Ira Zlotowitz

@LakewoodScoop @Hertz @MCO Crazy! One person manning the gates

Folks in Florida for midwinter experiencing a different type of traffic…. @Hertz said they had 2,000 reservations for today @MCO

At a local Walmart this evening, as residents stock up for the impending winter storm

@BillAckman @realDonaldTrump @SecScottBessent @pulte How would you price that prepay? The whole reason it exists in CRE is to be the hedge for the banks due to the fact they borrow short and lend long term The hedge for residential is Fannie and Freddie to ensure that a borrower doesn’t have to think twice and be sophisticated

President @realDonaldTrump and @SecScottBessent, and @pulte, I have a simple idea on how to lower mortgage rates and spreads: One of the unique features of U.S. conventional mortgages is that they are prepayable at any time without a penalty. While this feature is attractive for homeowners, it comes at a significant cost as buyers of mortgage backed securities (‘MBS’) require a significant increase in spread to compensate them for giving the borrower the option to prepay at anytime. Why don’t Fannie and Freddie also offer non-prepayable mortgages where if the borrower wishes to prepay the loan, he would have to pay a prepayment penalty? I asked one of my friends who is an expert and large investor in MBS what the estimated savings today would be on a 30-year Fannie/Freddie mortgage if the borrower would be locked out from prepayment other than by paying a penalty? He estimated that the savings would be about 65 basis points. So a borrower could have a choice: Obtain a 30-year prepayable mortgage at today’s ~6% rate, or at a 5.35% rate, but with the obligation to pay a prepayment penalty if he/she refinanced in the future. The loan could also be made to be portable so that if the home is sold, the new borrower could assume the loan and no prepayment penalty would be owed on a sale. While the ability to prepay is a valuable option, locking in the 65 bps savings upfront over the life of the mortgage may be the difference between the borrower being able to afford the home and not being able to. You could imagine that there could be different versions of this product where the lock out would be for 5 years, 10 years etc. (with different levels of savings for each, the longer the lockout, the greater the savings) and the borrower could custom design the mortgage and its prepayability to meet their life plan. As you know, commercial mortgages work this way. Why couldn’t the same approach be used for home loans?

VIDEO: The One Question New Job Seekers Can’t Answer: And the Live Webinar That Finally Fixed It | Ira Zlotowitz thelakewoodscoop.com/news/video-the… @IraZlotowitz

@LakewoodScoop All about the want!

I heard a great quote tonight. “Don't tell God how big your problems are., Tell your problems how big God is!

@LakewoodScoop That is special!!!

TLS EXCLUSIVE: Several years ago, during an Ohr Somayach Mentors Mission event in Lakewood, one of the visitors asked Rabbi Posen of the Lakewood Cheder if he would accept his children into his schools if he became religious. Rabbi Posen said he would. The man became Frum, and his children now go to the Lakewood Cheder and Bais Faiga. Today, the man joined his peers on this year’s mission in Lakewood (pictured).

@YonahWeiss Can’t wait!

TODAY is the day! 🚀 It’s time to level up your acquisitions and equity game! Who’s ready to see how CRE AI tools can transform the way GP’s manage deal flow and raise equity? Today, Wednesday, September 3rd at 2:30 PM EST, I'll be hosting a Live stream session with @IraZlotowitz , Founder & President of @GPARENCY and a leader in reshaping CRE finance, to dive into the future of CRE AI tools. We’ll be showcasing AveryGPT (a brand new tool he's Beta launching) 👉 Think ChatGPT, but built as an AI agent and chatbot for acquisitions and equity raising. Who it’s for: • GPs in acquisition mode and raising equity (get in now as Avery is being built) • Service providers who can join Avery’s AI Rolodex, making sure you show up inside Avery and across other AI models This is the first chance to get in early as we build it. Join us live for the beta launch and see how AveryGPT can create new opportunities for your CRE business. Here’s what we’ll cover: ✅ How AveryGPT makes sure you never let a deal slip ✅ Auto-underwriting every deal the moment it hits your inbox ✅ Monitoring thousands of deals in real time (instead of juggling just a few) ✅ Supercharging not just acquisitions—but the equity raising process too ⚠️ And let’s be clear: this isn’t a data play—it’s a tool and automation play. With AI no longer the future but the present, this session will show how CRE AI tools are already reshaping the way GP’s and capital raisers operate. 👉 Comment “I’M IN” if you’ll be joining live 👉 Tag a friend who’s a GP beefing up acquisitions or raising equity 👉 And if you service the real estate industry, you’ll want to see this too—because these are the exact tools your clients will be using The future is here. Let’s make sure you’re not left in the past.

