Read MoreSpotlight: Jeff Montgomery and Core Pacific
Wally Smith: Welcome, Jeff Montgomery. How are you? Jeff Montgomery: Thank you. Great. Pleasure to be here. Wally Smith: And you’re vice president of acquisitions with CORE Pacific. How long…
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