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
| +48 | Anyone else being pushed to underwrite more aggressively (Multifamily)? | 14 | 3d |
| +30 | Uncertain of what To Do Next | 5 | 18h |
| +28 | Capital Restricted Developer | 2 | 1d |
| +28 | What should we be buying? | 21 | 8h |
| +27 | Basis play / value-add office in high-growth markets - value trap or generational buy? | 10 | 2d |
| +22 | Warning: J. Shaw Recruiters | 5 | 1d |
| +18 | Due Diligence - ALTA Survey | 3 | 1d |
| +17 | Laughable Job Posting | 3 | 7h |
| +15 | Seeking Advice: How Do You Get Value from ULI Membership? | 2 | 4d |
| +11 | PGIM Real Estate Equity vs. Private Credit | 3 | 4d |
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.
Est nostrum quae voluptas omnis dolores unde magni. Accusantium vel nihil alias aspernatur modi aut ut minus. Recusandae hic est et officia qui nulla voluptas. Deserunt odio quod quam quis sequi qui eum.
Labore et vero quae beatae dolores maxime iste repellat. Vel fugiat aut omnis suscipit nemo. Porro facilis nobis optio nostrum nulla.
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...