Multifamily Value

15 years in CMBS trenches as trustee and servicer. Now portfolio manager for commercial properties keeping owners and lenders cash flowing

[Multifamily Value @MFValue]

@GardinerIsland Crazy flooding in Balboa this morning. Warm El Niño water is causing tides to be a foot higher than the tide tables predicted.

I'd freak out having to drive through all the salt water.

[Multifamily Value @MFValue]

@GardinerIsland I was reading about that recently. Also, the canal operator charges a premium for ships that want to reserve a definite transit day/time. That new charge is due to drought. It’s capitalism at work. You want to go quickly, get your wallet out!

[Multifamily Value @MFValue]

@GardinerIsland Biopsy and Mohs surgery were performed for skin cancer on my back, likely due to years of beach exposure. I was lucky if I used Sea & Ski once during the summer

[Multifamily Value @MFValue]

@quinnjmiller Congratulations, Quinn, from girl dad x 3

[Multifamily Value @MFValue]

@GardinerIsland Nice dive bar

[Multifamily Value @MFValue]

@CernBasher The X Stream Edition

[Multifamily Value @MFValue]

@GardinerIsland @stkbullgod

https://t.co/4JUOEyh74I

[Multifamily Value @MFValue]

@marquisletigre @LongTplexTrader Great choice

[Multifamily Value @MFValue]

@GardinerIsland @nypost @GavinNewsom Don't get me started. Our oldest excelled in HS and crushed the ACT. I made her apply to all UC’s, thinking we’d have our pick and in-state tuition… wrong; the UC’s said no thanks. She received scholarships from out-of-state schools and never looked back

[Multifamily Value @MFValue]

@GardinerIsland Phew, I just missed the cut!

[Multifamily Value @MFValue]

@GardinerIsland The forecast is for a large El Niño effect this winter, which means a wet winter in CA and AZ, needed to break the drought and refill Lake Powell and Lake Mead

[Multifamily Value @MFValue]

@lalovestrump My kids agree

[Multifamily Value @MFValue]

@GardinerIsland Good job with your kids; you should be proud they're figuring things out. My youngest started working three weeks ago after graduating and is currently in Virginia for a week of training.

[Multifamily Value @MFValue]

@GardinerIsland Iran is using all the leverage it has.

[Multifamily Value @MFValue]

@stkbullgod SBG is trying to decide: do I deep fry or grill the chicken of the tree

[Multifamily Value @MFValue]

@GardinerIsland @IRStaxpros People need to pay their taxes.

[Multifamily Value @MFValue]

@GardinerIsland Earthquakes have been around since the start of time. And some of the biggest were centuries before the internal combustion engine or coal stoves were invented.

[Multifamily Value @MFValue]

@GardinerIsland The public is under more stress than the tectonic plates.

[Shaun Maguire @shaunmmaguire]

I was very lucky to grow up near the Wedge

A formative experience for me as a kid was sitting on the sand during the Hurricane Linda swell in 1997

Easily 30+ foot faces and just an unbelievable amount of energy in the ocean (bigger than this video)

A middle aged lady was walking on the sand up the berm, not paying attention

About 1 inch of water rushed up and it completely knocked her off her feet

The swell had taken a huge amount of sand out to sea so the berm was at a >30 degree angled pitch

Within about two seconds she was in the impact zone

Lifeguards ran in, saved her, and got her out the backside where the lifeguard boat was waiting

It’s one of the ~5 brief moments from my childhood that’s most seared into my brain

The ocean is powerful

[Multifamily Value @MFValue]

@GardinerIsland One of the Exxon executives was quoted in the media as saying that supplies are very tight and that he expects prices to rise further. Just in time for summer….