Deep Dive Podcast Last Deal Norman Creek

Is it possible to put an asset under contract without putting boots on the ground? Apartment syndicator, Jonathan Barr, shows it is possible—not wasting your time but still ensuring the quality of the property. In this episode, he joins Dan Handford to talk about his acquisition of the 72-unit Norman Creek in Oklahoma City, OK. He takes us to how he structured that and working with a property management company and then shares the contingencies he put into place. Originally a 71-unit property, Dan shares how adding an extra unit came about. He also taps into the property’s renovations, occupancies, marketing budget, returns, and more.