I feel like there have been a flood of threads, like ha how are those small MF shops doing... Doesn't the same thing apply for small devshops working on construction loans? Anyone who had a refi after leasing up a building? Anyone who is building a neighborhood? Triple Net rates are probably the most closely related to federal rates?
Maybe I am missing something? Did everyone thing small MF goes bust first? Have you seen the AM/Acq fees these guys take in? Have you thought about the promote they should've realized over the past few years? Most Medium to large shops have been refinancing or recapping these last couple years.
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