Loan Modifications, Capital Calls, and Member Loans with Dugan Kelley (Part 2)

Loan Modifications, Capital Calls, and Member Loans with Dugan Kelley (Part 2)

Author: Mark & Tamiel Kenney July 19, 2023 Duration: 14:51

Your loan documents will determine how creative you can get when your deal hits trouble. Most syndicators don't find that out until the crisis is already here.

In Part 2 of this series, syndication attorney Dugan Kelley breaks down the legal and financial tools available to operators in distress — and explains why lenders right now are more open to working with you than you might think.

In this episode you will learn:

• Why your loan covenants are the real limit on your options — not your creativity

• How lenders are being encouraged to work constructively with borrowers to avoid defaults and foreclosures

• The critical difference between a capital call and a member loan — and how each one sits differently in your capital stack

• When and how to disclose problems to your investors — and why waiting is the worst option

• How to use loan modifications, capital calls, and member loans together to stabilize a struggling property

This is the episode every syndicator, GP, and LP should hear before trouble arrives — not after.

Ready to learn alongside serious multifamily investors in person? Join us at our next live event at https://thinkmultifamily.com/event

Subscribe to the Think Multifamily Podcast on Apple Podcasts and Spotify.

Check out the shownotes for this podcast here.


Mark and Tamiel Kenney built something remarkable, turning a single duplex into a portfolio of over sixty-five hundred units in just three years. On the Think Multifamily Podcast, they pull back the curtain on exactly how they did it, moving beyond theory to share the tangible, week-by-week steps that define real success in apartment investing. This isn't about sacrificing your time or freedom; it's a practical conversation about building a legacy that actually works for your life. Each episode feels like a direct conversation with the Kenneys, filled with the specific insights and hard-won lessons from their own journey. You'll hear them break down complex deals, discuss market shifts, and explore the mindset required to navigate the challenges and opportunities in multifamily real estate. Tune in for a straightforward, content-rich dialogue that cuts through the noise, offering a clear path for anyone serious about creating lasting wealth through property. This podcast provides the kind of actionable guidance that only comes from hosts who have walked the path themselves.
Author: Language: English Episodes: 100

Think Multifamily Podcast
Podcast Episodes
Interest Reserves & CapEx Funds — What Lenders Won't Tell You [not-audio_url] [/not-audio_url]

Duration: 14:23
Most investors know their bridge loan includes interest reserves and CapEx funds. What they don't know is what happens when they don't use them correctly — and by the time they find out, it's usually too late. In this so…