Just removed contingencies on two more deals.
One is a fee for service deal with a long-term partner.
The other is the first deal with the new pot of money we’re putting out.
Both are pretty classic deals for us:
- 10 and 8 units, respectively
- Interesting bones
- Tons of deferred maintenance
- Improving areas near to the kinds of amenities tenants tend to enjoy (bars, restaurants, music venues, etc.)
Pretty excited to add these fresh ones to the pipeline as we complete some of the deals we’ve been working on for months.