Over the past year and a half, the unprecedented rise in interest rates has had many ripple effects across the commercial real estate investing world. These ripple effects have put many investments that were made in the past two to three years in jeopardy. Today we discuss those ripple effects and how preferred equity is being used to bolster the capital stack on new acquisitions or provide rescue funds for projects that are struggling due to increased costs. And I can think of no better person to help us make sense of this than friend of the show Paul Moore. You’ve seen Paul’s articles on Bigger Pockets, and he’s been on the show many times. Today Paul talks about preferred equity, and how it’s being used to bring additional funds into many different types of projects. Paul is the founder and managing partner of Wellings Capital, and a best-selling author on multifamily and self-storage. Find out more: www.wellingscapital.com Today’s episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and Medicare benefits. https://www.rcbassociatesllc.com