Founder of @Foresitecre. A team of 30+ retail investment sales specialists, property managers and leasing agents based in Texas.linktr.ee/bbabcock San Antonio, TXJoined April 2022
I don't care if you are never going to be an LP or a GP.
If you are a leasing agent or an investment sales agent you need to understand this info. It is how our clients are operating and we need to have a firm grasp and understanding of it so we can better serve them.
I don't care if you are never going to be an LP or a GP.
If you are a leasing agent or an investment sales agent you need to understand this info. It is how our clients are operating and we need to have a firm grasp and understanding of it so we can better serve them.
We asked our 5 property managers, each with 15-30 years experience, what they wish they could tell developers before building a shopping center.
Some of the things may surprise you.
Article coming soon in our quarterly research report. DM your email if you want a copy.
Brokers, lawyers, landlords, tenants … all have their say in the lease docs.
You know who is never asked what they think about a lease before execution?
Property managers.
The ones who have to actually manage the relationship and enforce the document for the next 10-15…
THEY.
It’s a bit of a trigger word for me.
“They should…”
Usually precedes an action or change that some unnamed group or individual is expected to make.
They should….
“Make this easier to access….”
“Lower these costs….”
“Come up with a solution”
THEY is the…
Name a retailer that was taken private using leverage that didn’t go bankrupt within 10 years of acquisition.
Is my view biased due to the fact that success stories don’t make headlines? Or is the cynicism merited?
Me: “Lots of veggies in the garden and eggs in the coop. I see the meat I cooked was not touched. What did you all eat instead while I was gone?”
6 year old: “sugar cereal. But you can’t be mad because we brushed our teeth. Also you are so pretty and I almost forgot what…
Obnoxious travelers on southwest flights…. You know we are all on a budget airline right?
None of us have a town car picking us up outside the airport, we aren’t allowed to get our feathers ruffled when the free snacks are delayed due to turbulence.
Thanks to @realEstateTrent I got to meet a lot of people from this app in real life this past week.
You know what I found out? Everyone is pretty much exactly as they seem online.
Kind, helpful, funny….
I’ll be honest, I wasn’t expecting that.
Now the LinkedIn pics,…
Checked a lot of things off my bucket list and tried lots of new things this week.
✅ traveled to nyc 🚕
✅ saw a broadway play 🎭
✅ stayed for the after party after a major social event🍾
✅ uploaded a picture of myself to Twitter like an influencer 😂🫣
✅ walked Central…
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