David Scheurer @davescheurer
LA - construction & development. Los Angeles, CA Joined September 2016-
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Classic. Likely, this will be appealed.
Update: Currently representing ownership and acting as CM on 12 development projects around Los Angeles. 8 - multifamily to condo conversions 4 - ground up multifamily projects Smallest unit count is 5. Largest unit count is 12. However, I am in talks to oversee two 40-unit…
Construction starting on a few projects next week. Super excited to see these transform and work with great teams.
Amazing how many people in real estate dev. don’t know how to read plans. They just accept what the architect provides. I’ve seen plans with stairways cutting through bathrooms, e-rooms too small for switchgear, ADA violations…the list goes on. Learn to read plans! Or…have…
If anyone has a great real estate lawyer based in Columbus please let me know. Looking for someone very experienced.
“Buildings are the greatest form of art” - Bill Zeckendorf Jr.
I’ve been saying this, but I’ll say it again. Fantastic time to be a civil contractor.
I’ve been saying this, but I’ll say it again. Fantastic time to be a civil contractor.
I want to see the underwriting on this so badly. Awesome this project actually got funded
I want to see the underwriting on this so badly. Awesome this project actually got funded
Busy week! 6 active condo conversions with 2 finishing up shortly and 4 just starting. Scope walks, inspections, punch lists, budgeting, and designing. Extremely fun to work on these vintage buildings. I’ll continue to share as they progress!
Little teaser of a project I’m managing: - Condo (TIC) conversion - 5 units / 3 Buildings / 2 Stories - 1920s Spanish Architecture Really excited about this one. Will share more details as it progresses.
Girlfriend hand drew floor plans of every apartment we’ve lived in as a gift for my office. Absolutely amazing ❤️
I always thought I was screwed not having a finance background. However, you can learn finance online and from textbooks. Construction, you need to be in the field for. That difference makes construction experience very valuable as there are few young people with serious…
I always thought I was screwed not having a finance background. However, you can learn finance online and from textbooks. Construction, you need to be in the field for. That difference makes construction experience very valuable as there are few young people with serious…
I’m seeing more individuals and companies in the construction industry become active on social media. Keep in mind the construction industry is always 10 years behind so this lines up pretty well.
I really like @seandsweeney concept of finding your “dreamland”. I’ve been focused on a dreamland for my Columbus acquisitions, but in LA I’ve been spread all over.
RIP Alexei Navalny. I wrote many research papers on him while in college. If you haven't looked into his journalism and anti-corruption campaigns in Russia, I highly suggest you do. His death is a stark reminder why being born in the US is such a blessing. Documentary Alexei…
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Raising capital isn’t hard if you have a great deal and a fair structure. Unfortunately, too many sponsors are pumping skinny deals and masking it with a complicated structure.
@KCmolzer @NewYorktitleins @realEstateTrent @FarazUCheemaCRE @kenashley @mattfranciz @WillHuebnerRE Mouth to mouth CPR 😳
Passed city inspection yesterday. We're good to pour on Tuesday! Crew of 5 onsite today forming and installing steel posts
Drone footage of the podium deck we will be pouring on Tuesday next week
@NNNIncome Yesterday was top 3 worst days of my life. Learning moment for sure!
So happy to report that after making the worst choice, checks notes, possibly ever for a 6 am breakfast at the Kansas City airport Zach is back alive and well again. Sorry about the food poisoning. Glad you are back vertical and crushing a slice.
2023 Honda Profit: $4.82 billion Government of Canada EV battery plant subsidy: $5 billion. 2023 Volkswagen profit: $20 billion Government of Canada EV battery plant subsidy: $14 billion. Yet, Canada faces an unsolved housing crisis of epic proportions.
Half price sale in Downtown LA! 60% vacant 215K SF office building that sold in 2011 for $39M just sold for $20.5M - $94/SF. Lowest $/SF in Downtown since 2020. Possible multifamily conversion? Buyer is a pro at adaptive reuse.
Austin: Let's reduce the minimum lot size to 2k sqf... NYC: Let's build 20k sqf on top of an existing building with a cantilever..
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@DonovanBuilds I’m considering this your official application to the urbanist movement!
Michael Stern at JDS just closed on a 0.52-acre *non-waterfront* lot in Brickell for $61,230,000. That’s $118M / ACRE for a non-waterfront lot ! JDS will be looking to build a 250-unit Dolce & Gabanna-branded condo/hotel tower. Miami continues to reach new heights.
A high profile mixed use project in the Beverly Grove area of LA has just been approved by LA City Planning. Total of 126 units and 11,615 SF of ground floor commercial area over a 3 floor subterranean garage and 153 vehicle parking spaces (replacing a strip mall). The…
Margot Robbie realizing that her fan has a hearing problem and leaving her hand free to speak sign language
Let competitors compete! Excited to see all the new companies formed and more interested to see the positive impact they make. For job switchers corporate culture has never been more important.
This is huge news: The FTC has just completely banned noncompete agreements by employers which prevent most workers from joining rival firms. It is now ILLEGAL for employers to make employees sign noncompete agreements. Is this a good move?
Bullish is an understatement. Let’s build. 🫡📈
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@eduedoo Plausible maybe, but what framer starting from a fresh conc. foundation, doesn’t start with sill plate placed where necessary for wall alignment?? Even if concrete was off, framers start from bottom up.
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