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hitsamty

@hitsamty

Founder @ ten31 Media. Ex ๐Ÿ‘‘ of Content @ The Real Deal. Sign up for The Promote - CRE's most plugged-in and entertaining email โ€“ now ๐Ÿ‘‡ https://ten31.beehiiv.com/

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14.11.2024
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Latest posts by hitsamty @hitsamty

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they've appended an editor's note up top

03.12.2024 22:51 ๐Ÿ‘ 1 ๐Ÿ” 0 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0
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Tides Equities Distress | BlackRock HPS | Greystar Modular BlackRock to eat HPS, Wertzberger's W'burg wager & Starwood's credit bid postgame

"They must suffer, as I suffered. They must see their world, all they hold dear, ripped from them.โ€

Starwood is now coming after Tides' founders personally over guaranties, a new chapter in the multifamily syndication saga

ten31.beehiiv.com/p/tides-prin...

03.12.2024 18:18 ๐Ÿ‘ 0 ๐Ÿ” 0 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0
x.com

IF new to this whole drama, here's a primer x.com/hitsamty/sta...

27.11.2024 01:19 ๐Ÿ‘ 0 ๐Ÿ” 0 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0
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Nightingale's Elie Schwartz To Face Federal Charges As Soon As Next Week The arraignment, set for Dec. 4 in Atlanta, is the first time the DOJ is taking official action against Schwartz.

Elie Schwartz, the man at the center of CRE's biggest-ever crowdfunding scam, to face the federal music next month
www.bisnow.com/national/new...

27.11.2024 01:18 ๐Ÿ‘ 0 ๐Ÿ” 0 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 0

Scenario described in the screenshot assumes the 15% is sacrosanct and will translate into higher overall costs for the tenant- I'm not sure why that would be true.

Instead, landlords will squeeze brokers down, and tenants may see somewhat higher rents but end up netting out better

16.11.2024 22:47 ๐Ÿ‘ 0 ๐Ÿ” 0 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0
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Here's the part I struggle with: If the fee burden is placed on NYC landlords (who have leverage w/ brokers) rather than on tenants (who have no leverage), what would likely happen is that the fee just goes down, no?

16.11.2024 22:45 ๐Ÿ‘ 0 ๐Ÿ” 0 ๐Ÿ’ฌ 1 ๐Ÿ“Œ 0
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Inside Syndicators' Favorite Housing Loophole & Mayweather's KO Deal The gift/grift of traveling HFCs, Pretty Boy strikes, plus: Kush's South Florida push

How is a random entity in Garland or Cameron County able to absolve multifamily landlords in Austin or Houston of property taxes? The Promote goes inside an obscure loophole that's become a lifeline for Texas syndicators, and a cash cow for its enablers ๐Ÿ„

ten31.beehiiv.com/p/inside-syn...

16.11.2024 13:20 ๐Ÿ‘ 0 ๐Ÿ” 0 ๐Ÿ’ฌ 0 ๐Ÿ“Œ 0