SearchingforYield

Multi-family and student housing developer

[SearchingforYield @MF_SH_Developer]

@dmoneyisdmoney @Jandystl I think you’re in the 1% who got the joke 🤣

[SearchingforYield @MF_SH_Developer]

@sweatystartup Can confirm that people will be at the Masters next Friday.

[SearchingforYield @MF_SH_Developer]

@mikebolen @aryal1994 Lenders spent 2023 dealing with their distressed office portfolios. 2024 will be spent dealing w/multifamily.

[SearchingforYield @MF_SH_Developer]

@TheFieldOf68 @RobDauster @GoodmanHoops https://t.co/yFHUzl8iia

6 Illinois players fouling out and 56 free throws for Arizona. This one was a classic.

[SearchingforYield @MF_SH_Developer]

@OmarMora1es The way we always look at is prepaying interest, but it's been painful. We've had some "friendly" lenders agree to waive the cap if we post escrow that they draw on if there is a shortfall on a few refis.

[SearchingforYield @MF_SH_Developer]

@themattmic I'll never forget returning from a two week business trip to Australia, landing in LA to see a line of 50 people waiting for Burger King to open, most severely overweight. It's the biggest issue in our country.

[SearchingforYield @MF_SH_Developer]

@xerna_zaragoza @xsn @cashpandajesus @APompliano @floodpwr 1st world problems, as they say!

[SearchingforYield @MF_SH_Developer]

@bobbyfijan Lived in Chicago for 15+ years(many with a dog), to point #3, amazing how many people don't clean up after their dogs.

[SearchingforYield @MF_SH_Developer]

@bullsfans @TheAthletic Any moves except going over the salary cap.

[SearchingforYield @MF_SH_Developer]

@SmalllIvy @GCiams $300 on call it 10 units would equate to $50K on a sale at a 6 cap. You're losing a lot more than $1300 on each unit(assuming they all turn).

[SearchingforYield @MF_SH_Developer]

@seandsweeney Yep - woodframe habitational assets are getting crushed right now by insurance.

[SearchingforYield @MF_SH_Developer]

@HarleyMCarroll @Codie_Sanchez @pslohmann Yeah that math doesn’t really add up unless he’s managing ultra ultra luxury. But still a great story. Good PMs are super hard to find.

[SearchingforYield @MF_SH_Developer]

@BillSPACman Yes, yes I do. That's on me.

[SearchingforYield @MF_SH_Developer]

@MRossG199 Tough to pitch that one with a straight face. Sub 3 initial yield? Ok.

[SearchingforYield @MF_SH_Developer]

@mu2myoc You know what they say “you can’t eat IRR”

[SearchingforYield @MF_SH_Developer]

@SimpleCRE Absolutely. Have to suspend reality a bit to get deals done these days.