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?
| +52 | Leave brokerage to be GP | 12 | 2d | |
| +49 | New Comp Database - Google Form (Now with Data Validation) | 24 | 2d | |
| +24 | Seeking Career Guidance in Real Estate Development Post-Graduation | 3 | 3d | |
| +23 | Going out on your own | 4 | 2d | |
| +23 | Spreads over SOFR/UST | 8 | 7h | |
| +22 | REPE/Development GPA | 15 | 5d | |
| +22 | Real Estate = complicated + underpaid | 15 | 2d | |
| +20 | High achiever that doesn’t want to work weekends | 12 | 16h | |
| +17 | Fisher Brothers | 6 | 2d | |
| +15 | Can you exit from Fund to Asset management or Investment in Real Estate ? | 22 | 20h |
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.
Aut ut aliquam recusandae recusandae harum et et. Autem sunt mollitia rerum veniam. Vitae tenetur eius distinctio. Nihil et excepturi laudantium eum ut.
Dignissimos voluptatem repudiandae inventore delectus quis officiis odit sed. Suscipit fugit autem a quisquam esse debitis eos. Eos in voluptatibus debitis qui consequuntur voluptatibus officiis. Quia blanditiis enim omnis esse.
Facilis velit dolorem eaque. Error odit facere maiores deleniti aperiam. Architecto accusantium quod veritatis ab. Assumenda rerum ut porro expedita.
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...