Gabe Einhorn
@gabeeinhorn
Working on a $70M ground-up condo development on the West Coast. Sponsor’s been sitting on the land for 2+ years and now wants to go vertical — but with ~80% LTC and aggressive pricing. Tough ask in this market. But here’s how we’re structuring it: Option 1: ~80% LTC, higher cost, tighter structure Option 2: ~75% LTC, better pricing, smoother terms Option 3: ~70% LTC, lowest cost, no exit fee Each one has trade-offs. The key? Structuring the capital stack to fit the actual business plan. If you’ve worked on creative financing for ground-up deals (or seen a wild capital stack lately), I’d love to hear about it.
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rockaroller
@rockaroller
The high end real estate in the near future will be to be around nature - of course in a sophisticated way... And it will be pricy ...
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Gabe Einhorn
@gabeeinhorn
Nature focused real estate will be a great approach. What do you do?
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rockaroller
@rockaroller
Main activity - a farmer . But i helped some friends who deal in real estate with some ideas . The point is - since the covid crisis there is a change of direction in peoples understanding of where and what a home should be like .Eveyone with some decent capital tries to buy a house in the suburbs or somewhere outside of the city .First to be free in case of a crisis and second to be close to Nature .The ones with less money buy apartments in the cities .Also the immigrants prefer the cities .No offense to them,but it is what it is
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