Tune in to today's episode with Mike Prahl as he walks us through his investment journey. From commercial real estate banker to real estate investor, Mike shares his insights for what banks look for when underwriting deals.
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Mike Prahl is responsible for deal sourcing, underwriting, and investor relations at Paycos Capital. Mike has over 9 years of real estate experience, including professional roles in banking, real estate debt/equity investing, asset management, and property management. He has also been an active multi-family investor for the past 6 years and passively for the past 9 years. Prior to co-founding Pecos Capital, Mike served as an AVP at Citigroup, where he underwrote over $500 MM of multifamily debt, in addition to overseeing the Freddie Mac lending process for Citigroup’s LIH TC affordable housing platform. Before Citigroup, he spent two years as a financial analyst at Starwood Property Trust.