We have a full team prepared to underwrite, analyze and provide funding options for your upcoming projects! We have well closed over $100,000,000 in the last year and ready for more before yearend. If you are actively looking at a deal. Send us what you have! We will help you take a hard look at the numbers, provide our feedback & outline what funding options are available. - Up to 75% LTV/LTC on most lending options - Rates range high 5’s to low 6’s - Fixed and variable rates - Interest only options - Nonrecourse available - if you’re building or developing small bay industrial you should be talking to us 🔥 what can we get done for you? [email protected]

Is anyone utilizing AI to analyze deals? I built an acquisitions analyst in Claude to help screen and score deals. I find it extremely accurate and saves me a ton of time. He scores - Pass, Watch, or Go, with a detailed analysis. Love to hear about other's experience.

Cody Payne touched on the importance of rent comps in today's call. Just curious how many people build a sensitivity analysis in their underwriting. I find them invaluable in identifying and mitigating risk. Anyone else, or am I the only quant nerd in the community?

A question for those far more financially savvy than me: Suppose you could pick one park between two. Each park has a 9% yield on cost. The first park has contractor tenants using an efficient build design for your buildings. Rent is $12-$14 per square foot. The second park has retail tenants ranging from youth sports coaching to Internet, startup and interior decorating with a showroom. Building ranges from showroom to luxury level finish. Rent ranges from $16-$20 a square foot. Which park would you choose, ceteris paribus?

I would be interested to hear how people are underwriting development deals in this environment and general strategy, hold period, etc. Land price and build costs in the DFW are making it quite challenging to find deals that are hitting 8%+ yoc as a conservative base case. What spread or other metrics are you targeting for development?