Dan Croce

Birgo Capital

3 Benefits of Leverage in Real Estate

The simple definition of leverage is “using debt to increase your returns.” Borrowing money to finance projects enables investors to acquire more assets than they could otherwise afford, and to earn outsized returns proportional to equity invested.
Birgo Capital

Birgo Battles: Single Family vs. Multifamily

All right folks, it’s that time again. Go ahead and grab some popcorn and a beverage, get some friends together, and sit back for another showdown of epic proportions with this week’s episode of Birgo Battles. Today’s contest features two familiar characters, each of which are beloved by their devoted fan bases. We’re talking about the classic residential real estate investor’s conundrum: single-family vs. multifamily. It’s an age-old debate, and while both of our contestants have merit, in life there are winners and losers. Today we’re going to look them up and down, side by side, and determine who we’re voting off the island… and who we’re going to keep on the squad.
Birgo Capital

Fannie Mae vs. Freddie Mac: Birgo Battles

In real estate, Fannie and Freddie provide liquidity to the marketplace. In this piece, we’ll pit them against each other for a blow-by-blow comparison between the two stalwarts of multifamily capital. Before we delve into what makes them different, let’s start with an overview of what actually unites them.
Birgo Capital

A Mini Birgo Memoir: Recalling March of 2020

365 days. 52 weeks. One year. We're looking back after one year of shutdowns due to the COVID-19 pandemic and what it meant for us as real estate investors.
Birgo Capital

A Guide to Real Estate Private Equity Fees

Birgo Capital deeply believes investors should be adequately informed regarding all elements of their investment holdings and the costs associated with them. As such, private equity fees are a key factor when determining which fund and fund manager to invest.
Birgo Capital

Five Ways to Generate Passive Income from Real Estate

Making money in your sleep. Mailbox money. Both of these terms are often used to describe "passive income." Read how to generate passive income through real estate.
Birgo Capital

Craigdell Gardens: A “Value-Add-Venture” with Birgo Capital

When Birgo Capital first considered the acquisition of Craigdell Gardens in the fall of 2019, it jumped out to our principals as the type of asset that is right down the fairway for us. Read our latest case study as we bring you through the latest addition to our portfolio.
Birgo Capital

Impact-Oriented Private Real Estate: Improving Lives Through Real Estate

Here at Birgo Capital, our mission fuels our yearly, monthly, weekly, and daily drive. We strive to "Improve Lives Through Real Estate," by stewarding capital through private real estate investing. This blog takes a dive into explaining the "why" behind our company.
Birgo Capital

Collecting Rent During COVID-19: An Update from a Private Equity Real Estate Investment Perspective 

As another quarter comes to an end (and after about six months into the novel coronavirus pandemic), Birgo Capital principal Dan Croce takes a look at the firm's rent collection. Read Dan's analysis and insights in Birgo Capital's latest article and learn how multifamily real estate properties have been impacted.
Birgo Capital

How Changes in Interest Rates Impact Real Estate Investments

Real estate investors know that interest rates are one of the most important economic factors to consider when monitoring the investment landscape. But interest rates are also a complicated topic! Today, Birgo Capital is sharing some considerations for how changes in interest rates impact real estate investments.
Birgo Capital

Cap Rates Debunked: What's in a Cap Rate?

At Birgo Capital, we know that an understanding of cap rates is essential. For new investors in real estate, picking the right property to start an investment portfolio can be a daunting task. After all, purchasing an investment property is no small feat. Any time you’re putting your money on the line, it’s important to make an informed decision.
Birgo Capital

Are Multifamily Apartments Actually Worth More Because of the Pandemic?

While a heightened sense of risk was clearly present for multifamily real estate investors in late March, the fast-moving dynamics of coronavirus response have contributed to a quick shift towards a different sentiment. Birgo Capital's principal Dan Croce is sharing a few observations as to why demand for multifamily properties -- and not cap rates -- might actually increase in the near term.
Birgo Capital

Why Birgo Capital’s Real Estate Funds are Well-positioned to Navigate COVID-19

Here's what Birgo Capital is doing (and has done) to maximize the performance of our real estate private equity funds in light of the coronavirus recession.
Birgo Capital

Collecting Rent During COVID: Birgo Capital's June Update

Birgo Capital's rent collection took a hit in late March, but April and May were solid. How is June shaping up? Dan Croce, Principal at Birgo Capital, shares a deep-dive look into the data.
Birgo Capital

Impact of COVID-19 on Real Estate Operating Expenses

Through COVID-19 and associated economic shutdowns, real estate investors have largely been focused on how these events will impact revenue. However, multifamily investors must also be thoughtful about other components of the cash flow equation - particularly the impact this recession will have on expenses. In this post, Birgo Capital will highlight a few key areas of consideration for the impact of the coronavirus recession on operating expenses.
Birgo Capital

Collecting Rent During COVID-19: Birgo Capital's May Rental Income

When the coronavirus public health crisis seized America by storm in mid-March, investors in residential rental properties struck a tone of concern regarding whether or not tenants would be able to pay rent in the coming months. Birgo Capital shares a deep dive into the data today.
Birgo Capital

Is Workforce Housing Still a Safe Investment?

Prior to the COVID-19 pandemic, this niche within the multifamily sector was increasingly viewed as an undervalued safe haven for real estate investors that produces steady cash flow regardless of economic cycles, with the added social and economic benefits of supporting a basic need for working-class citizens.
Birgo Capital

Will Workforce Housing Real Estate Be Impacted by COVID-19?

For a little more than one month now, COVID-19 has had the multifamily real estate industry on its heels as we seek to determine what the pandemic’s impact will be on property owners’ ability to collect rents.
Birgo Capital

A Candid Look At COVID-19's Impact on Real Estate

Four key questions Birgo Capital is asking as we navigate the current climate
Birgo Capital

Pittsburgh Real Estate: Opportunity In Private Equity (White Paper Download)

Real estate private equity is increasing in popularity as an alternative asset class. Pittsburgh is rapidly becoming one of the world’s best locations for long-term real estate investment. Provided is an overview of both — the Pittsburgh Real estate market and the opportunities that abound specifically in private equity. Attached is our white paper Investing in Pittsburgh Real Estate: Private Equity