Activity
Mon
Wed
Fri
Sun
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
What is this?
Less
More
12 contributions to Small Bay Industrial Basecamp
9d •
Refinance Cap Rate
I am in the process of refinancing a 5 unit building and was caught off guard when I saw that the appraiser used a 9% Cap Rate. Be careful with your underwriting in this market. I would hate to see your deals go upside down. The appraisers and lenders see this shift first. Talk to them often.
1 like • 9d
@Yog Melwani What market are you in? In well located DFW submarkets, brokers have been talking 7-7.5%. Lenders (at least the originators) have not pushed back on this when discussing generally.
1 like • 9d
@Yog Melwani I was looking at the SOFR forward curve this morning- not pretty. Obviously treasuries have been spiking. Most asset types have been trading very tight in the DFW but likely smart to add some cushion exit.
26d •
Water Detention
Has anyone used or encountered underground detention with flex? Curios to hear your experiences if so. Thanks!
0 likes • 11d
@David Gorman great data point. What price PSF do you target for land acquisition?
27d •
Septic
I am looking at a development site that would need septic. Assuming i have a bathroom in each suite with appx. 30 suites, does anyone have a general rule of thumb as to how large septic field would be, assuming good soil that percs? the site is 5 acres. separately, has anyone looked into/or built a project that has a shared amenity suite? thinking maybe there could be 2 restrooms in the amenity suite to serve the tenants if a septic field for 30 bathrooms is not feasible. Thanks for responses in advance!
2 likes • 26d
I was actually on a call with septic contractor and an engineer discussing this exact thing. I am new to septic so still learning. In Texas, TCEQ governs most requirements and spec it out based on product. This morning I was told told for each 1,500 SF unit to assume 5 gallons for each user and to assume 16 daily users. Happy to connect and share more as I work through this. But as Yog said, it will really be dependent on your jurisdiction.
Sep 16 •
Small Bay Feasibility
I have been going back-and-forth on a 96,000 SF development. I did my due diligence, but the market data that I could find was sparse at best. So I delayed...and delayed. I just couldn't get comfortable and my lender was asking questions that I just didn't have data to support. Finally I engaged Wayne Bares and Cody Payne at Small Bay Feasibility to build a feasibility study that would give me the data that I needed to feel confident with the project. The Feasibility study they provided is very comprehensive. It supported many of my assumptions, and provided a list of conditions that I need to address to improve the chance of success. My lender loved it and I now have real data, provided by an industry leader, to support my investor pitch deck (not just assumptions). I have always been a value-add investor and have that process down. Now I have the resources and confidence to jump into developing a larger small bay complex. If you are experiencing the same challenges finding real data in your market to support your small bay development, reach out to Wayne and Cody. It is worth the conversation. wS
2 likes • 29d
How did you feel about the level of data on supply pipeline? That seems like one of the hardest data points to feel comfortable about with this project type.
Aug 29 •
Curious…How many people watch the call recordings?
The call recordings take time to prepare. Not many people are watching them, so I am considering cutting them. For example, last week’s video only has 20 views. Who is actually watching the calls and are they helpful?
1 like • Aug 29
I plan to watch the last recording that I missed.
1-10 of 12
@cary-williams-4473
Director of Acquisitions for Web City Properties - Focusing on flex industrial development in the Dallas/Fort Worth Area
Active 1d ago
Joined Aug 20, 2026
Powered by