Business Update

October has been another productive month as we move closer to the acquisition of The Legacy Apartment. Our team has been working closely with our lender and property management partners to ensure a smooth transition once we take ownership. While we extended the closing timeline by about 30 days to accommodate final lender requirements, everything remains on track, and we’re expecting to close within the next one to two weeks.

Beyond preparing for closing, I’ve continued building relationships with new investors and exploring future deals and partnerships that align with our long-term strategy.

I also had the opportunity to attend a mastermind retreat here in Dallas. It was a great weekend of collaboration and learning alongside other active investors who are doing big things in the real estate investing space. We even enjoyed some friendly competition on the pickleball courts.

Market Update

The Federal Reserve cut interest rates by 25 basis points in October, bringing the benchmark rate down to a range of 3.75%-4.00%, marking its second cut of the year. However, Fed Chair Jerome Powell emphasized that additional cuts are not guaranteed, noting that the central bank must balance persistent inflation pressures with signs of a cooling labor market. Powell described the economic outlook as “foggy,” as mixed data and ongoing government data delays make it harder to gauge momentum.

Markets had largely priced in a series of further cuts through early 2026, but Powell’s comments tempered those expectations. The decision highlights the Fed’s cautious approach - acknowledging economic softening while avoiding moves that could reignite inflation. For real estate investors, this environment reinforces the need to stay disciplined in underwriting and maintain conservative assumptions on financing costs. Read more.

Informed Investing

Stay up to date with the latest insights on passive investing, market trends, and real estate strategies. Here are a few of my recent publications from October - click any of the articles below to read more.

Conrad’s Picks: Mindset & Mastery

Great resources can spark great ideas. Here’s one to add to your toolkit:

• Grant Cardone’s The 10X Rule teaches that achieving extraordinary success requires setting goals ten times higher than you think possible and taking ten times more action than you believe necessary. The book emphasizes massive effort, relentless discipline, and an unwavering mindset as the keys to outperforming average results in any area of life or business.

Real Estate Networking Event | 11.06.2025 | Frisco, TX

I’m teaming up with Greystone Capital Group again to host our next in-person networking event. We’re expecting another strong turnout, so RSVP today. More details can be found here.

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To your success,

Conrad Boyd
Founder & Operator
Cornerstone Commercial Investment Group
E: [email protected] 
C: 615.686.8987