In your acquisition and/or development timeline when do you start sourcing equity? The firm I work for is well-capitlized so we usually close on the property/land, take it through approvals, then 6-9 months we get into the ground we source debt/equity concurrently. We do a true-up with our equity partners for softs. I am just wondering what other shops do - do you guys put it under contract then source the capital stack? How many months does it normally take you guys?
Trending Content - Real Estate Forum
Career Resources
Bump
Value-add office here. We start softly raising equity/debt as soon as the building is under contract. Formal memos on the deal are sent out about 1-2 weeks into DD period.
Non voluptatem ex et et dignissimos. Non quo tempora labore. In voluptatibus impedit qui tempora distinctio. Architecto voluptate rerum est ut mollitia reprehenderit. Dolorum nihil est consequatur repellendus et.
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...