Whitney Elkins-Hutten of PassiveInvesting.com interviews multifamily investor Percy Nikora about his acquisition of the 192-unit Spring Forest in Mebane, North Carolina. He shares insights into the deal-sourcing process, mired with some negotiating challenges with attorneys. Percy also delves into the physical and financial due diligence, as well as how he brought in institutional money to boost revenue while mitigating risks.
