New Construction & Development

Cash flow looks clean on paper.Cash flow feels real in the first few months.Cash flow often...

Cash flow creates real estate wealth Real estate attracts people who want freedom.However, freedom rarely comes...

Multifamily underwriting shifts in 2025 Multifamily underwriting looks very different heading into 2025.After years of loose...

Cap rate vs yield on cost is one of the most misunderstood divides in commercial real...

Why sensitivity revealed the real risk At first, the acquisition looked solid.The price aligned with recent...

When a single expense changes the entire investment math At first glance, the deal looked clean.The...

Exit cap discipline separates real underwriting from hope Many deals look attractive because the exit cap...

Pro Forma discipline starts with subtraction Before a deal reaches an investment committee, the real work...

Financing shapes outcomes long before operations do Many investors obsess over purchase price.However, debt terms often...

Valuation gaps decide more deals than returns ever do Before any investment committee approves a deal,...