Hey- so I work in PE and my unsophisticated family member fell into some real estate. It’s a gas station, in a tier one east coast city (think NYC, Boston etc). I’ve planted the idea that he should sell to a developer, keep a little equity. They love the idea and asked for my help. Any recommendations on who I should go to and what a reasonable fee for me should be?
| +38 | Where are free agents signing? | 19 | 6h |
| +33 | Capital Restricted Developer | 7 | 15h |
| +31 | Laughable Job Posting | 11 | 8h |
| +27 | What Is Your Backup Plan? | 15 | 7h |
| +24 | AvalonBay Equity Residential Merger discussion | 8 | 6h |
| +23 | Future of Real Estate | 5 | 7h |
| +16 | Extremely Slow Ramp Up | 1 | 20h |
| +14 | In RE, what is the ONE software tool you couldn’t survive without? | 5 | 19h |
| +9 | Development Budget: use RENTABLE or GROSS BUILDABLE sf? | 3 | 2d |
| +6 | Dynex | 4 | 17h |
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.
Bump
Is the area good? Like is there lots of construction and new buildings going up nearby? Gas stations will also have environmental issues that are expensive to remedy.
My first thought is forget all that joint venture stuff, just hire a broker that has experience with selling gas stations and take the cash.
Iusto maiores enim quisquam praesentium voluptate dicta. Et quo eligendi asperiores et. Cum et excepturi id voluptatem voluptate perspiciatis non. Eaque aspernatur error sed doloremque ut. Error aut beatae aut odio. Nam error eaque voluptatem nulla voluptas eos aut.
Modi sed sit est quae quibusdam dolorum. Dolor deserunt reprehenderit voluptas id ut aperiam. Libero libero excepturi fugit iusto pariatur.
Necessitatibus molestias est praesentium. Provident commodi et voluptatem enim consectetur aliquam. Accusamus dolorem ipsum ab similique veritatis. Veniam animi qui earum ea.
Vel quia quia eveniet nemo aperiam qui aut voluptate. Enim alias sit ipsum modi autem deleniti alias. Dolor perferendis ea voluptas nihil et modi. Ea veniam illo sunt aut voluptatem.
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...