Posts by Ridgegate Financial
Why Invest in Healthcare Real Estate?
Wally Smith: Very good. Well, this sounds like a lot of depth definitely in this sector and obviously in the industry as a whole. You guys, you’ve chosen healthcare. Obviously the demographic, the baby boomer wave and all of that is supportive of that. What do you like about it? What do you like about…
Read MoreSpotlight: Patrick Lam and Mike Jones
Wally Smith: It’s been a few months since we’ve had you guys on. Why don’t we start from scratch? And Patrick, Mike, why don’t you introduce yourselves and what you do for Inspired Healthcare? Patrick Lam: Sure. Thank you so much, Wally. My name is Patrick Lam. I’m the president of Capital Markets and the…
Read MoreInvesting in Healthcare Real Estate Part 2 | The 1031 Show™ | Episode 23 | Inspired Healthcare Capital
00:00 – 00:36: Teaser 00:36 – 01:13: Introduction 01:13 – 01:26: Bumper 01:26 – 03:27: Spotlight: Patrick Lam and Mike Jones 03:27 – 04:53: Why Healthcare? 04:53 – 06:27: Managing IHC’s Facilities with Volante 06:27 – 08:09: Covid’s Effect on IHC 08:09 – 11:12: Structure of IHC’s DST Investments 11:12 – 12:35: Other Types of…
Read MoreNewsletter | August 2022
A Conversation with Dr. Arthur Laffer | After-Tax Income as Incentive | Wallace Smith, ChFC® I recently had the pleasure of meeting Dr. Arthur Laffer after a talk he gave in Beaver Creek, CO, hosted by the Steamboat Institute. Over 90 minutes, Dr. Laffer shared stories from his fifty years in public policy as the…
Read MoreThe 3 Things to Look for in a DST Sponsor
Wallace: What are the important things you’re looking at when looking at a sponsor versus an offering? Brandon: Well, I would say sponsored due diligence is really critical and it’s … Unfortunately it’s often overlooked or there’s not as much emphasis placed on it. I would rather do a mediocre deal with a good manager…
Read MoreWhat is Due Diligence? Why is it Important?
Wallace: Let’s go back to the basics. You know, we’ve talked about it a little bit, but what is due diligence? Why is it important for clients? Brandon: Yeah, so I would define it as a reasonable investigation of an investment program in order to come to a thorough understanding of the risks. Now, its…
Read MoreWhat is a 721 UpREIT?
Wallace: We’ve seen a lot more 721 UPREITs being introduced and available. It’s like any of the big companies are trying to position themselves to have one. Could you talk a little bit about UPREITs? Brandon: Yeah. So it used to be the primary exit strategy for these programs would be you would sell the…
Read MoreThe Key Differences Between TICs and DSTs
Wallace: Can you describe a tenant in common investment, then? I know there used to be a lot of those before the DSTs. Brandon: Yeah, so essentially a tenant in common, or a TIC investment, is another way to structure the syndication of estate for Section 1031 purposes. Each investor owns an undivided interest in…
Read MoreThe Key Benefits of DST Investments
Wallace: So the key benefits of somebody buying a DST as opposed to buying another property. I know a lot of folks will say, “Well, that’s my property. I know that property. Why would I want exchange for something I don’t know?” What do you see as the main reasons, the main benefits? Brandon: Well,…
Read MoreWhat is a DST? What Kind of Properties Can be in a DST?
Wallace: You know, let’s go over some real basics. Describe what is a Delaware Statutory Trust. Pretty basic question. Brandon: Well, yeah. So, I mean, it’s essentially a wrapper or a type of legal entity that’s established in the state of Delaware. In our context, the trust holds title to the underlying property or properties…
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