Zach Aaron

[Zach Aaron @zchaaron]

@KeithMcCullough @Hedgeye @REITs_Nareit has some interesting research on privates vs public near and during recessions. Private outperform just prior a recession and public’s outperform during and following recession. Think this case may be starting to play out as funds flow from private to public..

[Zach Aaron @zchaaron]

@rationalwalk … there is truly a switch that flips for people when in an office setting that is separate from their non work life. While it won’t snap back to pre-covide demand as many predicted, i do think over the next 5-10 yrs demand will truly return as people get bored of being home.

[Zach Aaron @zchaaron]

@rationalwalk .. everyday, where I sleep, eat, and have a family, for such a long period of time when it is no longer needed as the world truly opens up is a depressing thought. Ppl may be productive but truly do not believe over a long horizon this will be true compared to in office work..

[Zach Aaron @zchaaron]

@patrick_oshag What industry these days would you say you know the least about and are most interested in learning more?

[Zach Aaron @zchaaron]

@jasonjscholtz Similar story up here in Canada. Almost all industrial markets here are at or below 3% vacancy. While there is new dev coming, majority is preleased at record setting rates. 3-4% fixed annual steps now norm compared to previous 2% fixed or a 25/50 cent bump after a few yrs.

[Zach Aaron @zchaaron]

@fortworthchris Congrats Chris! Curious if you assess value any differently on this product depending on the mix of dock and grade level doors?

[Zach Aaron @zchaaron]

@jasonjscholtz Love the thread! Curious for your view on tenant demand for shorter clear heights for mid to large warehouse/distribution spaces these days. Same, less or more interest in 16-24 ft spaces?

[Zach Aaron @zchaaron]

@rationalwalk @patrick_oshag This is such a phenomenal story and the way Peter tells it makes it that much more compelling and impactful.

[Zach Aaron @zchaaron]

@TaylorSugar @uproarcapital Can you provide the link to this discord channel?

[Zach Aaron @zchaaron]

@ChasingWaterfa8 Those dev yields are quite something. Industrial development, at least up here in Canada, is likely going down the same road. Last point on rates vs flow of funds really hit home.

[Zach Aaron @zchaaron]

@RE__Sam This is very prevalent, and maybe even more so, for office tenants who are national/covenant tenants, especially in today’s markets as LL’s want to keep face rates flat at the very least but those NERs are getting squeezed

[Zach Aaron @zchaaron]

Saturday Morning’s in New York
#nyc #peopleofnewyork

[Zach Aaron @zchaaron]

@TheRealEstateG6 Spot on thread and insight. As someone who works acquisitions for a public REIT, this is exactly the name of the game, finding deals with going in cap rates that provide accretion from year 1, which all comes down to buying well. Ultimately with some short and/or long term upside

[Zach Aaron @zchaaron]

@BillAckman Ok... but do you have the meats? @Arbys

[Zach Aaron @zchaaron]

@fortworthchris @FortCapitalLP Congrats Chris! Love this kind of product. Our REIT up here in Canada just closed and is under contract on several small-bay industrial assets in strong secondary markets (4% vacancy) here. <3 WALT and below replacement costs and mgmt synergies as well. Hope to buy more!

[Zach Aaron @zchaaron]

@BarrySchwartzBW Something I have not seen talked about either is the fact most pod listeners already have their personal curated list of pods subscribed to on Apple app. Having to switch to another platform for any one single pod becomes highly inconvenient. Plus, Spot is no better at discovery.