@YonahWeiss @Karina_inCRE Thank you @YonahWeiss Can’t wait! Will be epic!

@Karina_inCRE @IraZlotowitz built something new that helps with deal flow and property research. I'm hosting a webinar with him tomorrow about it

Yesterday I decided to play around with AI to see if I could automate some of my property research, especially ownership info and off-market deals. Turns out… it’s not that simple. A lot of these websites (like Crexi) block AI bots, and browser-based tools get shut down fast. I even tried writing my own Puppeteer scraper (yes, I went full nerd).. and while I managed to get into a few sites, most of them still blocked me. Plus, I realized it could cross some legal lines, so I decided to back off. That said, I’m not giving up. I'm just switching gears. I’m looking into other ways to make this easier and faster, while keeping everything fully legal. More soon.

@LakewoodScoop Congrats!

@bridgelenderguy @chernobelskiy @Stealx @GPARENCY It does what for free? Underwrites, shops, calls, negotiates, keeps your lender/broker in check, and finalizes the last details of the term sheet? I would that version!

@IraZlotowitz @chernobelskiy @Stealx @GPARENCY Chat GPT does it for free!

Finding the right lender deserves just as much hustle as finding the property Someone asked me to weigh in on a deal they had under contract I asked, “Which lenders have you talked to?” They said, “Just one.” I was stunned. "I've used the same bank for my last three deals." 🤮 A hill I'll die on, lenders are a commodity I've seen banks swing from super competitive to totally checked out Rates, leverage, appetite, all of it changes quarter to quarter Shop your deals to as many banks as possible

@chernobelskiy @Stealx Thank you @chernobelskiy! This is exactly what @GPARENCY does! We are the only mortgage brokers that guarentee the best pricing and we are placing $300m a month at just $4,500 per deal!

@Stealx Your time to shine @IraZlotowitz

@YonahWeiss @realEstateTrent @aussieflya @BobKnakal Ditto. It was amazing!

Why did you fly so far just to come to this Gala? The incredible people. There is no comparison to face-to-face interactions. I barely even got any pictures, so if you got any share them below. Great spending time with you even briefly: @realEstateTrent @aussieflya @BobKnakal @Jamesashields @chernobelskiy @AvivaRealEstate @AaronAZucker @ShlomoChopp @jt_ryder @ChadGriffiths @Cribdilla @kenashley @EstiLowenbein @SMB_Attorney @Anniesaysitsok @CRELeasingLawTX @IraZlotowitz @DailyREITBeat @TheMoRegalado @sethsamowitz Who did I miss?

Heard it hear first. The long term play is that now that @xai bought @X , the next play is that once #autonomos cars get approved, @Tesla will buy @xai

Forget interest rates. Forget NYC rent regulation. The biggest disruptor to commercial real estate? Autonomous cars. @IraZlotowitz of @GPARENCY explains

@arinohem @LakewoodScoop @AOC @BernieSanders @GPARENCY @shoptemu No one has all the dynamics here. The question is at this point if we ar better now than the trajectory we are on and net Will tariffs be good. I say yes to both. Let’s wait it out.

@IraZlotowitz @LakewoodScoop @AOC @BernieSanders @GPARENCY @shoptemu I’m sorry for being combative. I’m not well versed in all of the dynamics at play here but frankly it doesn’t seem like you are either

Contrary to what @AOC and @BernieSanders say, @IraZlotowitz of @GPARENCY says the tariffs will be great for the middle class. “Actually, the oligarchs will lose out,” Zlotowitz says. Here’s his take on it:

@arinohem @LakewoodScoop @AOC @BernieSanders @GPARENCY @shoptemu Not following the real wages part

@IraZlotowitz @LakewoodScoop @AOC @BernieSanders @GPARENCY @shoptemu So real wages will decline for those very same middle class that saved massive amounts from that. Not that great a savings after all

@ZamShS23 @satlas1013 @LakewoodScoop @AOC @BernieSanders @GPARENCY I hear. Not sure the other options he really had.

@satlas1013 @IraZlotowitz @LakewoodScoop @AOC @BernieSanders @GPARENCY I agree with tariffs to protect certain industries for national security purposes. There's absolutely no reason to tariff allied nations on products of subjective significance. If someone wants a Swiss made Rolex fine, why does he need to buy a U.S. made watch?

@arinohem @LakewoodScoop @AOC @BernieSanders @GPARENCY But they won’t have competition from @shoptemu since the loop was closed.

@IraZlotowitz @LakewoodScoop @AOC @BernieSanders @GPARENCY You don’t address the probable spike in near term(few years) prices that can have terrible effects mainly for the middle class. Many of those Amazon sellers you mentioned will lose a lot of business too.