Carson Halley

Head of Business Development at Westland Investors and family man.

I do Commercial Real Estate Investing

[Carson Halley @challeyok]

@JeffMacke @OleTimeHardball 😂

[Carson Halley @challeyok]

@HawkEmDownChris When I was young it was Matt Williams. When I was in middle school it was Edgar Martinez

[Carson Halley @challeyok]

@awthentik @ADeermount @SNYGiants Love the sentiment, but they will still lose to the Eagles this year

[Carson Halley @challeyok]

@sweatystartup That’s great, but without knowing your in place and stabilized DSCR it doesn’t really tell me much.

[Carson Halley @challeyok]

As someone from the Pacific Northwest I have an irrational fear of midwestern properties. I know some people have figured it out, but operating with such strong seasonality (snow to significant heat) worries me about building systems robustness. Then layer in how your neighborhoods work (very different than our land use boundaries) and local economic dynamics.

So, without many months and probably years of study, we are going to stick to our knitting where we know how to make things work.

[Carson Halley @challeyok]

@phil_mcalister Great list. I would add keeping sufficient reserves on hand and liquid is another important component to deal with the ups and downs of real estate

[Carson Halley @challeyok]

@ajobst @dillonliam Damn. That is pretty damming on its face. I guess the idea of ethics are now passe….

[Carson Halley @challeyok]

@Cernovich @AJA_Cortes Weird to think about this. At 44 I’m further down the back 9 of my life than I would have thought I was.

Much more effort into health for longevity now as well as being in the moment with my kids.

[Carson Halley @challeyok]

@robbiehendricks Amen to this whole post

[Carson Halley @challeyok]

@BowTiedBroke Beautiful. 813 SF

[Carson Halley @challeyok]

Woof this is scary.

What this highlights to me is that his and many GPs business model is to flip deals on a short term basis. His alternative was to flip to an investment model to “save” the deal.

When you invest with a short term horizon you run the risk of getting caught. If he would have taken a long duration approach (and therefore less IRR but more MOIC/EM) he would have dealt with this with a more controlled risk profile.

It makes me wonder if people really know what business they are in and the risks of each.

[Carson Halley @challeyok]

@AJA_Cortes Well done and well said. Safetyism hurts kids development. But common sense should still govern safety!

[Carson Halley @challeyok]

We had a similar path. After mid 2021 (when we found our last quality deal until 2024), nothing made sense and fundamentals were beyond stretched and deteriorating. We now seeing capitulation and deals start to make sense. 2025 never quite presented opportunities that we liked enough to pull the trigger, but it seems like things are starting to break loose.

I don’t understand people raising for bad deals and continuing to raise. However, if they identified a lesson learned and find religion about risk controls, then maybe there is a compelling reason to work with them.

[Carson Halley @challeyok]

@RobertMSterling Wow. That is a great story

[Carson Halley @challeyok]

@drgurner Powerful quote!

[Carson Halley @challeyok]

@mamboitaliano__ 50 meters? They must have been so deep in the throws of narcosis before they passed. That is a technical and risky dive. Not a recreational dive.

[Carson Halley @challeyok]

@DudespostingWs Savage

[Carson Halley @challeyok]

@ginacarano @JackPosobiec Good for you for achieving your goal. Also, respect for being ready to make weight for thw competition!