@SeanTrende Getting it- sure- he left it on for 15 years! Surely he sobered up at some point
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Brad Fingeroot
25K posts
Brad Fingeroot
@FingerootB
Real estate • Michigan football • 🥩&🥂• 🇺🇸🇮🇱
Houston شامل ہوئے Şubat 2010
1.2K فالونگ888 فالوورز
@FingerootB Eh, the notion of a dumbass drunk marine getting a cool looking skull and bones tattoo is believable to me. But leaving it on until 2025 and then you throw in all the other stuff and I'm "ehhhhhhh....."
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The thing about Platner that I think people miss is that it isn't each thing in isolation, each of which is explicable, it's the total weight of them. Because his narrative, which I thought was pretty good, was "yeah I was a screwup but I've straightened out."
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@mipolitico @ZachTGR @yourmandaniel She needs to get over the, uhh, starting line, first (to be clear… Baruch HaShem)
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@ZachTGR @yourmandaniel Probably enough to pull Haley over the finish line.
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MI-Gov is not gonna be close at all thanks to queen benson
InteractivePolls@IAPolls2022
MICHIGAN POLL - Governor 🟦 Jocelyn Benson: 49% 🟥 John James: 38% —— Job approval (rv) 🟢Gov. Whitmer: 52-38 (+14) 🟤 Pres. Trump: 36-58 (-22) —— • TIPP for @LeagueOfWorkers (R) • 5/20-23 | 1,154 LV | ±3% tippinsights.com/content/files/…
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@cashkern @ScottChoppin Still tends to be relatively high IRR and relatively low equity multiple given the short hold and therefore gets screened out by some investors, but consistent and staggered deal flow helps solve (at least partially) for that
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@cashkern @ScottChoppin Not affiliated with Scott and not speaking for his strategy— but we run a similar playbook and actually tend to put more LP equity to work on pure entitlement deals than development. A- Closing on land ~all cash B- More attractive capital than common equity $$ available for dev.
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Some of the most profitable deals in our company's history never went to construction.
We put the land in escrow, completed the entitlements and design and subdivision mapping, then sold to a builder who took on the financing and construction risk. We captured the entitlement premium. We skipped the construction cycle entirely. We moved fast.
Slow kills in real estate development. The longer you hold pre-
development capital in a deal, the more interest, overhead, and opportunity cost eats your return.
The entitlement sale exit, buying raw, selling entitled, is a legitimate and underused strategy.
Not every deal has to become a building.
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@ex_raritas @molzer Forgot to follow up here— hit Mercury Room then Farina, fantastic recs
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Best Restaurants in ⛲️ Kansas City ⛲️ 👇
Pierponts (Union Station) - New American
Le Fou Frog (City Market) - Traditional French
Jack Stack (Freight House District)- Sit down nice BBQ
Joe’s KC (Rosedale Gas station) - Authentic Kansas City BBQ (non formal)
Talleur (Midtown) - New French
Axios (Brookside) - French Bistro
Bacaro Primo (Brookside) - Modern Italian
Earl’s Premier (Brookside) - Oyster Bar and Crudo
Farina (Crossroads) - Oyster Bar and New Italian
Tannin (Cross Roads) - Wine Bar
Cheval (Midtown)- Cocktail Bar
Mercury Room (Crossroads) - Cocktail Lounge (mostly for the view)
Hey Hey Club (East Bottoms) - Speak Easy
Kara Nori (Crossroads) - Handroll Sushi Bar
Harry’s Country Club (River Market) - Old School American (Chicken Fried Chicken and amazing whiskey selection)
Monarch Bar(Country Club Plaza) - Cocktail Bar
Harry’s Bar and Tables (Westport) - Good Bar food and Cocktails
AJ’s (Westport) - Mexican Brunch
Noka (Martini Corner) - Japanese Farmhouse (upscale dining)
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food recs for SA that are mostly central
- con huevos tacos, not overrated get some
- regio cafe, no frills, excellent tortillas
- reese bros bbq
- beacon hill deli
- shiro sushi
- magpie
- merci jones + hotjoy
- little death
- franks asado los norteños / los norteños pollo asado
- petit coquin
- puro taco
- la fonda on main
- ranch motel bar
- barbaro
- lovers
- taco haven (the haven)
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@matthewdmarsden Texans should vote for the candidate that aligns best with their values— for plenty of Texans that includes the importance of the American-Israeli relationship, of which Senator Cornyn has been a stalwart advocate for decades.
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People in Texas should be voting for what is best for Texas and the USA, not Israel.
What a bizarre thing to say.
Brad Fingeroot@FingerootB
Paxton is clearly still the favorite, but Cornyn is not out of this race. If you’re a registered voter in TX, EV is over but you can still vote on Tuesday, even if you didn’t vote in the primary. A Talarico-Paxton general is bad for Texas, bad for the US, and bad for Israel.
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Paxton is clearly still the favorite, but Cornyn is not out of this race. If you’re a registered voter in TX, EV is over but you can still vote on Tuesday, even if you didn’t vote in the primary. A Talarico-Paxton general is bad for Texas, bad for the US, and bad for Israel.
Gabby Birenbaum@birenbomb
Final count of early voting + mail now that the EV period is over in the Texas Republican runoff. These counties cast >25k Republican primary votes in March. Pretty solid turnout in Travis/ Lubbock/Harris/Bexar SOS reports ~829k votes total; primary was 1.3M early+mail #txsen
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@molzer @ex_raritas I’m in KC next weekend for a wedding and have dinner open Friday, helpful list 🫡
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@ex_raritas Anjin & Antler Room not being on this hurts the validity; however this is great outside missing those 2
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I prefer the big four.
