Thrilled to see the completion of this standalone Chipotle and TD Bank/Heartland Dental development in the Raleigh suburb of Clayton, NC.
HeliosCapital, along with being a principal in this development deal, also secured the construction financing and equity placement.
HeliosCapital arranged construction financing for the development of a freestanding Chipotle w/drive-thru and a 2-tenant TD Bank - Heartland Dental in Clayton (Raleigh), NC. HeliosCapital specializes in loans $2-$20mm.
#CRE#NNN#netlease#triplenet#Retail#STNL#thebrokerlist
@FranchiseMnA Great post and a good lesson learned in the process. You just never know where it’s going to lead. Best part is it sounds like you gained a really good friend in the process.
@brianbeers Any specific industry or franchise to look into if you’re looking for “quasi” passive income whereby the wife can oversee the business on a part time basis?
@GuyDealership Haha. Yep.
My dad was dealer - when I was younger I worked for him briefly and he would have me bid on our cars up to a certain price point. When he would touch his ear or scratch his head then I would stop bidding. I was the “coke machine”.
@Codie_Sanchez Very interesting; I’m intrigued how you applied these concepts to this business model. Tried buying a laundromat several years ago. Missed out on it and regret it. I think I over analyzed the business, asked too many questions in my diligence and took too long to make a decision
@seanpatward Curious…. If you say you didn’t know anything about real estate but made 10,000+ cold calls ….what was your pitch? If you don’t have the right pitch nobody is going to listen or buy anything from you. Seems like a waste of your time during those early years.