I think many would agree that 2021 has been a wild year for transactions. Curious to hear what kind of issues some of y'all are running into on your year end deals.
I'm on the debt side, and I've had two acquisitions run into significant title issues where the company writing our policy has failed to perform due to staffing issues. Insurance review has also been a major headache. I can't be the only one fighting with every deadline…
| +38 | Where are free agents signing? | 19 | 10h |
| +31 | Laughable Job Posting | 11 | 13h |
| +31 | What Is Your Backup Plan? | 17 | 1h |
| +28 | Future of Real Estate | 8 | 13m |
| +25 | AvalonBay Equity Residential Merger discussion | 10 | 2m |
| +16 | Extremely Slow Ramp Up | 1 | 1d |
| +14 | In RE, what is the ONE software tool you couldn’t survive without? | 5 | 1d |
| +10 | Dynex | 5 | 3h |
| +9 | Development Budget: use RENTABLE or GROSS BUILDABLE sf? | 3 | 2d |
| +6 | Heitman - Chicago | 7 | 10m |
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.
Basically every vendor is having problems keeping up with demand right now. Appraisers, engineers, title, lawyers. Too many deals that everyone wants to close by YE and not enough people.
We stopped signing term sheets for YE closes in mid Nov because we already had 10 deals in closing and there was no capacity from anyone to get it done + nobody likes working the last week of the year if they can avoid it.
This, our PCAs and Phase 1s are delayed, putting us in a tight bind when it comes time to go non-refundable. Lawyers aren't answering their phones, escrow agents are swamped, etc.
Quisquam ab sit atque accusamus aut. Quia expedita blanditiis quos cupiditate. Voluptatem dolorum adipisci dolore sint. Molestiae est illum consequatur non molestiae libero temporibus. Aut omnis accusantium sint saepe.
Iusto et quo id nihil laudantium dolor iure. Veniam non ea aliquid vitae accusantium provident itaque molestiae.
Voluptatibus aut temporibus at libero. Quisquam omnis temporibus quisquam eius et. Quia tempora est esse et est placeat.
Itaque aliquid quam impedit voluptatem. Dolores aperiam voluptas dolore sunt repellendus iste. Labore eum modi eaque ut cum 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...