Tyler Austin Harper@Tyler_A_Harper
In which I make the case that Miller Lite is the anecdote to the decadence of a professional class that constantly chases novel gustatory experiences and has come to confuse this empty, hedonistic quest with being cultured. theatlantic.com/culture/2026/0…
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@robbiehendricks The absolute best use of FF and credit card points is international business / first. Not at a point I can justify paying cash, but it’s where ~all my miles / points go
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Now FWIW, I’ve never pulled the trigger on first for international.
First time will be this year for my wife’s 40th.
Can’t wait to snooze and not arrive completely exhausted 😅
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Welp, I guess I’ll say it:
I pay for 1st class when I fly for work.
I’m tall. Coach kills me. I feel cramped and really can’t get much done.
Instead, I can get in 2-3 hours of good work up front.
It’s productive with no distractions.
Worth the $200-300 extra for me.
StripMallGuy@realEstateTrent
Some of the richest folks on the flight happily walk by your business class seat on their way to 21A.
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@HowardRoark90 @rohde88 Yield-on-cost may be unlevered by definition but “yield” can be either levered (CoC / “cash yield”) or unlevered (YoC). There’s nothing redundant about clarifying that he’s referring to the latter.
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Yield on cost is important as a baseline metric because it shows the raw, unlevered return a project generates on the total capital actually spent to create or improve the asset
That aside, I’m saying it’s redundant
No serious player would say it like that
But then again, that’s why he’s sub-institutional
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Please don’t do this
Don’t call Yield on Cost “unlevered yield”
Yield on Cost is mathematically unlevered by definition
Can’t believe these accounts have such large followings 🤦♂️
Moses Kagan@moseskagan
A little more context: Via ReSeed, the platform some partners and I started ~3 yrs ago, I am now seeing sub-institutional multifamily and industrial deal-flow across like 15-20 markets. We have standardized the modeling and underwriting assumptions (allowing for regional variation supported by data), which allows us to make apples-to-apples comparisons. While the yields tend to cluster around 7% unlevered, bc that's roughly the floor we're willing to accept, the differences in the types and magnitudes of risk we have to take to get there are *wide*.
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@BarredinDC I can squint and see it if not introduced as an undergrad when the natural alternative is Doms or whatever rather than Skeeps / Ricks / Cantina
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I hate to call out bars that are currently open, but here's a couple that I hate or love to hate
1. Bar Louie, Washington, DC
2. Tom's Watch Bar (Chinatown), Washington, DC
3. Buffalo Wild Wings, Washington, DC
4. Bad Time Charley's, Ann Arbor, MI
14. The Pug, Washington, DC
Russell de Leon@ruckusdeleon
@BarredinDC What are your bottom 5?
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@PerrySolem FWIW, it’s not really two jobs — Kennedy Lewis is the manager of Millrose
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it also appears their ceo has a 2nd job running Kennedy Lewis, sweet deal, how do i get two ceo-level jobs?
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Claude: build a machine to create more housing in parts of Florida where people need more. Make no mistakes.
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In case you didn’t know, Suh is a ball knower.
Ndamukong Suh@NdamukongSuh
Everyone wants more housing. Until it’s time to actually build it. The shortage isn’t supply. It’s the system that decides whether supply gets built.
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Brad Fingeroot ری ٹویٹ کیا
Well, the ROAD to [Less] Housing Act is back on the radar it seems.
Reminder that this bill effectively bans construction, not just acquisitions, and creates enormous new bureaucratic red tape over housing.
JD Vance@JDVance
The American Dream doesn’t belong to the highest bidder on Wall Street. It belongs to the American people, who work hard, save up, and play by the rules. I applaud President Trump’s leadership on this issue and urge the House to pass this bill.
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@robbiehendricks @andyantiles_ OP’s post reads like he knows people who are in trouble buying at the peak 3-4 years ago and is (wrongly IMO) extrapolating that it means it’s a bad investment today.
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@andyantiles_ Buy something at the right price, it’s not cooked.
Buy something at the wrong price, it’s always cooked.
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Mobile home parks are cooked
I spoke to a guy over the weekend who raised capital in 2019-20 to buy mobile home parks and crushed it
Selling all his assets now
Said the market ran and the music has stopped
If you’re buying these assets in 2026 you’re going to get smoked
It’s the equivalent of buying short term rentals in 2021
Instead, I’m buying $100k-$120k single family homes in the southeast
Putting section 8 tenants in there with $1300-$1600 monthly rents
Cash flowing nicely while claiming mind blowing tax deductions
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@jasonc_nc How much would you have to raise prices to not charge?
My non-coffee shop-owning hypothesis is you lose alt milk drinkers for charging extra but you don’t lose milk drinkers by charging the same. While I don’t blame shops for scaling with cost, it may not be profit-maximizing.
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Hi. Restaurant and coffee shop owner here.
Almond milk runs 2.2x the cost of whole milk.
Oat milk is 2.4x, macadamia is 4x and soy is ~2x.
We charge more because it costs us more, not because all of us are engaged in a rightwing plot against people who prefer alternatives.
Daniel Aldana Cohen@aldatweets
It’s just incredibly rightwing and wrong. And while we’re at it, oat milk tastes good. But compared to soy, its such a scam.
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