Iman Jalali

Chicagoland Multifamily, 800+ Units - Bear Peak Capital, Family Office - Sold Tech Co in 2013 - Buying Multifamily & Investing Into Private Cos

[Iman Jalali @Stealx]

@BrettErickson28 @Rory_Johnston And given prices have stayed elevated since, every minute that goes by makes me feel like it's been confirmed

[Iman Jalali @Stealx]

@sof_q80 /shut up AI

[Iman Jalali @Stealx]

A local commercial real estate story in 3 acts:

1) Arby's builds a brand new building
2) Franchisee goes bankrupt in under a year. Nobody wants to lease the building.
3) 7 Brew Coffee bulldozes a 2 year old building to build a new location

America runs on drive-thru coffee

[Iman Jalali @Stealx]

@GDanay AI slop

[Iman Jalali @Stealx]

@Kmuray Des Plaines, IL

[Iman Jalali @Stealx]

@Tr0nSwans0n Learn to spell

[Iman Jalali @Stealx]

@stenderstender TBH, I'm not really sure

I don't get how modifying the existing, new, Arby's with an existing drive thru wasn't cheaper and easier

[Iman Jalali @Stealx]

@DCAmaxi Wannabe brand imo

[Iman Jalali @Stealx]

@peanutbutterfi @DutchBros Oh yeah, the invasion has already started!

Currently seeing Dutch Bros, 7 Brew and Biggby making a big push into this market

[Iman Jalali @Stealx]

@KKtres Thanks, buddy!

[Iman Jalali @Stealx]

@ThinkAppraiser Long story that makes no sense to most people lol

Short story, the fun is gone with these properties. The value add is done, hitting the numbers we wanted and now it's asset management and I loathe AM. Taking the win and focusing on what we enjoy.

[Iman Jalali @Stealx]

Sold another one

Purchased in June 2021 for $13MM, part of the Better Housing Foundation portfolio that was auctioned off

[Iman Jalali @Stealx]

@Jonathan_5099 It varies, but 30% is a good starting point

[Iman Jalali @Stealx]

@twallyweb I've got 4 TIC's in 1031 right now

I've never felt so wanted by brokers before

[Iman Jalali @Stealx]

@NoCapitulation Will need to grab coffee with him, thanks for the heads up

[Iman Jalali @Stealx]

@mattcirac I'm about to evict you!

[Iman Jalali @Stealx]

@NoCapitulation Say more

[Iman Jalali @Stealx]

@kylecordes @ChrisRamsey60 Dropbox link with deal room

[Iman Jalali @Stealx]

@bridgelenderguy @abbasjessa @financeguy725

[Iman Jalali @Stealx]

Returns are made on the way up
Reputations are made on the way down
- @naval

*cough*
A few of you here should pay attention