GreenAcres

@elonmusk Tytler cycle.

True

@SimpleCRE What about an A+ location in a C market and a 7.75cap rate?

Seeing a LOT of CVS/Walgreens properties come on the market with 3-4 years left on initial term. Give me the right cap rate and a B+ or better location, and I'll take that risk.

@AvivaRealEstate I know guys that make seven figures and if you look at their transactions in costar you’d think they make 250. Not saying that’s the case here but a lot of deals dont get recorded in costar. And some that do don’t capture the brokers.

Today a broker told me that he does ‘hundreds of ground lease deals per year.’ I looked on CoStar. 17 in 3 years. He also hung up on me when I asked about the 5% return. That’s all.

@TCfromUB @PerrySolem I heard back then that Glavins wife got busted screwing the pool cleaner.

@PerrySolem I remember. Lived in St Ives until 9th grade before we moved to “the farm” in the north ga boonies. Glavin was in CCS wasnt he? Smoltz and Chris Chandler were neighbors in st Ives lol. Terry Pendleton. And Mike Tyson’s gf who drove a purple Diablo, iirc. Wonder what its like now

when i was a kid, Country Club of the South was the SHIT. friend just told me this 13,000 sf house on the golf course just sold for $1.8m, $138/sf. "Here’s the entry that led to 30 ft windows overlooking the pool and golf course Fucking stole it in my opinion has this great entry like a hotel so sweet"

@TheRealEstateG6 @cperruna Dang, I have to unfollow now. Way out of your audience profile!

@cperruna Mostly younger. 65% of my audience is 18-34

People are still discussing jobs on here like it’s 2015 That era is over. A decent house in a nice neighborhood is $2 million. Monthly expenses for a very standard lifestyle with a family are $20k If you want any sort of luxury lifestyle, it's own a business or bust

@SpaceCoastCRE Well, according to some young, egotistical broker on here trying to be the best broker in the world, I’m wasting my spare time making sure my front yard looks good.

Looks like it may be a good week!

@AdamHKlein It has been my experience that the most successful do those things the first 5-10 years. Then it is 0 calls per day (if u mean cold) 5-10 meetings per week 0 BOVs 5 deals closed per month

The most successful CRE brokers do the same thing… 50-60 calls per day 3-5 meetings per week 4-8 BOV’s per month 2-4 listings per month 8-12 closings per year Simple, yet difficult

@PerrySolem I’m in Bahamas right now but hit me up next week!

@smellsofbourbon that works too!

i so want a young guy (20s, no family, tolerance for pain) to buy one of these (with some creative capital stack), live in it, run it like a Ritz Carlton (in a resourceful, budget-friendly way), massively grow RevPAR, and launch from there to a multi-state hospitality business

@KyleInserra Hearing about a lot of restaurant closures all over. Bobby Flay was just on CNBC yesterday talking about how difficult the biz is now.

One of my franchisee clients sent this to his CEO and it’s so spot on I had to share. And, he is experienced, has net worth that exceeds that of some entire restaurant franchise concepts. This is how it’s going - 6months into our site search #restaurants

@RandallHouseRE @jchal 90% renewals??

@jchal Where did they come from?

We signed 150+ commercial leases in 2025. Maybe three came from Poopnet. Sorry, I meant Loopnet.

Called a commercial agent today regarding a $3.1 million listing in an A+ retail corridor. An automated voice answered saying ‘this subscriber has a voicemail box that has not been set up yet, goodbye’. How is this possible?!!! 🤦‍♂️

@Jeffdeehan That’s a helluva day! Congrats 🍾

Yesterday was my birthday. Small bay project approved at planning commission, then got to come home and do this. I’ll take it.

@MassimoGroup About half of last year. (Last year was good!)

If nothing changes, what does your commission income look like in 2027?

@AdamHKlein What is the WALT? Are there 40 tenants????

If I had a 60K SF multi tenant industrial property with $12/psf gross rents and month to month leases. Market rent = $20/psf avg Needs new roof in next 5 years ($500k) Great (A-) submarket NOI $280k 40 - 1500 SF bays What’s it worth? 💰

@TrailerParkGuy @RetailDevDude Higher demand from larger buyers willing to pay more. There is a much larger number of individuals, reits, syndications, GPs, chasing industrial for the past 6 years. I’m not as familiar with retail other than the fact that in Atlanta it is mostly full and prices haven’t dropped

@smellsofbourbon @RetailDevDude So retail and industrial have more mom & pop owners? Help me understand how those are pulling higher bids

Selling CRE has become considerably harder every year since 2023 From 2020-2022 I would have 5+ offers and bidding wars on any deal which a seller would send me a rent roll and an asking price Harder than 2017-2020 too. Sellers didn’t think they owned the Taj Mahal then.

@REDevManager @Chazzym22 And to my earlier point, all were in the business more than 10 years, way more.

@REDevManager @Chazzym22 Those were mostly partners so more like 80-85% went to them

Don’t hate but I believe $1mm+ of consecutive annual commission production is the threshold for elite broker.

@Chazzym22 @REDevManager In the Atlanta mrkt, pre-Covid, our top brokers were grossing $600-900k annually (40-45 brokers). Only starting in 2022 were the top 3-4 grossing over $1m. Now more due to rents and pricing more than doubling, not because of more transactions!

@REDevManager @smellsofbourbon Yea. Exactly.