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Episode 456: Inside Chicago’s Commercial Lending Landscape w/ Asher Motew and Quinn Keenan

Asher Motew and Quinn Keenan Explain the Value of Essex Capital Markets

Asher Motew and Quinn Keenan of Essex Capital Markets break down keys to their early career success in the Chicago Commercial Lending Market!

Asher and Keenan start by explaining their background coming from real estate families and how they’ve been able to pave their own path in commercial lending. They share their service offerings including creative solutions they bring that traditional lenders may not have. The duo talks about some successful deals and how those were put together while also explaining why their partnership has worked so well. They get tactical on underwriting expenses and NOI on deals to achieve desired lending outcomes. Through the show, Asher and Quinn showcase that being hungry and grinding has been the key to tremendous growth early on in their careers.

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02:59 Housing Provider Tip - Understand and leverage cost segregation studies. 

04:44 Intro to our guests, Asher Motew and Quinn Keenan!

13:20 Jumping into commercial mortgage brokerage.

21:20 The value offered by commercial debt brokers.

31:04 Breaking down a successful deal!

39:56 Asher and Quinn’s complimentary partnership!

46:09 Biggest financing hurdles on deals!

50:54 Essex Capital Markets’ role in the lending process.

61:10 Tactical tips on underwriting expenses and income.

66:36 What’s next for Asher and Quinn.

69:18 What is your competitive advantage?

69:35 One piece of advice for new investors.

69:43 What do you do for fun?

69:52 Good book, podcast, or self development activity that you would recommend? 

70:04 Local Network Recommendation? 

71:27 How can the listeners learn more about you and provide value to you?

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Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guest Name: Asher Motew and Quinn Keenan

Guest Company: Essex Capital Markets

Guest Link: https://essexcapitalmarkets.com/

Other Links for show notes:

Essex Capital Market's Instagram

Matt Feo (Essex Realty Group)

Asher Motew’s Instagram

Asher Motew’s LinkedIn

Quinn Keenan’s LinkedIn 

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