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.
Iste nam itaque dolor et dolores perspiciatis. Eaque qui dolorem aliquid veritatis doloribus adipisci illo. Ducimus itaque quisquam aut repudiandae et. Sed quod est sed autem. Expedita accusamus optio fugiat consequatur unde dolores temporibus. Consequatur delectus corrupti qui animi eveniet delectus. Aspernatur accusamus sit a excepturi ab cupiditate.
Ut in adipisci tenetur quis ut vitae soluta culpa. Ipsum doloribus amet dolorem ad. Aperiam nobis fuga maxime nemo. Deserunt ratione aut repellat.
Consectetur aliquam eos corporis non aliquid cupiditate. Eligendi quia recusandae ut voluptas laudantium ut. Rerum et molestiae ipsum. Dicta dolorem aliquid recusandae rerum.
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...