This is the 14th course in the 16-course Accelerator, and the first of three capstone courses. In this case-based course, you will put in practice what you learned in the previous courses to build an institutional-quality, single-tenant acquisition model from scratch. In this course you will rely heavily on the following concepts learned from previous Accelerator courses:<\/p>\n
You own a small real estate investment firm. Your firm, consisting of just you and an administrative assistant, largely sticks to a value-add multifamily investment strategy. Over the past nine years, you have bought and sold 12 class B and C multifamily properties totally over 1200 multifamily units. Your strategy has been simple. Buy underperforming, older apartment projects in good locations, renovate 70% – 80% of the units, and then sell the properties at a profit. However, as the cycle has matured, it has become ever more difficult to find profitable apartment flips. You are now convinced the market has reached peak pricing and you’re considering putting your gains into a more conservative long-term strategy while you wait for the buying opportunities to return. In addition to placing your own capital in a longer term real estate play, you have limited partners from previous deals who are anxious to redeploy their capital. You worry that if you don’t find a smart opportunity or two in the next 6-12 months, they may place their capital elsewhere. This evening you head to a local CCIM networking event. There, you bump into your old friend and former classmate from business school, Trey Fishman<\/a>. Trey mentions that he is about to bring to market a great single-tenant acquisition opportunity. The tenant, a BBB-rated fitness operator, recently signed a 15-year absolute NNN lease with 2% annual rent bumps. He remarks that this asset would be a great place to park capital through a market downturn. You’re intrigued. While you don’t have direct experience in retail, the single-tenant NNN nature of the lease would make managing this asset simple. Which in turn would both allow you to place a portion of your capital in a steady investment and still have time to seek opportunistic investments. He offers to send you the book, and you gladly accept.<\/p>\n COURSE DESCRIPTION This is the 14th course in the 16-course Accelerator, and the first of three capstone courses. In this […]<\/p>\n","protected":false},"author":134,"featured_media":8979,"template":"","course_category":[369],"course_tag":[362],"class_list":["post-8948","lp_course","type-lp_course","status-publish","has-post-thumbnail","hentry","course_category-accelerator","course_tag-courses","course"],"_links":{"self":[{"href":"https:\/\/www.adventuresincre.com\/academy\/enterprise\/wp-json\/wp\/v2\/lp_course\/8948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.adventuresincre.com\/academy\/enterprise\/wp-json\/wp\/v2\/lp_course"}],"about":[{"href":"https:\/\/www.adventuresincre.com\/academy\/enterprise\/wp-json\/wp\/v2\/types\/lp_course"}],"author":[{"embeddable":true,"href":"https:\/\/www.adventuresincre.com\/academy\/enterprise\/wp-json\/wp\/v2\/users\/134"}],"version-history":[{"count":0,"href":"https:\/\/www.adventuresincre.com\/academy\/enterprise\/wp-json\/wp\/v2\/lp_course\/8948\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.adventuresincre.com\/academy\/enterprise\/wp-json\/wp\/v2\/media\/8979"}],"wp:attachment":[{"href":"https:\/\/www.adventuresincre.com\/academy\/enterprise\/wp-json\/wp\/v2\/media?parent=8948"}],"wp:term":[{"taxonomy":"course_category","embeddable":true,"href":"https:\/\/www.adventuresincre.com\/academy\/enterprise\/wp-json\/wp\/v2\/course_category?post=8948"},{"taxonomy":"course_tag","embeddable":true,"href":"https:\/\/www.adventuresincre.com\/academy\/enterprise\/wp-json\/wp\/v2\/course_tag?post=8948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}PROPERTY TYPE<\/h4>\n
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SOFTWARE RECOMMENDED\/REQUIRED<\/h4>\n
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EXCEL PROFICIENCY REQUIREMENT<\/h4>\n
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