*Important update re ReSeed*; hoping you will help spread the word:
ReSeed, which partners & I started several years ago to seed emerging real estate operators & provide them w long-term capital for deals, is soliciting applications for our 3rd cohort of operators.
Over the past ~2 yrs, we have invested in 13 operating partners & deployed >$100MM of equity. We have another ~$100MM of dry powder, plus ambitions to raise a *lot* more.
If you (or, you & a partner) have:
- The desire to start or grow your multifamily or industrial GP business
- 5-15 yrs in RE investing, debt brokerage, asset or property management
- A track record of executing multiple transactions independently or in a primary role
- Extensive underwriting experience and strong proficiency at Excel
- A fiduciary mindset, &
- Ability to source $5-20MM multifamily or industrial deals in 1-3 markets (ideally, where you live &/or to which you can easily drive)
…you should register your interest via the link below & we'll send you the application.
Applications are due mid-January, but we will be reviewing on a rolling basis between now and then. So, sooner is better than later.
Happy to answer questions.
Would appreciate likes / comments / re-posts to help spread the word.
Here’s the link: https://t.co/Fwiah6fQlG
*ATTENTION Stanford Alumni that live in San Francisco*
Stanford Football Alumni United (@SFAU_) has developed a program (we're calling it "The Cardinal Express") to bus Alumni from San Francisco to all @StanfordFball home games this season.
With the purchase of a bus ticket you get:
-A seat on a fancy charter bus to/from the game
-Pick-up and Drop off in SF
-Lower-bowl ticket to the game
Our first home game is this Saturday vs Boston College. The bus is departing from Bus Stop Saloon in the Marina at 4pm and will return everyone back to SF after the game.
Get your tickets now using the link below and support our Stanford Football players! You can also hit up @tsinclair_@CjKeller68 with any questions.
Go Stanford!
https://t.co/P6wcDGgMq3
RIAs & Family Offices:
Interested in learning more about ReSeed's progress building the "Y-Combinator for Real Estate Operators" (not affiliated with YC!)?
We intend to invite a small number of tax-paying investors capable of writing 7-figure checks to join us for a day during Launch Week for our second cohort of operators, in October.
There, we will:
- discuss our strategy & progress
- introduce you to our anchor investors
- introduce you to some of our operators
Want to discuss attending? Pls DM.
🚀 Today, ReSeed is opening applications for our second cohort of operating partners.
Our Fall 2024 cohort is open to ambitious, mid-career multifamily operating partners looking to launch/accelerate their businesses.
ReSeed provides long duration capital, operating support, and a structured network of peers and industry mentors.
📣 Last year, we launched our first cohort of 8 operating partner businesses. Since then, we have:
→ Raised significant capital to seed cohort operating businesses and fund acquisitions
→ Grown our list of interested investors to 1,400+, in addition to the capital above
→ Productive 2024 - Closed 3 transactions (Jan., May, June) all cash with another expected to close in July
→ Developed and refined our infrastructure to support institutional-quality diligence, fundraising, reporting, and asset management at scale
🔗 If you’re interested in applying or know someone who would be a great fit, please use the link to learn more and apply. Applications are due Tuesday, July 9.
Just sent the 1st @reseedpartners deal to a portion of our investor list (not sending to all, bc it's a small raise & we don't want to disappoint people).
If you would like to see future deals, pls join the mailing list at the link below & complete the survey we send you.
One of our goals @reseedpartners is to put some under-represented real estate GPs in business.
If you're interested in getting to know the first ones we've selected, with an eye towards potentially capitalizing their initial deals, would you please shoot me a DM?
Our strategy @ReSeedPartners:
Picking buildings boasting features humans have always loved: Natural light, high ceilings, outdoor spaces, views, traditional materials, & so on.
We're looking for "lindy".
Interested in partnering w us? Go to reseedpartners dot com / investors
Applications for ReSeed Partner Track Summer ‘23 are now open!
We believe many talented individuals aren’t finding their way into real estate entrepreneurship. We’ve developed Partner Track to shift the odds of success and accelerate the path to scale for real estate operating partners. ReSeed Partner Track provides operators hands-on training and mentorship, as well as capital to fund their deals.
Applications close on April 26. Learn more and apply at our website.
Want to specifically extend an invitation to apply to @ReSeedPartners to people who don’t look like me & the other folks who typically end up running commercial real estate businesses.
We’re 100% convinced there’s a *ton* of untapped talent out there.
Very excited @reseedrhett and I get the chance to sit down with my friend @fortworthchris & explain exactly what it is we’re doing w @ReSeedPartners.
If you have ?s, reply to Chris’ post & we’ll try to answer.
Started a new biz & hope you can help spread the word:
You all know I love RE deals & teaching. Have tried to combine my passions in different ways over the yrs, including on this feed.
The new biz, @reseedpartners, is by far my most ambitious try:
A strong group of co-founders & I are building what is effectively Y Combinator for real estate operators. (Not affiliated w YC, to be clear!)
Heard enough? **Go over to @reseedpartners, click the website link in the bio & add your email to the relevant list.**
More info:
We will: select cohorts of high-potential people, train them to hunt deals, provide them w $ to live, support them as they hunt, then provide GP co-invest $$ & LP $$$ to take deals down.
Over time, we will:
- help our operators build large, independent real estate businesses, &
- help our own investors build diversified portfolios of high-quality real estate in good markets, structured tax-efficiently, leveraged conservatively, & intended for long-term compounding
**If you are interested in partnering with us as an operator and/or as an investor, please go over to @reseedpartners, click the website link in the bio & add your email to the relevant list.**
In coming days, I’ll share much more about how @reseedpartners got started, who’s working on it, how it’s structured, & where it’s going.
Would sincerely appreciate likes / RTs on this post for reach. Thank you all so much.
I am FIRED UP to share that I’ve been promoted to Executive Managing Director and will be leading the new Salt Lake City office for T3 Advisors, A @Savills Company.
https://t.co/C4shNO7scb
We're hiring @SavillsNA on our T3 Strategy team. It's an amazing team with exceptional impact on our clients. Folks coming from finance, consulting or HR backgrounds are perfect! Come check us out;
Bay Area peeps https://t.co/YGXIxYWVeJ
I feel incredibly grateful to have helped lead our team to this inflection point and can't wait to see what the future holds for T3, our new teammates and most importantly...our clients! 🙏🏼 https://t.co/cdO7syIgEm
Almost ten years ago to the day, we came west to launch T3 in CA. Today, we announce and even bigger event, we're joining forces with @Savills to create the most elite global platform for Tech and Life Sciences companies in the world.
All things real estate, workplace and strategy will continue to be our hyper-focus. We will continue to serve our thousands of clients that have believed in us since day one - only now, bigger & better than ever!