Jake Kahn - CRE Financing

Dansker Capital Group - Commercial Real Estate Debt Broker | NYC Multifamily Property Owner

[Jake Kahn - CRE Financing @Jtkahn12]

@RandallHouseRE Mixed use. Retail only accounted for ~10% of the income while the remainder is apartments. The lender prefers multi and no retail.

[Jake Kahn - CRE Financing @Jtkahn12]

@jayfeely @stoolpresidente

[Jake Kahn - CRE Financing @Jtkahn12]

@CoachDanGo How about a stronger upper back? My traps are firing. I think it’s because my upper back muscles are weak/haven’t been activated in a very long time.

[Jake Kahn - CRE Financing @Jtkahn12]

@APompliano @stoolpresidente ride the wave!

[Jake Kahn - CRE Financing @Jtkahn12]

@stoolpresidente Are you in on OPEN?

[Jake Kahn - CRE Financing @Jtkahn12]

Just closed a net lease deal at a 1.75 spread! Hit me up to discuss. #retwit #nnn #cre

[Jake Kahn - CRE Financing @Jtkahn12]

@aussieflya Apparently $4MM spent on upgrades… what’s the asking price?

[Jake Kahn - CRE Financing @Jtkahn12]

@hubermanlab Which creatine brands do you recommend?

[Jake Kahn - CRE Financing @Jtkahn12]

@hubermanlab Which brands do you recommend?

[Jake Kahn - CRE Financing @Jtkahn12]

@GPWilmot 👎🏻

[Jake Kahn - CRE Financing @Jtkahn12]

Received a construction financing quote for a South Florida multi development at 275 over sofr, bank execution. #cre #retwit #construction #multifamily

[Jake Kahn - CRE Financing @Jtkahn12]

@c_huss Mack has struggled with debt payments and appears to be liquidating where able to. Ultimately, the property that sold for $40/sf is 100% regulated, vacant and in need of substantial capex.

[Jake Kahn - CRE Financing @Jtkahn12]

@c_huss It 5+\- years later for $357.5MM (300MM Loan) to Emerald Equity Group, who was NYCs most active buyer from 2014-19. Mack Real Estate Group would also participate as pref equity investor and later take over as the guarantor 6-12 months after the rent laws of 19’ passed (continued)

[Jake Kahn - CRE Financing @Jtkahn12]

@stoolpresidente Bring back the braveheart Pres hold gif!

[Jake Kahn - CRE Financing @Jtkahn12]

Term Sheet Issued ✅, S&P/Moody’s Investment Grade Tenant:

-6.03% Rate
-60% LTV
-5 Year Term
-30 Year Amortization
-25% Recourse
-3,2,1,1,1 Prepay
* New Construction Panera Bread W/ 15 Years of Initial Term

[Jake Kahn - CRE Financing @Jtkahn12]

@GPWilmot Hard to find another industry in which such blatant disrespect exists!

[Jake Kahn - CRE Financing @Jtkahn12]

@GPWilmot @InvestWithTom 🙋🏽‍♂️