@realEstateTrent So the gameplan is to eblast LLs for off market deals and them throw them shade on twitter if you dont like the response.
Ballsy but if it works in negging a sale, CRE twitter is going to get wild.
Cost of construction is coming down fast, with bids coming in much cheaper.
Based on conversations I have had with developers across the US and across product types in the past couple of weeks, the average amount was roughly between (-10%) to (-15%) cheaper.
Construction is seen as an early indicator of the broader economy fwiw.
The search for True North in CRE investing is the search for the answer to the following four questions:
What is the current NOI?
What is a reasonable projection of future NOI?
How much will it cost to achieve?
How long will it take?
The Definitive List of CRE Vest Collabs:
JLL x Peter Millar
CBRE x J Crew
Colliers x North Face
NAI x Columbia
Kidder Mathews x Patagonia
Newmark x Arc’teryx
C&W x Eddie Bauer
Savills x Abercrombie & Fitch
Matthews x Bonobos
Northmarq x Travis Mathew
Sperry Van Ness x Old Navy
What did I miss?
RIP ol Blue. After a decade of (ab)use, at least a million miles and a couple laps around the earth later.. @SouthwestAir got the best of you.
@AntlerLuggage I’m gonna need to chat with you about that lifetime warranty.
#BrokenLuggage#Luggage