It will bounce back, there just might not be any fruit for a couple of years.

The medium to account for those transactions we call dollars ( or we could use coconuts,fruit flies, wood chips or kryptonian walloeoons)If you want something to blow your minds, anyone who has a 401K does not have any "real dollars" in their account, just electronic ones and zeros.

It was downtown Fairhope in the Fruit and Nut, on Pecan, before that area went crazy.

The deal doesn't qualify for agency financingBreaking these down further, sponsors can juice investor IRR because debt is cheaper than equity (bridge at 5% costs the deal less than equity with an 8% pref). 

Occasionally, we find some low hanging fruit, but with the economy buzzing along, any "good deal" has like-minded investors interested as well.

To form real connections with real people that are doing real deals that can lead to fruitful potential partnerships.

Nurture those seeds/relationships until they can bare fruit.

Start with buyers as it's low hanging fruit and your age/inexperience will be a deterrent for sellers at 1st.

This is a pivot for us in the past we have put debt on the dirt to juice the returns.. however with this project I wanted the dirt paid for just in case sales slow a little and we have to hold some of dirt.

This doesn’t seem like a wise battle to me honestly Juice not worth the squeeze on that one.