🎓 Sophomore at Big10 uni | 💼 Exploring world of CRE | 🤔 Pursuing career in REPE - join me as I navigate this journey | ⭐️ #RETwit #CRE United StatesJoined June 2023
Chatting with an MD not long ago..
“I’m convinced that 10-15 years from now you’ll constantly hear people saying
“How did they get such a GREAT building for THAT kind of price?”
And they’ll be talking about office buildings.”
I’m convinced he’s right.
I’ve noticed the following:
- GPs are incredibly bullish on anything they are doing
- LPs are incredibly bearish on what they are pitched
- Brokers “KNOW” rates are coming down
- Bankers like to guess how many rate cuts (or increases) we will see this year
Cracks start to form when one person feels like they're doing more than the other, adding more value for the same % ownership.
"I brought in that client that is now half our business"
"She's working 20 hours a week the last few months"
"I brought in our last 10 investors"
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