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All Forum Posts by: Account Closed

Account Closed has started 17 posts and replied 166 times.

Post: Long Term Hold Syndication Sponsor

Account ClosedPosted
  • Investor
  • Atlanta, GA
  • Posts 174
  • Votes 104
Quote from @Leah Klint:
Quote from @Account Closed:

@Leah Klint, Great point! Most sponsors are incentivized to sell the asset for them to have a payday, which always work against the investors that have long term hold vision. So, in all of the deals we sponsor, we structure our promote in both cashflow (after a hurdle) and capital events, so we are aligned with our partners' goals.  


 Tell me more how you think your structure better aligns with the long term hold LP.  

@Leah Klint, please free to DM me. I can expand with an example and may be over a quick call. 

Post: Long Term Hold Syndication Sponsor

Account ClosedPosted
  • Investor
  • Atlanta, GA
  • Posts 174
  • Votes 104

@Leah Klint, Great point! Most sponsors are incentivized to sell the asset for them to have a payday, which always work against the investors that have long term hold vision. So, in all of the deals we sponsor, we structure our promote in both cashflow (after a hurdle) and capital events, so we are aligned with our partners' goals.  

Post: First Syndication Deal

Account ClosedPosted
  • Investor
  • Atlanta, GA
  • Posts 174
  • Votes 104

43.86% annual return but 3.01x EM. Would love to see the math behind this.  

Post: Off Market Deal Sourcing Strategies

Account ClosedPosted
  • Investor
  • Atlanta, GA
  • Posts 174
  • Votes 104

Building and nurturing relationships with regional brokerages/brokers is another great way of being sent all offmarket deals they get.  7 out of 10 commercial properties we acquired in the last 15 months were received this way. 

Post: Local Syndication Networking

Account ClosedPosted
  • Investor
  • Atlanta, GA
  • Posts 174
  • Votes 104

@Jonathan Cheng, let me know the best way to connect with you. We are GPs but also invest as LP in various asset classes. 

Post: Underwriting NNN Deals

Account ClosedPosted
  • Investor
  • Atlanta, GA
  • Posts 174
  • Votes 104

@Paul T., you are right but make sure you factor in operating expenses (management fee, partnership level fees (returns and K-1s, if applicable),and such) in your NOI calculation. You might not care about it during hold if they are applicable to you. However, at exit, your new buyer might.

Post: What are best tools/ analytic resources for analyzing deals?

Account ClosedPosted
  • Investor
  • Atlanta, GA
  • Posts 174
  • Votes 104

@Susan O., connect with me. I will get my team to send you what you need. 

Post: Industrial Deal! 10k/mo NNN Lease

Account ClosedPosted
  • Investor
  • Atlanta, GA
  • Posts 174
  • Votes 104

You might be overstating your CoC by not setting aside $ for future Capex, TI, leasing commission, management fee, and accounting/record keeping costs. You might not care about these costs (for various reasons) but, at exit, your buyer will/might care. So make sure you factor these expenses in your NOI calculation.

Post: Requesting Offering Memorandum Samples

Account ClosedPosted
  • Investor
  • Atlanta, GA
  • Posts 174
  • Votes 104

Look for active listings in costar, loopnet, crexi, and such. 

Post: What are best tools/ analytic resources for analyzing deals?

Account ClosedPosted
  • Investor
  • Atlanta, GA
  • Posts 174
  • Votes 104

Co-Star for CRE.