Lil' Richard

[Lil' Richard @NextCREBrokerUp]

@BowTiedSalesGuy gm

how does BSTG spend his Saturdays

[Lil' Richard @NextCREBrokerUp]

@jefffeldman Someone make it make sense!

[Lil' Richard @NextCREBrokerUp]

@GoodGuyGuaranty the 16 year old in me is in love

The present me not so much

[Lil' Richard @NextCREBrokerUp]

For those who have been asking: mixed-use development site (retail + resi)

[Lil' Richard @NextCREBrokerUp]

Can anyone connect me with either an attorney or non-NYC broker (don't think they would be too keen to help their competition) that is well versed in Note Sales?

[Lil' Richard @NextCREBrokerUp]

Am getting hired on a $40M note sale and I have no idea what this process looks like

And, yes, I did tell the client this but they insisted due to our existing relationship

[Lil' Richard @NextCREBrokerUp]

@REExchangor @jefffeldman @GoodGuyGuaranty @TheRealEstateG6 @BreakingCRE I’ll be reaching out! Thanks, Jason

[Lil' Richard @NextCREBrokerUp]

@SeanODowd15 *simple, not easy

[Lil' Richard @NextCREBrokerUp]

@BowTiedSalesGuy "If you want to work here, CLOSE."

[Lil' Richard @NextCREBrokerUp]

@hitsamty @CREDebtFund If using leverage, been seeing:
5% in Manhattan south of 96
Closer to 5.5% in prime Brooklyn

With that said, the fed is meeting as we speak and we are expecting another rate hike on the other side

[Lil' Richard @NextCREBrokerUp]

Working on a deal with a non-anonymous REtwitter

I definitely don't count as REtwit yet though so nothing to even mention to him!

[Lil' Richard @NextCREBrokerUp]

@realEstateTrent Bay Head, NJ

[Lil' Richard @NextCREBrokerUp]

@moseskagan @aseidman 25 years old. My biggest motivator is Im terrified of worrying about my finances when I’m married with kids. I refuse to let that happen.

Thankfully on the road to independence!

[Lil' Richard @NextCREBrokerUp]

@MultifamMason 1000%

You’ve been killing it, Mason! Have enjoyed following along

[Lil' Richard @NextCREBrokerUp]

@MultifamMason Feel like this wording came off harsh, I’m very sorry about!

[Lil' Richard @NextCREBrokerUp]

@MultifamMason Assuming you’re representing the seller: your responsibility is the seller. We obviously are respectful of and work with buyers but you want to get as many buyers involved as possible and either get a bidding war going or just go with highest bid *assuming they’re real and vetted

[Lil' Richard @NextCREBrokerUp]

@CaseyMericle 🗣 Well and Fast

Will pay for itself when the apartments up and running faster and the rents even higher!

Not to mention longer period of time until you need a contractor again

[Lil' Richard @NextCREBrokerUp]

@bytestoatoms The same condo won’t be selling every year so you just need to try to get a read of building and neighborhood and determine what the right PPSF is for the condo you’re looking at

[Lil' Richard @NextCREBrokerUp]

1330 Avenue of the Americas, Midtown Manhattan

Sale Price:
2006: $498 million
2010: $400 million
202: $325 million

Property values don't always go up, folks!

[Lil' Richard @NextCREBrokerUp]

@bytestoatoms Off top of head:
If unit needed renovations or not
If it had a great view vs other units in building
If price is a huge outlier for building just ignore