gregory konstantine

market maker | $1-20M

[gregory konstantine @debtanimal]

Multimillion-dollar assets with P&Ls scribbled in chicken scratch on the back of a shoebox

[gregory konstantine @debtanimal]

145 bps over on some multi in the southwest. shaking some hands

[gregory konstantine @debtanimal]

all bank deals this month. some point in the journey guaranteed to be checked out. feels seasonal, like summer. window to calibrate, do numbers

*$789k - healthcare, IN
*$1.46M - healthcare, MN
*$1.80M - multi, CA
*$2.32M - multi, CA
*$2.70M - GUC multi, CA

[gregory konstantine @debtanimal]

lender pool huge this year, saturated. win knowing who needs what/when/why. deal hits the desk its "ya I know the guy." april, lots of perm:

*$3.7M - gas station, TX
*$5.8M - industrial, IA
*$1M - retail, AL
*$1.1M - retail, SC
*$2.1M - retail, CA
*$347k - healthcare, OH

[gregory konstantine @debtanimal]

@realEstateTrent have worked alongside brandon. expert

[gregory konstantine @debtanimal]

nothing then all at once

[gregory konstantine @debtanimal]

theatrics to stay stuck. time running out to get what you want out of life

[MrE @MrE_mssg]

You may have work ethic, but do u have the courage to work on the right thing?

[gregory konstantine @debtanimal]

missed some bills

https://t.co/KC9Q7RP6sQ

[gregory konstantine @debtanimal]

trip a carve-out, its recourse anyways

[Ken Ashley @kenashley]

Will you do a commercial real estate deal where you have to personally guarantee debt?

I know this is situational (how big are your net assets compared to the PG, etc).

I have a PG on one deal and when I exit, I plan to never do it again.

[gregory konstantine @debtanimal]

fee is booked when the ball is out of your court

[gregory konstantine @debtanimal]

@Jefffeldman welcome

[gregory konstantine @debtanimal]

@sagharborcap rotating a few pairs of 1953s. running up miles

[gregory konstantine @debtanimal]

@Jefffeldman credit unions

[gregory konstantine @debtanimal]

watching yields tick up + the doom/gloom commentary that comes w/ it. catcher's mitt mentality bigger killer than market conditions. waiting for deals/calls/right conditions to strike relationships & create motion. less worried about 15 bps, more worried about waiting to be one of the greats

[gregory konstantine @debtanimal]

$2.1M cash-out refi
75% LTV
5.85%
5/25
no prepay

gap between pros knowing what to look for & day 1’s/dinosaurs will be miles apart

[gregory konstantine @debtanimal]

not looking at prop tech/AI to replace the human ability to sell risk/tell the story element of dealmaking but enhance database/program knowledge.

flagged a CU newly approved for federal charter, expanding lending footprint. kept on radar and struck deal this week in PA:

[gregory konstantine @debtanimal]

deals happen in any rate environment. drummed up biz in 3% & 6% climates, but the game is about options. having 5-6 groups bidding on deals out to market feels healthy. choice = leverage to drive better rates/terms. swung away from participation trophy to groups competing to win

[gregory konstantine @debtanimal]

@LA_Multi_Fam higher LTC?

300 over 1 month sofr felt good. just wrapped a 24 month floater IO no prepay. bank. pencils to 6.70% today. recourse. 62% LTC

prime 75 bps higher a year ago, time flies

[gregory konstantine @debtanimal]

tru in a few lanes. specialists like can’t be jack-of-all trades!!

have mastered debt financing on every cre asset type from perm to ground-up. the broad & deep T scale knowledge is rewarding & an edge. u clear the specialist who never left the cave & 3x their lender network

[gregory konstantine @debtanimal]

@oneinvestorguy min. size? what markets?

[gregory konstantine @debtanimal]

$17M over 7 deals this month. some big repeat sponsors.

w/ experience comes ability to contain excitement

same guys who melt down when losing end up equally flamboyant when luck hands them a win. don't last, swept off the summit.

gravity