Results for ‘Uncategorized’ category

An amazing real estate story

Apologies for the slow posting; it’s been a very busy few weeks.Heard an amazing story from one of our management clients over the weekend and want to share with you all, to let you know what’s possible with a ton of hard work, risk acceptance, and good luck. For ease of storytelling, am going to

On my way to IMN Winter Forum

Apologies for the light posting. Have been tied up with investor calls, emails and meetings for the last few weeks. In any event, am heading down to the IMN conference in Laguna Beach today. Will be speaking on the Emerging Manager Panel at 11:45AM tomorrow (Thursday, 1/17/19). Hope to run into some of you there.

Doing things backwards

Just had an interesting exchange on a call with the other people participating in my panel at IMN’s Winter Opportunities conference. Our moderator, an attorney experienced in putting together large real estate funds, asked the panel about our experience transitioning from raising capital on a deal by deal basis to raising commingled funds. I piped

What we ignore

Just finished work on the deck for our new fund*, and thought I’d share a “philosophy” slide of which I’m particularly proud. Veteran investors / sponsors will notice that our way of thinking about deals differs dramatically from those of most real estate private equity shops. For example, as you will see below, we refuse,

Why rich people should ignore conventional retirement advice

If you have a lot of capital, you should mostly ignore conventional retirement advice. Your standard retirement planner assumes that you are going to build up a portfolio of assets over your working life, then liquidate that portfolio to fund your retirement. Because you will need to begin to liquidate at a certain date (say,