Retail CRE Broker | President & Founder @sturbridgecre |🤘🏼alum | Mötley Crüe + MUSE megafan | third coast livin’
Houston, TX
Joined June 2022
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This is what it’s like going into a commission only CRE job at age 22, when your friends are all taking salary jobs
Then leaving a big name shop to start up a CRE brokerage company at age 42 when all brokers tend to stay where they are
Still amazed I had the chutzpah to do both
Mountain goat leaps across massive canyon without hesitation 😨
Readers added context they thought people might want to know
This video is AI-generated. Real mountain goats are agile climbers but the extreme canyon leap, physics & motion show clear AI artifacts (unnatural jumps, cinematic style). reddit.com/r/isthisAI/com…
I’m kicking myself after failing to tune into Houston AM sports radio the Monday morning after the Texans fell to 0-4 and lost to the Cowboys
Callers on a day like today are absolute peak entertainment, untouched
The only way to top it is if we lose to 0-4 Titans this weekend
This is a shame, I eat at True Foods maybe once a month and appreciate their healthy first options
That being said, from my one location experiences, I can feel the ground shift in management, and I’m critical of their approach to waiter image. If you’ve dined there you know
True Food Kitchen has filed Chapter 11. The company plans to close 12 locations, leaving it with 34. It plans to initiate a sale process.
The company was created in 2008 by restaurateur Sam Fox and Dr. Andrew Weil, with Oprah and Howard Schultz among its early backers. The concept’s mission was to serve healthier food.
The company has $42 million in debt and blamed a host of factors for the filing, including management turnover, frequent changes in expansion strategy, shifts in brand strategy that often strayed beyond its core mission, a few weak locations and naturally the pandemic.
Htown folks - wifey and I went to dinner at Urbe tonight. My lawd I almost forgot how great this place is, easily the best casual dining Mexican spot in town
For that matter, all of the Ortega restaurants are wonderful, but this one doesn’t require a reservation
¡Muy sabroso!
I spent zero time digging into the details of this, but snap initial reaction is “how does a retailer that’s more or less a monopoly go bankrupt”?
And then I remember the pain of doing a lease deal with them, and suddenly my soul is at ease.
reuters.com/legal/litigation…
My wife’s hosting a hen house tonight, numerous women in her family arranging to host an engagement party for my nephew
This is big in Italian world. They live for this
They arrived at 5 PM. I’ve since been watching NFL with airpords in, casually drinking wine to ignore them…
My beloved Astros go 81-81, skate by to win the AL West, and onto the playoffs with a clean slate, just as good a chance as anybody of making a run to the World Series
LFG…What a country!
Texas vs Tennessee in the uplands. Weather is perfect. President himself is on the scene. First time ever game between the teams. Neyland open & selling drinks starting at 9 AM.
This is pure showtime 🍿
I’d say coin flip game, but Trump will pick the Vols, so I’m Horns by 10
Selene ⬇️ is out here spittin’ truth
In my 47 years old. I have seen the golden arches devolve from a place kids enjoyed so much they held birthday parties at McD’s (yes this was a thing in the 80s) in colorful, stylish stores to depressing food distribution toaster boxes today
McDonald's is spending 8.5 billion dollars to find out why families stopped coming.
I can save them the 8.5 billion.
They took out the playground.
The plan, announced Wednesday at investor day. Better food, faster service, new equipment, AI tools, hospitality training, and a bigger push into chicken and beverages. They call it Next. The goal, they say, is making customers feel more comfortable.
Wall Street loved it so much the stock fell 5 percent to its lowest since 2022.
Over five years McDonald's shares are down 3 percent. Burger King's parent is up 14. The owner of Taco Bell and KFC is up 13.
This is not a hamburger problem. This is a McDonald's problem.
So let us talk about who used to eat there.
Parents. That was the whole business. Parents at 5:40 on a Tuesday with three kids in the back and nothing thawed at home.
You did not go for the burger. You went because your kids could run screaming through a plastic tube for 40 minutes while you sat with a coffee and experienced silence.
That was the product. The food was the cover charge.
The first PlayPlace opened in 1971 in Birmingham, Alabama, and for fifty years it did one job. It made small children demand to go to McDonald's.
Then 2020 arrived, every play area in the country closed, and a great many never came back. The equipment came out during a remodeling program named Experience of the Future.
The Experience of the Future turned out to be a touchscreen.
Their own chief executive said he did not know if ball pits were in their future.
Sir, you were not selling ball pits. You were selling forty minutes.
So now there is no counter, no playground, and no reason for a seven year old to want to go. A screen, a window, and a bag.
And for that we pay prices that require a moment of reflection in the parking lot.
For thin, overcooked, oddly uniform pucks that taste like a memory of beef.
I did not love them because they were good. I loved them because I was eight and there was a slide.
And have you seen the new buildings.
The old ones were unmistakable. Red roof, yellow arches, legible from a highway at 70 to a child who could not yet read.
The new ones are a flat gray box with a small logo and a drive through wrapped around it. A regional claims office with a fryer.
They removed the color, the characters, the counter, and the playground, and then hired consultants to find out why it no longer feels like anywhere.
Which is why, when I have to eat fast food, I go to Chick-fil-A.
Not for the politics. For the competence.
They have led the customer satisfaction index for fast food eleven years running, and average 8.5 million dollars per location against McDonald's 4 million.
More than double, while closed on Sundays. Fifty two days a year with the lights off, and still double.
A seventeen year old hands you a bag and says my pleasure and means it about 70 percent, which is 70 percent more than a touchscreen has managed.
McDonald's is spending 8.5 billion on hospitality training.
Chick-fil-A earns 8.5 million per restaurant by just having some.
So here is my consulting proposal, free of charge, on behalf of mothers everywhere.
Put the playgrounds back.
Not a nostalgia campaign. Not a retro cup. The structure. Tubes, slides, a door the kids cannot open from the inside, and a bench where a tired woman can sit.
And understand what you are buying, because it is not lunch.
A six year old does not know your food is bad. He has no basis for comparison and no functioning palate. He thinks the burger is incredible because he is standing in a castle made of tubes.
That is the window. That is the only window you get.
You catch them before the taste buds arrive, and thirty years later they drive past your sign, feel something they cannot explain, and pull in anyway.
That is not a menu strategy. That is imprinting, and you shut it down in 2020 to save on cleaning.
Eight and a half billion dollars for AI tools and hospitality training.
Or a slide.
🦋
For me personally as a kid I was a tertiary customer most of the year. McD’s is not about quality, that was the job of a local made to order real burger joint my dad would take me to
When I became a frequent flyer was during Monopoly season. That was my jam, chasing that thrill
Last night a package arrived from Nordstrom with a shoe box from my fave brand w/ recently ordered sneakers
Today I wore said fresh kicks to the office - I’m magically 10x my typical swagger
There are a few material joys in life, one of them is a brand new pair of stylish shoes
My beloved Astros are 78-79, yet in first place, likely to win the division and move onto the playoffs, where anything can happen in a short series
God bless the inferiority of the AL West
We’ve seen way too much cause for alarm in this crowd in operations, particularly in the past 2 years, as customers are just not there w/ any discretionary spend power
Too many recent 20+ year tenant failure stories
Makes for a very tough assumption process in my underwriting…
⬇️ is about as honest as it gets on Twitter
If you’re 40-55, I’d take the time to read this, see if it hits you the same way it hit me just now
It organically evolves from 90s music rant to political call to arms to human appeal.
Epic
Nice to know I’m not alone in these times