AnonREGuy

[AnonREGuy @awfullyawaRE]

Scale isn’t the only consideration. The securitization model introduces contagion risk from cross collateralization. More complex and more overhead. More difficult to access that market as well.

An organic growth business of note on note could be perfectly nice for them.

Have to admire the hustle and resilience!

[AnonREGuy @awfullyawaRE]

@opinioncasino That’s irrelevant to my point. Just because CRE, during the period he started his business, has underperformed one of the greatest market rallies ever, doesn’t mean it won’t mean revert in the future. And the exact opposite trade could be better the next 5 years.

[AnonREGuy @awfullyawaRE]

You absolutely are cherry picking to make it seem like private CRE investments have no place in a diversified investors portfolio. There are different cycles, and right now we are in a record divergence the last few years you chose. Might actually be a great time to top up on CRE.

[AnonREGuy @awfullyawaRE]

@KobeissiLetter Ah more complexity, just lower the rate or get rid of it all together! It’s all unconstitutional.

[AnonREGuy @awfullyawaRE]

@resetbasis Eh mortgages get larger when cap rates go low. Yawn.

[AnonREGuy @awfullyawaRE]

@resetbasis Phoenix and Austin were the quickest to fall but appear to have bottomed and starting to recover. Charlotte is a year or two away.

[AnonREGuy @awfullyawaRE]

@r8limit @adamstatonsmith What’s your point. Cool story?

[AnonREGuy @awfullyawaRE]

Yeah, but it’s submarket specific. Value-Add can work great in lots of submarkets, particularly supply constrained stuff with aging stock. But people just apply the same business plan uniformly. Usually cycle drives the business plan as opposed to the individual deals. That’s the mistake.

Also do the bare minimum for the first 6 months. Test a little bit. Then spend real money in year 2. Too many times ppl waste money in month 1 that you wish you had for real problems (or opportunities)discovered in month 9.

[AnonREGuy @awfullyawaRE]

@JakehellerAI Nobody needs to buy software anymore, and everyone thinks they can sell it. It’s early days yet!