I am so thrilled to have found this amazing resource! 

Within the last 3 years there has been significant development; new target, top golf, tanger outlets, mgm casino, new shopping center stores, etc. 

I am thrilled by this community and love how everyone has a unified goal of helping one another!

The most recent casino to open cost over $7B.

They were thrilled they were getting a good deal on a brand new luxury apt, and I was thrilled I can start the next renovation without any delay. 

Brian Burke: We've kept the waterfall structure the same.You can see here.We used in this case, We used in this case, we used an 8% preferred return, and then we had three waterfall hurdle tears.The investors got 70% to 12 60% to 15.And then after 15, they got 50 50.And we've essentially I've been using this waterfall almost since I started way back in the beginning.Every once in a while, we might alter something here or there because we feel the need to.But too many times I've done that and been completely wrong.We had a deal that we did about three years ago where when we underwrote the deal, I felt that we needed to juice thereturn a little bit more.And so we switched the waterfall to an 80 70 60 instead of 70 60 50.And at the end of the day, when we sold that property, we delivered to our investors like a 32% IRR.And now I'm kicking myself like we really didn't need to do that.We could have left it.Just as this waterfall is here, our investors would have got a 28 IRR or whatever and been thrilled to death.So I tend to leave the waterfall alone most of the time.

The Resorts World Casino alone cost over $7B to build.

As much as I enjoy peace, the thrill of the deal has no equal! 

Although I've had a real estate brokers license for several decades, I've never been thrilled at working for tips and I've never listed and sold a oroperty for someone else.

Odenton and Severn are going gangbusters ,especially near the casino .