Anyone heard of these guys? I just got a job offer. Looks like they're actually making some acquisitions, though not big ones. Appears to be a new fund, and like the more I look into their background the weirder things get. Anyone dealt with them? Worked for them?
| +67 | Hiring Analyst/Associate - Advice | 31 | 2s | |
| +40 | Current CRE Phase | 19 | 1d | |
| +36 | Laid Off - Multifamily Acquisitions Help | 8 | 15h | |
| +26 | Capital Formation | 9 | 2d | |
| +26 | Best Brokerages in South Florida | 18 | 12h | |
| +25 | PART 2: Increasing RE Industry's Cash Compensation, Collectively | 1 | 4d | |
| +24 | URGENT - a list of Halal/Islamic real estate funds and investment companies for potential applications | 8 | 3d | |
| +23 | NYU MSRE Program | 7 | 2d | |
| How many days a week are you expected to be in the office? | 22 | 12h | ||
| +21 | UK Development | 4 | 2h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Yeah I think I've heard of them. They specialize in escalating leverage tactics actually. They are well known for not paying debt service in order to force lenders to the table or they pay the debt service but let vendors file materialmens liens. Sometimes they just straight up throw the Owner SPV into Chapter 11. Pretty effective tactics. On a couple occasions I've heard that they were able to convince lenders to sell them their notes below par. And these are only the tactics I've heard of. I'm sure they have a lot more up their sleeve. Overall very innovative and creative group. I think you could learn a lot by working for them
always honored to meet my fans.
sounds like you know a lot about them. care to point me to a couple of the deals you mention?
Surprised someone gets away with this more than a couple times. I'm not a CRE expert by any stretch. Why don't future lenders just not take their call? Is it hard to know their previous behavior?
It's a troll post to OP's post here: https://www.wallstreetoasis.com/forum/real-estate/borrowers-leverage-ag…
Was this through a recruiter? Curious which recruiters have Austin positions. The ones I've found tend to be only Dallas.
no, directly contacted by the company
So... a company reached out to you directly to offer you a job, no recruiter, no application on your part, no nothing? Just a cold call being like "Hey DomDiMello, we saw your LinkedIn profile and thought you'd be a good fit"?
I mean, if that is the scenario, does this actually require you asking advice as to whether this is a legit fund? And if you did reach out to them or otherwise initiate contact, how is it you don't know more about the company? Either way, even asking this question reflects poorly on you...
@DomDiMello You get a really good hit rate of people responding to you with pure contempt.
I should take my talents to twitter.
Eos occaecati a aliquam repellat autem quia quia. Dolorum deleniti molestiae nihil ut dolores nam rerum. Excepturi consectetur inventore magnam quisquam quisquam at nihil et. Sit ut nam sit et sapiente voluptas. Iusto neque quasi explicabo necessitatibus. Ullam vero incidunt fuga placeat dolore facere quia. Asperiores repellat eveniet et similique aut qui.
Repudiandae aut velit aut. Vel quod qui unde assumenda modi architecto deserunt. Sunt sunt magni exercitationem sapiente aut. Ab et qui quo dolores sunt necessitatibus error.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...