Trevin Lindstrom

M&A deals and sale leaseback advisory / 07

[Trevin Lindstrom @CREsuave]

EVOLUTION OF NET LEASE UNDERWRITING

Traditional net lease underwriting prioritized:

-Corporate credit
-Market rents
-Demographics
-Lease term
-Backfill tenant potential

Pretty much the fundamentals yeah?

[Trevin Lindstrom @CREsuave]

Samuel Bankman-Free all my guys up

[The Kobeissi Letter @KobeissiLetter]

BREAKING: FTX founder Sam Bankman-Fried formally applies for a pardon from President Trump.

[Trevin Lindstrom @CREsuave]

@shentrades 8% gain is awesome dude. Are you planning on sticking to 1-2 trades per day?

[Trevin Lindstrom @CREsuave]

New PDT rule, new era😮‍💨

[Trevin Lindstrom @CREsuave]

Is it that hard to have Tesla cruise control work more than 50% of the time?

[Trevin Lindstrom @CREsuave]

@BigJohn043 Totally. And the biggest ball drops seem to just be a misunderstanding of culture. Like replacing the doorman with AI not realizing how much more a doorman does

[Trevin Lindstrom @CREsuave]

If you are doing anything with overlap of any kind feel free to holler

[email protected]

[Trevin Lindstrom @CREsuave]

EVOLUTION OF NET LEASE UNDERWRITING

Traditional net lease underwriting prioritized:

-Corporate credit
-Market rents
-Demographics
-Lease term
-Backfill tenant potential

Pretty much the fundamentals yeah?

[Trevin Lindstrom @CREsuave]

COMPETITION

These becoming high activity markets for PE is doing two things:

1. Compressing cap rates due to higher OpCo bids, tightening EBITDA & therefore RE spread
2. High prices & faster acquisition increases risk of over-levered rents. Buyer turn off

[Trevin Lindstrom @CREsuave]

@InvestSpecial @1MainCapital Is the thesis here that the multiple expands or do you just wait for earnings to catch up?

[Trevin Lindstrom @CREsuave]

@Restructuring__ Looks great on the resume though

[Trevin Lindstrom @CREsuave]

@ckwitt3 Are the platforms being acquired already profitable or are funds subsidizing them for the flow?

[Trevin Lindstrom @CREsuave]

Anybody using apps for peptides?

[Trevin Lindstrom @CREsuave]

There’s probably something like reticular activation (RAS) at play here as well.

Not groundbreaking but just interesting mechanics for newer onboards to understand

[Trevin Lindstrom @CREsuave]

Interesting how acquisition call frameworks are really just self qualification systems once you strip everything else away

You’re asking a structured set of factual questions around size, probability, etc and the “fit” emerges from their responses rather than trying to persuade

[Trevin Lindstrom @CREsuave]

Just emailed lady client “understand you are still very busty”. Not sure there’s a recovery play here

[Trevin Lindstrom @CREsuave]

@paulswaney3 Application

[Trevin Lindstrom @CREsuave]

@thetechlao You mean you've been looking at a 6 inch chart this whole time ???

[Trevin Lindstrom @CREsuave]

Still 1 for 1

[unusual_whales @unusual_whales]

BREAKING: Trump has reportedly said the Iran war is over, per Maria Bartiromo of FOX