From the desk:
LP position, 216 units, 2015 vintage, suburban submarket with a lot of new delivery. Sponsor's management arm operates it, which was disclosed and which I accepted going in. Fee i…
From the desk:
Family entity ended up holding a 72-unit garden property attached to a parcel we've been sitting on for years. I know land. I do not know this, and I'm the one reading the agreeme…
From the desk:
I've been planning my first purchase for about two years and I'm now under contract on a 12-unit, 1978 brick, two-story walkup in a stable working class submarket. Rents average $…
From the desk:
We run 410 units across three properties for two owners, fee is 3.5% of collected revenue plus a turn coordination fee. Owner on the bigger asset has been on me about controllable…
From the desk:
I put money into a 180-unit deal as a passive investor and the first real operating report landed. Twelve pages. I read paperwork for a living on the acquisition side but I've nev…
From the desk:
Owner of a 96-unit walkup asked me to quote all their turns for a year. I've done renovations for six years, mostly single houses and small flips, so the work itself doesn't worry…