Best place to meet small developers?
What would you guys say is the best place to meet small developers of any asset class?
Ex:
Multi family
What would you guys say is the best place to meet small developers of any asset class?
Ex:
Multi family
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Any sort of networking event/membership I'd imagine but to your point, they might not be members or go to every/any event. Maybe ask around your local market. I've had luck reaching out on LinkedIn/direct emails asking for 10-15 minutes of their time. At least to start the relationship and take it from there.
Are you networking for the purposes of trying to find a job, or to find partners? Is the process the same for both?
All of the above. Obviously the intro message is similar (asking for a little bit of their time at their convenience) but for what differentiate's the overall message. Some never respond, some say 'give me a call on Thursday'.
Based on other's responses it does seem like ULI might be your best place to put in some serious time and energy. Network there, get the connections/business cards, reach out via LinkedIn/email after that as a follow up. Who knows, two years down the road you might be able to connect on a deal - especially if they continue to show up at ULI events and you keeping building rapport.
I would argue organizations such as ULI are more important for smaller developers, but there's no telling what they value individually.
Thanks CRE. Going to check out my local ULI next meeting.
As someone that works for a small developer. ULI has a ton of them. I've met ppl there that flip houses all the way up to JBG and Hines. Might just be my market but thats the best IMO. M&M also hosts occasional events, they comp tickets to the smaller guys usually so I always meet a good number there.
This might very a lot by market though. I'm in DC so a 20 unit deal is still over $3M in the crappiest parts of the city.
ULI seems to be the consensus. Going to check them out.
May I PM you for more on this?
Not sure if you were talking to me or allyoop? If you were talking to me feel free to pm me.
ULI's got a lot in my market, are you trying to find a job or find a deal to sell? Either way, calling them up when you see something is always an option.
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