Has anyone used or encountered underground detention with flex? Curios to hear your experiences if so. Thanks!

I urge you to be very conservative in your underwriting. Have stress tests on current interest rates for construction debt, LTC ranges and especially what refi rates might look like when you get to a stable asset. Deals die mostly because of a lack of cash to get through short term challenges. With what's going on with 10 year treasuries, Fed, inflation, etc. it's incredibly important you prepare every deal for some challenges in the next couple years. I'd rather pass on something than hand over keys to the bank in 2030 while seeing the equity evaporate. I'm sharing this post in place of @Christen Bryant who would otherwise be saying it, but fortunately is on a much deserved holiday with her husband and kids!

Hello, I am scheduled to arrive at Houston Intercontinental Airport (IAH) on September 29, 2026, at ~3:15 PM CT. If anyone attending the conference is interested in sharing a ride from the airport to the conference/Sugar Land, TX, please feel free to contact me. Thank you.

Does anyone have any recommendations for insurance brokers? Have a new project in predevelopment stages north of Atlanta, and need insurance quotes for during construction as well as post stabilization.

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