Commercial Retail Syndication?

[Brandon Casten]

Hello!  I'm working on a commercial retail project and curious if the community has any great educational resources/books they can recommend on the topic.  I'll be using standard syndication techniques for the raise, but just want to learn about any potential differences/pitfalls to the retail rental model.  I'll be doing triple net.  Thank you!

[Joseph Gozlan]

@Brandon Casten putting together a pitch deck or a financial model for retail is normally a lot easier than MF because there's a lot less speculation and guessing. In MF we have to guess what the rents will do year over year, in NNN retail, your contract are log term and have the increases already built in them so it makes it a lot easier to project the next few years.

One pit fall I see many new commercial investors fall into is the lease lead time. Leasing a commercial space could take much longer than residential. Sometimes even 6 months or a year (longer if it's a soft/small market).