Executive to InvestorJuly 15, 20267 min read
How to Invest in Real Estate Without Being a Landlord
Being a landlord is one way into real estate, not the only one. Here are five hands-off paths and the honest way to tell which is actually passive.
From the underwriting desk
Notes & commentary.
Investment thesis, market commentary, deal stories, and the occasional argument with conventional wisdom. Written for accredited LPs who want to understand the work, not just the numbers.
The Operator's PlaybookJuly 13, 20267 min read
The Four Things That Decide a Fix-and-Flip Loan
The label on your flip loan tells you almost nothing. Four measurable things do. Here is how to judge any lender before you sign.
Executive to InvestorJuly 8, 20265 min read
Debt Fund vs. Real Estate Syndication: Two Very Different Investments
Both get sold as investing in real estate. They sit on opposite sides of the same deal. Here is how to tell which seat actually fits you.
The Operator's PlaybookJuly 6, 20267 min read
Fix-and-Flip Loans in Connecticut: How to Finance Your Deal
Fix and flip loans in Connecticut come in five flavors, from your own cash to a local operator-lender. Here is what each really costs and how to finance your deal.
Market CommentaryJune 29, 20268 min read
The $2 Trillion Maturity Wall Is Real and Coming Due. Not a Dollar of It Is Ours.
The commercial real estate maturity wall is a problem of duration. A 12-month flip loan removes the duration, so there is no cliff to hit.
Debt FundJune 15, 202611 min read
What Is a Real Estate Debt Fund (and Who Wins)
A real estate debt fund lends money secured by property instead of owning it. Here is how it works and why both sides of the table win.
LP EducationMay 18, 20267 min read
Your Non-Recourse Loan Isn't Non-Recourse
Bad-boy carveouts flip non-recourse debt to full personal recourse. Here's what every LP should ask before wiring.
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