CRE water cooler chatter. Personal Dox: Industrial platform lead at investment/development shop out of TX.
Texas, USA
Joined May 2022
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StructuralVacancy retweeted
“Well if you look at GDP growth on a Pro-Forma Adjusted Last 2 Weeks Annualized Run Rate Basis, the economy is certainly not in a recession” - The White House, probably
StructuralVacancy retweeted
“If you hang around superstars, good things happen”
-Steve Kerr, championship night
Same goes for business.
StructuralVacancy retweeted
The only group upset about @elonmusk telling employees to return to the office is the media.
I think the employees should be amped. Seeing people in person rocks.
StructuralVacancy retweeted
if your cap rate expands from 3.5% to 4.5% you need ~30% NOI growth for the value to be slightly above purchase price, probably a useful lens for thinking about assets that are fine and ones that might struggle
StructuralVacancy retweeted
We're wired to care deeply about what other people think of us. Worrying about this can influence our life choices and hold us back from living our best lives.
Good continual reminder: everyone's actually focused on their own lives and not thinking about yours.
StructuralVacancy retweeted
Beginners overvalue thinking and undervalue doing—
—Advanced do the opposite.
StructuralVacancy retweeted
Real inventory levels for consumer goods in the U.S.
Demand is plummeting.
As @DiMartinoBooth always mentions.
StructuralVacancy retweeted
Not to trivialize this as an indicator of overall lower demand and slowing, but just some perspective, national industrial inventory is 16 billion sf, 400+ million sf of absorption last year, 3% of inventory is under construction and vacancy is 4%
*AMAZON WANTS TO SHED AT LEAST 10 MILLION SQUARE FEET OF SPACE
*AMAZON AIMS TO SUBLET, END WAREHOUSE LEASES AMID COOLING SALES
👀 @Hedgeye @HedgeyeREITs $AMZN
StructuralVacancy retweeted
San Francisco has about 28% of its total office inventory on the market for lease or sublease.
