Welcome to Investment Housing Specialists

Partner with a Local Real Estate Expert Backed by 45+ Years of Experience.

Real Estate Investors

We know that real estate is one of the biggest investments you’ll ever make, and we’re here to make the process as smooth and rewarding as possible. Here’s what sets us apart:

Boutique Attention: As a referral-based business, we prioritize quality and customer satisfaction over high-volume transactions.

Local Expertise: With deep knowledge of the Tri-Cities area, we can help you find the perfect property or buyer.

Personalized Service: Your needs, wants, and desires are our priority. We’ll work closely with you to deliver results that exceed your expectations.

How We Can Help You

Whether you’re buying your first home, selling a property, or looking to invest, Investment Housing Specialists is your trusted partner. Explore our services:

Buying: Let us help you find your dream home or the perfect investment property.

Selling: We’ll market your property with precision and care to maximize your return.

Investing: With years of real estate expertise, we’ll help you identify and secure profitable opportunities.

We’re here to guide you every step of the way, no matter where you are on your real estate journey.

Explore Our Resources

Our website is a treasure trove of information designed to empower your real estate decisions. Whether you’re looking to
buy, sell, or invest, you’ll find valuable resources to help you:

Market insights and trends

Property management expertise

Tips for navigating the real estate process

Feel free to reach out if you have any questions or need guidance—we’re always happy to help!

MEET THE FOUNDERs

Randy & Jana

At Investment Housing Specialists, we are proud to be an independently owned, boutique real estate firm located in the heart of the Tri-Cities area. Our team is passionate about helping individuals, families, and investors achieve their real estate dreams. With a focus on quality over quantity, we’re dedicated to providing personalized care and unparalleled service to every client we work with.

Boutique Attention

Local Expertise

Personalized Service

Meet the Team

Blogs

The Bridge Loan Trap: Navigating Multifamily Defaults

real estate| home loans| Buying real estate

January 28, 2025•1 min read

Do you remember the crash of 2008, where the housing market was blamed for making home loans issued to borrowers with poor credit histories? Of course, this caused massive foreclosures throughout the country. Here we go again, except this time, we can blame the commercial lending practices.

Multifamily real estate is now facing similar issues, particularly for investors with bridge loans. Many of these short-term and variable-rate loans are expiring, and they need to convert to institutional financing.

Investors planned to refinance these loans upon property stabilization, but rising interest rates have made refinancing costly and sometimes unattainable, leading to higher default rates. Reports show that distress in multifamily commercial mortgage-backed securities (CMBS) has surged, with delinquency rates nearly tripling in early 2024.

Banks are employing various strategies to mitigate potential losses, including increasing provisions for credit losses, reducing exposure to commercial real estate loans, and offloading distressed assets.

Despite these challenges, we may see an opportunity ahead for investors.

If there are no other black swans out there, lower rates would boost property values and ease the refinancing process, which is currently on hold for most owners in this situation.

Investors seeking value-added opportunities might find prospects in acquiring some of these distressed assets at lower prices, especially if they're able to find alternative financing solutions or have cash available.

Regardless, great opportunities could lie ahead for those who are watching closely. Let us know if we can help!

Randy Hubbs

Designated Broker / Asset Manager
Founder of Investment Housing Specialists / Equity 1st Home Group

Co-Founder of Legacy Investors.US

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