Max Sharkansky

Managing Partner and cofounder of Trion Properties. Keeping it real estate.

[Max Sharkansky @maxsharkansky]

@FarroYossi @EinhornGabe @EinhornGabe DM me.

[Max Sharkansky @maxsharkansky]

Rick Brunson is the true MVP(arent)

[Max Sharkansky @maxsharkansky]

@FARlikewhoa That’s the way to do it. You (almost) cant miss.

[Max Sharkansky @maxsharkansky]

@FARlikewhoa 20% CoC*

[Max Sharkansky @maxsharkansky]

I know an investor who bought an office building in downtown Denver for $50/foot for 1MM square feet and $7.5MM in NOI. That’s a 15% cap.

If you use 50% leverage with a 10% coupon you’re cash flowing at $5MM annually on $25MM of equity. 25% CoC!

That feels so much better than an adaptive reuse execution.

[Max Sharkansky @maxsharkansky]

@JakehellerAI Please send a link. I’d love to join.

[Max Sharkansky @maxsharkansky]

@JakehellerAI Will you be releasing a recording?

[Max Sharkansky @maxsharkansky]

@EllliotttB 1) They can sell to other in the market who aren’t leaving, but
2) This doesn’t break out new deliveries, so can be misleading.

[Max Sharkansky @maxsharkansky]

@Jefffeldman Vintage agnostic?

[Max Sharkansky @maxsharkansky]

🎻

[Jonah Goldberg @JonahDispatch]

Mamdani endorses fellow Democratic socialist who stands up to corporate power and is married to a managing director of Allen & Co.

https://t.co/FTkEs6ZerG

[Max Sharkansky @maxsharkansky]

@Jefffeldman My 9-year old has been suffering dearly for his Seder binges.

[Max Sharkansky @maxsharkansky]

I may have just inadvertently run the most Jewish search in the short history of AI searches.

Happy Passover!

[Max Sharkansky @maxsharkansky]

This is exactly right, not just for great neighborhoods, but for affordable ones too.

For example, Houston consistently ranks among the top five MSAs for in-migration, yet its rent growth remains below CPI.

The reason is simple: with no zoning constraints, developers can build enough housing to meet demand, and often exceed it.

[tobi lutke @tobi]

@ZoeCoombes all great neighborhoods on planet earth got built before zoning laws got invented.

[Max Sharkansky @maxsharkansky]

@moseskagan Add a tie breaker to the OA.

[Max Sharkansky @maxsharkansky]

@fortworthchris Connect it to your file storage and ask it to find a file that’s several folders deep and you’re not quite sure where and which version. Game changer. “Find me the org chart for 123 Main St”

Last night I was coding an agent to book flights and hotels. It’s endless.

[Triple Net Investor @TripleNetInvest]

Barry Sternlicht gives an insightful view about the challenges of real estate right now - and how to still make a lot of money in the current environment

Here's what he said:

"I think people, as they always do, tend to look in the rear view mirror and they look at a suboptimal performance of the real estate asset class across the last 3-4 years.

Nvidia goes up a trillion dollars in four months. Like the hot kids on the block are everything AI, everything chatbot, etc...

There are meme stocks that go from zero to $7 a share on a tweet.

Crypto - there's worthless coins with $20+ billion dollar market caps. There's a coin called Useless. It's [literally] useless. It debuted in March 2025 and it went to a $700 million value. And the coin says "we are completely useless"

In real estate people get rich but it's boring. You get rich holding on to it over long periods of time. It's not a day trading asset. The country right now is very impatient. So people want to play the hot thing.

Real estate looks sort of sad in your portfolio right now. The only thing it beats is treasuries. And even then, it's not even beaten that.

But you'll do well picking properties in the right cities... Everything is micro in real estate.

For example, I built a building in South Beach.

The first lease was $54. It's on the beach, and nobody built a new office building in 20+ years.

We leased it up in the pandemic. It's 100% leased. A tenant actually needs to grow, and they called us last week. They're paying $125 and we'll re-lease it at $175.

I mean, you can still make a lot of money if you get the micro market right."

[Max Sharkansky @maxsharkansky]

@JakehellerAI Will you be recording it?

[Max Sharkansky @maxsharkansky]

@EllliotttB @khzny Door*

[Max Sharkansky @maxsharkansky]

@EllliotttB @khzny $500/dor for R&M on a bricker in Koreatown