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Updated almost 11 years ago on . Most recent reply

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20
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David Klick
  • Homeowner
  • Overland Park, KS
11
Votes |
20
Posts

$500M+ Commercial Deal - Investor possible?

David Klick
  • Homeowner
  • Overland Park, KS
Posted

I have been working on a large mix-use commercial opportunity. I have an investment group who is willing to put up 99% of the money for this venture in phases, with 1% being raised by myself in exchange for a JV type situation. OR they will put up 95% and I will have to raise 5% for a 10 year balloon that would then be refinanced into our companies name in 3-5 years.

Who does one go to (My capital raising advisory gent doesn't know I'm asking this!) to raise this kind of money? We are talking $150M per phase roughly.

Anyone have experience here with investors utilizing this kind of dollar amount? I am attempting to make this a build and hold situation, but could be forced to have a build and sell.

Thanks for the thoughts.

David

Most Popular Reply

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15,174
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11,257
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Joel Owens
Agent
Pro Member
  • Real Estate Broker
  • Canton, GA
11,257
Votes |
15,174
Posts
Joel Owens
Agent
Pro Member
  • Real Estate Broker
  • Canton, GA
ModeratorReplied

I have seen some people in deals I am not involved in lose hundreds of thousands and get the feds involved top recover all these fees they were charged or money that was supposed to be in an escrow account and it can now not be found.

If you stand to lose a lot of money paying upfront fees it's just best not to do the deal. The great deal isn't one if you can never land the funding at your terms and price.

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