At least, that is how it works up here in Chicago / Cook County.Consider connecting with @Tasha Smith , who is in the Champaign area with you.

my self I have  been with my same commerical Banker for over 30 years without him I would not have made it through 08 to 2011.. loyalty is key,that said I have borrowed from one other commercial bank as well. my loan facilities are not what most are doing.. they are land and development loan and vertical .. and a few commercial buildings..

The price per sqft is very high for an office built out for medical use.. however, there is an in place tenant paying strong rent with 3% increases for 10 years (close to 7% cap, NNN)What I don't understand is why the tenant agreed to pay close to 2X market comps in rent in price per sqft per year for this facility.

Can you come from a long day and cook a quick meal with an InstaPot or air fryer?

And it's written under the pseudonym of Sean Cook by Paul Kaseburg.Paul’s sat on both sides of the table on over $2 billion of real estate deals.

Curious if anyone has experience investing in any storage facility syndication with Spartan and if they would recommend them?

You’re neck deep in Paralysis of Analysis, a virus more debilitating than the Spanish flu, Bubonic Plague, and the latest virus du jour, Covid.I’m no different than you. . .well, I’m Italian, so I’m a better cook and I have three Uncle Tony’s who collect my rents.

@Michael Kazalas, personally this sounds like too many cooks in the kitchen, but also a very clear violation of SEC rules around material involvement.Granted, I don't know much about fractional ownership other than vacation rentals, which are limited to 8 owners, typically.  

Generally, SBA loans can only be used directly for real estate purchases if the loan is being used to purchase a facility for a non-real estate investment business that will owner-occupy at least 51% of the property.

Waste water treatment facilities.