one click, then see the split
Read through the Nareit framing that the gap between REIT valuations and broader equities is as wide as it's been outside the financial crisis and the early pandemic, plus a REIT…
Six months in, still no deal of my own, and the money has been sitting. An operator I've been following around (20 to 40 unit value-add, secondary markets, does three or four a ye…
I have a script draft and I keep rewriting the same line. Option one, I say up front that I'm an investor, I buy at a discount, and I may resell or pass the contract to another bu…
I've got a gain coming from a value-add sale and the ten-year hold is the part I can't get comfortable with, more than the zone maps or the reporting changes. The program pays you…
Say a note is written for 68k on a small parcel with 14k down, leaving a 54k note at 8% over 15 years with a balloon at year five. Most of what gets discussed about seller financi…
Take a performing first where taxes and insurance are not escrowed. Borrower pays the county and the carrier direct, has for six years, no lapse on record. Balance 74k, rate 9.25%…
I have a contract at 104k with an end buyer at 131k and my title company wants to know whether the seller has been told there's a second settlement happening an hour after hers. N…
Scope is a repositioning study on a 60,000 square foot older office building in a secondary downtown, owner wants to know whether to convert, sell, or sit for three years. Six to…
The two numbers everyone repeats are the oldest boomers turning 80 in 2026 and senior housing inventory growth running around 1 percent in 2025, the lowest since NIC started track…
I've been looking at land and holding patterns for a while and I want something that pays while I wait. Retail keeps coming up, and the two shapes I can actually afford look compl…
A sizing exercise worth running from four directions, since it tends to produce four different answers. Take a suburban office-to-flex conversion, stabilized, in-place NOI $2.35m.…
A land and entitlement specialist stepping into a GP role on a small multifamily raise, with a third party property manager handling day to day operations, raises a real question…
Something in the current setup doesn't hold together for me and I want to argue it out with people who are actually running dispo. The share-of-spread arrangement made sense when…
The pitch for vouchers is that the government portion arrives regardless of what happens to the tenant's job, and that downside protection is worth accepting a rent cap. The first…
For owners moving units to furnished 30 day minimums, the question of where mid-term tenants actually come from tends to get two very different answers from experienced operators.…
The dead zone worry that keeps coming up is that investors sit on their hands through 2026 because the enhanced benefits attach to the new zones starting January 2027. Advocates h…
For someone learning how mortgage REIT income behaves before committing meaningful capital, the reinvest or cash decision on dividends is a real one, not a formality. The case for…
This one is worth answering plainly, because it comes up every time someone buys into a 60 unit building. On-site staffing means people whose job is that one property and who are…
Take an investor memo that puts a base case and a downside case side by side on the same page: a base case of a 16.4 net IRR to LP with 2 percent rent growth and 25 basis points o…
Since offers of compensation came off the MLS, the information didn't disappear, it moved. Listing agents post it on brokerage sites, some MLSs run a separate non-public field, an…
One for every strategy in the guide. Each has its own discussion, live deals, outcomes and polls.
