Michael Asarch @Michael_Asarch
Retail Investments Advisor at Pegasus pegasusinvestments.com Los Angeles, CA Joined May 2012-
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I’ve seen hundreds of posts about the perfect evening. Hearing wonderful stories, beautiful photos and videos of celebrating relationships from the Real Estate X Gala in NYC. Where’s the stories of drunken post gala expeditions, gala born flings, deals getting discussed, the…
There’s a special place in hell for the parents who throw a kids bday party on Masters Sunday afternoon.
76 Tesla Superchargers, the things that get an adult excited.
The power of X, wow. I was sitting on my couch a week ago this time when without thinking about the consequences decided to post on a need for quality sponsors to place investments in RE deals. Boy did I open the floodgates. I’ve received hundreds of leads, set up dozens of…
The power of X, wow. I was sitting on my couch a week ago this time when without thinking about the consequences decided to post on a need for quality sponsors to place investments in RE deals. Boy did I open the floodgates. I’ve received hundreds of leads, set up dozens of…
Many great memories over the last 20 years watching Arizona and UCLA Basketball. Glad we crushed them last night, a bit disappointed in an anti-climactic ending to a great rivalry. #beardowncats
I’ve been calling a prospect for probably 8+ years. Always quick conversations, haven’t taken the relationship to the next stage. Decided to be ultra persistent and meet them today, they reside close by another meeting I had set up. Showed up at their house, exchanged…
Had a great meeting today with Emil Khodorkovsky of Forbix. Great RE mind as a principal, lender, servicer. Looking forward to finding synergies and ways we can close business together. bit.ly/3UIPP5Y
Driving through Warner Center earlier and recall pitching the listing for this now former US Bank at 4.75 cap in Fall of 2020. Rent was high, 5 years of term. Owner went with a 4.25 cap list and it sat and sat. Now it’s dark and soon to be vacant. We likely could’ve transacted at…
Ventura Blvd and Topanga Canyon in Woodland Hills (LA). A top 5 busiest intersection in the San Fernando Valley and probably top 20 in all of LA. Chase Bank use to be tenant, now an Amazon Go (Amazon convenience store). Not sure why Chase wouldn’t want to have a permanent…
I failed today. Rewind the clock about 9 months. My brother-in-law is a Southern California apartments broker and recommended I connect with a family who owns a net leased retail asset. Over the last year, I connected, educated, underwrote, advised them it would be better to…
I had a conversation on Friday that was one of those moments you know this person is an all-star and you hope to have many follow up conversations/do deals together. @mmgeorge17 is the real deal. Strip center buyer crushing it. Newer to Twitter, but a quality follow.
The people you run into in LA…
One thing I wish I learned sooner - The more you give, the more you get. Time, advice, comps, mentorship, taking clients out… It all comes back tenfold.
Began to fill out the Traded questionnaire to promote a recent sale, talk about a racket. I get you’re paying for exposure and the network but wow. Send a photo of your deal, some sale metrics, and a profile photo of yourself, $500-$1,000 depending on the bells and whistles you…
Got into the office early, ran into some #retwit legends, 🌮with the family, very appreciative for my Pegasus crew, family and friends. What a birthday!
Ran into one of the #retwit Godfathers today, none other than @Keith_Wasserman who was running out to lunch with the CEO of Pegasus, David Chasin. They say good things come in threes… Who will I run into or who else wants to meet up in Century City today?
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fjo1wwx96dms @5fziykpe400t
3 Followers 425 Following 現在、アルバイトの募集をしています。一日の勤務時間は制限ありません。日給6,000円～30,000円！給与は日払いです。 副業の相談は、LINEに追加:【https://t.co/e0kDsTXUZC】
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681 Followers 539 Following Dad. CEO. Runner. #girldad. #terpdad. #terp 🐢 Founder Zelnik & Company. #realestate. #retail. #retailrealestate #cre #retwit
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@Michael_Asarch I assume you are referring to me and the gluten free pizza I grub hub’d to my room after the party. It was consensual but I did in fact violate that pizza.
🚨⛳️☝️ #HOLE IN ONE — Incredible video of the ace Rickie Fowler made at Pine Valley yesterday. ☢️ (Via: @Rickie_Tracker)
Hello from the Summer Lake hot springs taking our van out for the first time. Success! Was also able to get some work done on a property we are selling we just put under contract.
I would greatly appreciate anyone who can help me get in touch with @friedberg. David, if you're reading this, we recently heard your insights on the podcast regarding Google’s potential acquisition of HubSpot. (Episode 173, Starting minute ~42) The challenge you mentioned…
@HealthcareREguy I think you’d be better served ingesting that same money into furthering existing relationships in a way that they felt was experiential. Lots of people don’t golf. Maybe they like skiing though. Or wine country. I think you could probably plan 4 very cool events throughout…
@iononrecourse Preach Eric. It’s Sunday. Retail church is in session.
Retail is in the details. Some of the details we incorporated into a small ground-up building:
@Phairwarning I don’t think it makes sense to invest based on thinking if things have bottomed out. You invest based on individual good deals. Not market timing.
The streak continues. 7 bag drops. 7 sell outs. Today we sold out of 400 toddler golf bags in 8 minutes. Our largest drop ever. Help is on the way. Will ship everything Monday!
LP Investing Podcast! 🎙 I just recorded the first episode, which will drop next week The idea is to record both good and bad investment outcomes directly from LPs, in an anonymous matter I hope these lessons will help people make better investment decisions
My wife is a saint. So many little things leading up to a drop. Finding time to stuff 5 golf tees into a little bag and putting a piece of string through a hole. 400 of each. The house is a disaster. Train tracks, dinosaurs, and tractors everywhere. But this is reality.
Single-tenant, net-leased property sales volume has hit a 14 year low I get asked a lot “what deals are still selling?” Small deals are still selling Even when interest rates rise there will always be cash buyers for the smaller NNN deals (sub $3M) The larger deals? When…
@Michael_Asarch Call in a “hand, foot, and mouth disease” threat to the venue
Things I’m thankful for this week: -Being in NYC with my kids -Great ULI Conference -Sent out two engagement agreements for deals totaling $125M (one industrial, one condo conversion) -Sourced a distressed debt deal where the lender is willing to tranche Great week 🙏🙏🙏
TFW in n out burger accepts possession and ratifies your 20 year ground lease. LFG! Double doubles all around!!
SALE IMAGE: Tony Veiller, Greg Giacopuzzi & Jim Patton DATE: 02/02/2024 ADDRESS: 150 Yorba Linda Boulevard MARKET: Placentia ASSET TYPE: Retail BUYER: NewMark Merrill Companies Represented by Jim Patton & Gr... View Post on Traded:traded.co/deals/californ…
There is a special place in hell for brokers who make you sign a full blown Confidentiality Agreement to access an Offering Memorandum
Last week I posted about how my Stanley that I was gifted ~6 months ago broke. Less than an hour after I posted about it, @jbryanporter (Co-Founder of Simple Modern) DM’d me and asked to replace it with one of their tumblers. That is marketing & promotion at its finest.
@Michael_Asarch @fortworthchris Nothing wrong with a little trip to CDM!
DFW is a glorious playground full of CRE, single MAGA Moms, Tex-Mex and football stadiums. If you live here and are a CRE Bro, consider yourself lucky. Srsly. It’s like God made a place just for you!!
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