All 132 real estate strategies.Every room answered.
Start with a RE category
Next, pick a strategy
Then pick the type of post
every post in the capital rooms
Still no deal of my own. But this worked, so here it is. Last winter I started tracking published street rates weekly across 40 facilities in three submarkets, unit by unit for th…
I've been reading two fund decks side by side and they describe the same asset class in ways that barely overlap. One says the money comes from the rent. Facilities collect monthl…
First deal after a very long analysis stage, and the thing that broke was the one I'd modeled most confidently. 104-key extended stay, secondary market, bought at $9.5M with a $2.…
I spread 12k across six equity deals on one platform over about eight months, 2k each. Different states, different property types, two small multifamily, one self storage, one ind…
Working through the documents for a small loan the IRA would fund and I've stalled on the first line. The borrower's attorney drafted it with me as payee, personally, because that…
Started this in 2022 with 87k of Roth money after a year of reading and getting most of it wrong out loud in threads here. Book as it stands: six notes, all seconds behind institu…
I have 25k earmarked for a first real estate position and a spreadsheet with nine tickers across industrial, data centers, residential and net lease. Columns for yield, price to F…
I have a target allocation of about 12% to listed real estate and roughly $400k to move into it. My default is a slow build, equal tranches over eight quarters, because I do not t…
First time I've been asked to write JV equity and the argument is stuck on one line. The operator wants a 1.5% asset management fee on invested equity, paid monthly out of operati…
19 positions, four platforms, first commitment in 2019, last in 2024. Average check just under 5k, about 96k deployed total. Ten equity, nine debt. I tracked it the way I track ev…
Reading a fund deck for a storage portfolio and there's a revenue line called tenant protection plan income at just under 8 percent of total revenue. There's a footnote saying it'…
I own six acres on a state highway just outside a town of about 19,000. Bought it three years ago to hold. Zoned commercial, water and power at the road, sewer is not, there's a s…
I've got $400k earmarked for LP equity over the next 24 months and I'm stuck on position size. Four sponsors have cleared my diligence so far. Two multifamily value-add in the sou…
I've been reading a subscription package for a multifamily deal and the distribution section says the LPs get an 8 percent preferred return, non-compounding and non-cumulative, th…
I've been building a list of small multifamily for about eight months. 40 buildings, all 4 to 12 units, all in one metro, and I have offers written on none of them because everyth…
I've been doing single-asset syndications, four investors to twelve investors, new PPM every time, and the legal bill each round is starting to feel stupid. Someone at a meetup to…
Closing this one out after four years so I might as well write down what it actually cost. I came in as an LP for $200k out of a $6.4M LP raise, so 3.1%, on the conversion of an o…
I wanted income without a second job, and preferred equity in a conversion looked like the version of this room I could actually own. 11 percent current, 4 percent accrued, one as…
I've been reading through a few conversion funds and one of the decks has a project described as adaptive reuse where, as far as I can tell from the floor plan, the building stays…
Trying to get $6M into certificates over roughly 18 months across three states. Two problems are eating the model and I can't tell which one is the real one. First, cash drag. The…