Masters in CRE

I spent the better part of my professional career working for a boutique investment research firm. In that capacity, I drafted research reports on publicly traded companies involved in the manufacture and distribution of construction materials. During that time, I authored some 2,000 research reports that were blasted to Investment Analysts employed by hedge funds, mutual funds and pensions funds. Along the way, I received tremendous tutelage from a number of well respect

With the advent of crowd funding, investors are now able to invest as little as $1,000 in "institutional quality" real estate investments. Historically, these investments have been walled-off from the greater investment community and offered only to those ultra-wealthy individuals working directly with a Sponsor, Syndicator or Real Estate Private Equity (REPE) firm. While the various crowd funding platforms promise to vet the Sponsors seeking to fund their deals via the mark

In a previous post on understanding the relationship between a GP and an LP, I touched on how the General Partner contributes a small portion of the required equity, but will generally earn a return in excess of their pro-rata contribution. In effect, the GP earns two streams of income from the property, including: 1) Their pro rata share of the investment (e.g. 10% equity contribution), and 2) A "promoted" interest in the investment returns after some return hurdle is achi

Whether you're about to do your first deal or you're part of a bigger firm that's done hundreds, chances are you're using a combination of your own capital and outside investor equity to fund your deals. Certainly, there are plenty of funds that are investing captive equity (e.g. private equity), but most developers and real estate entrepreneurs are using a mixture of LP (limited partner) and GP (general partner) equity to fund their deals. What is an LP / GP? Private equity