BridgeLenderGuy @bridgelenderguy
Former Firefighter (still my true love) | Multifamily & CRE Bridge Lender $350mm Book | Read your loan docs before signing Joined October 2022-
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Putting this out there to developers, equity investors & lenders on apartment or industrial deals in the southeast: If you have a screwed up project, we’re happy to take a look, tell you what we think, suggest how you can fix the problems &, if desired, actually step in to fix…
Putting this out there to developers, equity investors & lenders on apartment or industrial deals in the southeast: If you have a screwed up project, we’re happy to take a look, tell you what we think, suggest how you can fix the problems &, if desired, actually step in to fix…
Dropped the great @JWurzak’s name at check in and got a great upgrade
And he wonders why he didn’t get invited to the Gala…
And he wonders why he didn’t get invited to the Gala…
When they talk about a new rate - is it a truly lower rate or a rate buy down or in the money cap? Both are essentially prepaying interest
When they talk about a new rate - is it a truly lower rate or a rate buy down or in the money cap? Both are essentially prepaying interest
Nothing worse than counsel giving their economic forecasts on a deal negotiation call.
20 likes … no bar mates yet…
On a flight to Miami … didn’t make the gala cut, available to drink tequila in anything but a tux all afternoon
“What is working capital?”
Should’ve invested more in this one 🤦🏻♂️
Despite this being an excellent presentation, Margot Robbie or Selena Gomez would've done better
Despite this being an excellent presentation, Margot Robbie or Selena Gomez would've done better
10 bps down already; I'm anticipating 25 bps by the time Israel is done
How many bad real estate investments were borne from not be willing to walk away from sunk costs?
There is no bigger 🚩than a sponsor being on the Forbes Real Estate Council
#2 was my favorite of the whole thread
Cost segregation can allow you to get your student loans forgiven 🤣💸🎉
Cost segregation can allow you to get your student loans forgiven 🤣💸🎉
Imagine what he'll say after I finance him
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@bridgelenderguy @JWurzak Is that discount available at all 15000 Marriott hotels or just the Wurzak Group ones?
@bridgelenderguy @JWurzak “I’m here with Jake” Is that how it works?
That’s what happens when you miss golden opportunities early. #RBNY
Arrived in Miami and off to @johnhaira’s wedding 🍾
We read it every day They provide us with the best & most accurate Real Estate news Pleasure to finally meet @mrkorangy and tour The Real Deal’s HQ Thank you for hosting 🙏
@aussieflya @bridgelenderguy It’s way too clever to have blue collar coveralls on that say ‘tax the rich’ to not be a joke
@bridgelenderguy @privateinequity Just to be clear this was a joke
@TheWolfofREI @rhunterh Regarding 👆, below is another option. Ask LPs to contribute another ~20% to possibly “buy down” etc. the “net interest rate”. Throw “more good money at bad money”? Also involves pref equity. Thanks @bridgelenderguy @hitsamty for sharing this interesting case study.
When they talk about a new rate - is it a truly lower rate or a rate buy down or in the money cap? Both are essentially prepaying interest
@bridgelenderguy Asking for LPs to contribute another ~20% to possibly “buy down” etc. the “net interest rate” above. Interesting case study, @hitsamty, @bridgelenderguy. Would be interesting to see all the math.
@investingcre @CREdebtlawyer Lmk when you come up, will have @bridgelenderguy set up a meet and greet.
@bridgelenderguy @aussieflya That’s fkn bananas in the best way possible
@bridgelenderguy Ha! I would rather go to the Met Gala and hang out with her if I had to pick one, but eating undercooked chicken sounds more palatable than either
This is kinda the elephant in the room but one thing I’m excited about that came outta @realEstateTrent & @BobKnakal gala was that I found many more super savvy female CRE people to follow Love the bros, but some diversity is nice
Such enthralling writing, on the birth of Murder Inc and a new kind of American antihero. From Rich Cohen's "Tough Jews"
@bridgelenderguy You know it! Was a total whirlwind trip. Hopefully get more time on next go.