Net Lease Investment Sales Expert with $10B+ in closings | GP in RE, VC, & PE ~ $350M AUM | Fan of Drake, the environment, and data.
Aug 29, 2023 • 6 tweets • 1 min read
Have you ever wondered how airport retail works?
A franchisee partner operates various restaurants at multiple airports.
We discussed why pricing is higher, how the economics work, and other items.
A THREAD:
Who runs these?
A "master concessionaire" whom master leases to other restaurants & retailers for that particular airport.
Jun 15, 2023 • 9 tweets • 2 min read
“Bob” almost went broke in real estate during the Great Recession.
Then he bought a property, sold it, became the lender, and brokered it twice.
He was back on his feet.
Comeback story below:
#cre#retwit
A single unit franchisee drive thru building hit the market for $350K.
Seller was willing to “carry back” a loan for $250K at 6% interest only, so Bob needed $100K for down payment.
Jun 13, 2023 • 12 tweets • 4 min read
Have you ever wondered why anyone cares about space?
The "space race" to the moon is actually a massive real estate play.
Below I will detail the politics, what's at stake, and why it's a winner take all situation:
#retwit#Creil
The US & it's allies (ARTEMIS) are racing against a China / Russia partnership to be the first to develop real estate on the moon.
These parties agreed on “The Outer Space Treaty” which is basically a “first come, first serve approach” to lunar development and mining.
Apr 5, 2023 • 5 tweets • 1 min read
Just Closed!!
Price: $3,000,000
Cap Rate: 5%
#cre#retwit
1031 exchange buyer took this down, got debt from a life insurance company, and was a local buyer.
Apr 4, 2023 • 14 tweets • 3 min read
Below is an incredible story thread about a great deal gone wrong.
In what used to be one of the best locations in the world.
And what it took to save the deal from disaster.
Goes a little something like this:
#retwit#cre
The year is 2017 and the subject project is a leasehold interest shopping center with a strong tenant line up that includes Starbuck’s, Chase, Burger King, Subway, and other nationals backed by franchisees.