Andy Jonsson - NorCal CRE

Cofounder - ROME Real Estate Group (@romeREgroup) | Commercial Real Estate Broker and Investor | Family First

[Andy Jonsson - NorCal CRE @jajonsso]

An intro to my company: @romeregroup
@Cha5eBurke and I worked in house brokerage for one of the largest commercial landlords in NorCal and completed >$120M in transaction volume with >650 transactions
April 2021 we started our own brokerage with listings totaling >1.4M sq ft

[Gavin Baker @GavinSBaker]

A series of fairly wild thoughts from Dwarkesh. I thought I was bullish but even I am not assuming that the price to rent compute continues to go up!

I will say that I am in SV this week and Dwarkesh is capturing the zeitgeist.

Net, net public markets would probably be trading differently if they saw the OpenAI, Anthropic, Grok/Cursor and Open Source numbers over the last 6 weeks.

And really good for anyone who has installed compute coming off contract and/or is bringing on compute that is not already contracted. And credit slowing down capacity adds - if it happens - only exacerbates all of this.

[Andy Jonsson - NorCal CRE @jajonsso]

@TopherNOW Lease gpt

[The Kobeissi Letter @KobeissiLetter]

The S&P 500 just posted its best weekly streak in 35 years.

The index has increased in 23 of the last 30 weeks, a joint record since 1989, according to Deutsche Bank.

Should the S&P 500 close up this week, it would mark the 24th weekly gain out of 31 previous weeks, a performance last seen in 1963.

During this period, the index has rallied by 25% and added ~$12 trillion in market cap.

This is one of the strongest markets of all time.

[Andy Jonsson - NorCal CRE @jajonsso]

@LPInvestor This is a great perspective thanks for articulating this so well.

[Ram Ahluwalia CFA, Lumida @ramahluwalia]

WOYM: A Macro & Markets update. Buying the Dip? https://t.co/gkLe7GKuay

[Andy Jonsson - NorCal CRE @jajonsso]

@collin_ruth89 SOP

[Andy Jonsson - NorCal CRE @jajonsso]

@JTMartingCRE Please send

[Andy Jonsson - NorCal CRE @jajonsso]

@DavidYYoung @BobKnakal @JLL Wow love this take. As an owner of a boutique CRE brokerage this hits home

[Andy Jonsson - NorCal CRE @jajonsso]

@tyromper 🙏🏼🙏🏼🙏🏼

[Andy Jonsson - NorCal CRE @jajonsso]

@KeeganMulcahyRE It was my first time at San Diego ICSC this year and now I see what we have been missing, will definitely be back every year!

[Andy Jonsson - NorCal CRE @jajonsso]

@shawngorham A message a lot of younger folks need to hear right now. Thanks Shawn!

[Andy Jonsson - NorCal CRE @jajonsso]

Excellent thread. Some additional thoughts:

1) Responsiveness is key. In retail, commercial brokers are infamous for not returning sign calls. We try to return all calls within 24 hours max
2) boutique brokerages can service small to mid-size listings ($1M-$2M) and local/regional clients sometimes better than a big name brokerage due to big name brokerages servicing a lot of institutional and larger type clients (who logically are their main priority)
3) boutique brokerages can justify more marketing expense to boost our listings because we don’t have a large team to split the fees with. A lot of the larger shops aren’t paying for loopnet anymore but boutique brokers can justify it on some listings other big name brokers can’t

[Clarence Wong, CCIM @ClarenceWongCRE]

If you work for a boutique brokerage shop, how do you position yourself to compete & have a shot against the bigger shops?

Let’s take a deeper dive on this.

Thread continues. 🧵

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[Andy Jonsson - NorCal CRE @jajonsso]

@creromans You would probably appreciate our brokerage name.. @romeregroup

[Andy Jonsson - NorCal CRE @jajonsso]

@romeregroup Nice work @Cha5eBurke !!

[Andy Jonsson - NorCal CRE @jajonsso]

@CRETaskWizard @vianstarlv @RealMrTIP @rangerrobbins @MendySchech @KhattaB66202069 @JeffSwearingen8 🙋‍♂️

[Andy Jonsson - NorCal CRE @jajonsso]

@GellnerDavid Retail broker here: I had 2 conversations today with multi family investors looking at retail for the first time. I think you are spot on

[Andy Jonsson - NorCal CRE @jajonsso]

@gnarlenlee Looking forward to tracking your progress!