Dylan Marma

Vertically Integrated Real Estate GP. Operating 3,000+ units of mobile home, RV, and apartment communities #ccim

[Dylan Marma @DylanMarma]

If you stay at the table long enough, you’ll eventually be dealt a pair of aces.

[Dylan Marma @DylanMarma]

@TimelessArie Agreed - a hard reality to come to terms with

[Dylan Marma @DylanMarma]

Portfolio Yield on Cost: 8.6%
Total Cost: $136.1M (all-in debt + equity)
T12 NOI: $11.6M
Portfolio DSCR: 2.24

Measuring our yield on cost is our guiding North Star, as it indicates the yield generated to service debt, produce cash flow, and create long-term value for our investor partners.

A year ago, we were at 8.5%. Since then, we’ve sold one of our high-performing assets and acquired a few value-add opportunities. Considering how that initially impacted our YoC, we’re pleased with where we stand today and proud of the progress we’ve made at the portfolio level.

[Dylan Marma @DylanMarma]

@realEstateTrent True for most of RE 🎯

[Dylan Marma @DylanMarma]

@fortworthchris Great to hear, happy for you all!!

[Dylan Marma @DylanMarma]

@ChandlerReedSMB Great group, hope to connect again soon!

[Dylan Marma @DylanMarma]

@aryal1994 Great asset, wrong capital stack

[Dylan Marma @DylanMarma]

@BrianHollenden Thanks, not a competition. With broad stroke assumptions, I’d say probably 100-125 pt spread on avg for todays market cap weighted for location/asset class, ~+275 spread over our current debt and a healthy amount of upside to realize before it comes time to refi

[Dylan Marma @DylanMarma]

Q2 Portfolio Yield on Cost: 8.5%

Total Cost: $117.4M (all-in debt + equity)
T12 NOI: $10M

This metric is our guiding North Star, as it indicates the yield generated to service debt, produce cash flow, and create long-term value for our investor parters.

[Dylan Marma @DylanMarma]

@NickDileone Appreciate it man!

[Dylan Marma @DylanMarma]

@loganjrankin Inspiring to hear where you are today and what a difference a few years can make. We are working hard daily on our systems and building our leadership team so it's refreshing to hear the story of breaking through to the other side.

[Dylan Marma @DylanMarma]

@torysheffer I've heard that title co's are the greatest business from many people. Let me know when the next raise is 😆

[Dylan Marma @DylanMarma]

@loganjrankin 🎯🎯🎯

[Dylan Marma @DylanMarma]

@KyleLGrimm Thanks!! 100%

[Dylan Marma @DylanMarma]

301 sites added in Pigeon Forge. This brings us to 1,000 sites in Tennessee. Excited about this project and our increased presence in the smokies. Grateful for our investors, team members, and vendors who make this possible.

[Dylan Marma @DylanMarma]

@FortifyCG Thanks man!

[Dylan Marma @DylanMarma]

@Antoine0364601 Thanks Antoine!

[Dylan Marma @DylanMarma]

@michaelwatson2 Thanks Michael!

[Dylan Marma @DylanMarma]

@mhprvpmvp Haha boring I know, thanks man!

[Dylan Marma @DylanMarma]

@GlennYaney 🤣

[Dylan Marma @DylanMarma]

@ryan_voccia Thanks Ryan!