Manny Fernandez (@mfernandez3) header
Manny Fernandez (@mfernandez3) profile picture

GM @BEVAHomes · Real estate investor · Entrepreneur · Pastor, husband, and dad — faith shapes everything I build. 20 yrs in global missions.

Arlington, TX
Joined October 2007
Photo by Manny Fernandez (@mfernandez3)Photo by Manny Fernandez (@mfernandez3)Photo by Manny Fernandez (@mfernandez3)Photo by Manny Fernandez (@mfernandez3)Photo by Manny Fernandez (@mfernandez3)Photo by Manny Fernandez (@mfernandez3)Photo by Manny Fernandez (@mfernandez3)Photo by Manny Fernandez (@mfernandez3)Photo by Manny Fernandez (@mfernandez3)Photo by Manny Fernandez (@mfernandez3)
88% of CRE firms are running AI pilots. 5% actually hit their goals. The gap isn't the software, it's the fact that nobody owns the outcome.
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JLL's research: 60%+ of operators weren't prepared for deployment when the pilot ended. They ran the experiment, got to the edge, and had no plan for what came next.
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$930 billion in CRE loans mature this year. Office is first in line. And 36% of those loans can't pencil a refi at current rates.
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In April alone, $3.28B in CMBS loans hit hard maturity across 70 whole loans. Office carried the biggest bucket at $1.07B. These were written at 3-4%. They need to refi at 6-7%.
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Rob Gilman at Anchin said he wouldn't give AI $20M to invest. That's the most honest thing anyone has said about underwriting tech in two years.
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The Bisnow piece from April 19 is fair. AI is doing real work: lease abstraction, environmental reviews, offering memo drafts. That's not nothing. It's just prep.
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“So will I” #spanish #tenerife @ La Laguna, Canarias, Spain instagram.com/p/BhlhJJYH_LLW… – at San Cristóbal de la Laguna, Spain
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“If you had known….” God’s words here cut directly to the heart, with the tears of Jesus behind them. These words imply responsibility for our own faults.
If you had known…in this your day, the things that make for your peace! But now they are hidden from your eyes. —Luke 19:42
May your celebration of the Resurrection be filled with joy! He is Risen!
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Are you faithful to Jesus, or faithful to your ideas about Him? Are you faithful to what He says, or are you trying to compromise His words with thoughts that never came from Him?
Are you debating whether you should take a step of faith in Jesus, or whether you should wait until you can clearly see how to do what He has asked?
Trooper!! Awesome wife and mom!! Love my home team!! instagram.com/p/Bgzh9CmHOdn/
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Purity is the result of continued spiritual harmony with God. We have to grow in purity.