On this solo episode, Chris breaks down what would cause someone to sell an investment property or cash-flowing asset. He also discusses why different entities will decide to sell, such as funds or merchant developers. He stresses the importance of...
On this solo episode, Chris breaks down what would cause someone to sell an investment property or cash-flowing asset. He also discusses why different entities will decide to sell, such as funds or merchant developers. He stresses the importance of building a track record of selling, and how that played into the success of Fort Capital. He also discusses the process by which Fort Capita approaches a sale and experiences they've had. Enjoy!
Follow Chris on Twitter: www.Twitter.com/FortWorthChris
Learn more about Chris Powers and Fort Capital: www.FortCapitalLP.com
Follow Chris on LinkedIn: www.linkedin.com/in/chrispowersjr/
Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/
(01:57) - Who and what are we selling?
(02:30) - What are some reasons to sell?
(04:10) - Misalignment & Partnerships
(04:59) - You’re Doing Larger Deals
(05:43) - Satisfying Estate Issues
(06:09) - The Market is High and The Offer is Great
(06:38) - There are Better Opportunities for Capital
(07:18) - Taking Profits
(08:55) - Changing Market Conditions
(10:31) - Cross-Collateralized Deals
(11:10) - Taking risk Off The Table
(11:26) - Real Estate Depreciation
(12:05) - Investor’s Preferred Time Horizon
(13:13) - Tax Reasons
(13:38) - Why funds, REITs, and Merchant Developers Will Sell
(15:01) - You’ve Aggregated Enough Assets
(16:12) - What does selling do for an investment company?
(18:15) - Building a Track Record
(23:04) - Ownership Types and Incentive Structures
(30:08) - Fort Capital’s Experience in Selling Portfolios
(32:29) - The Process by Which Fort Capital Sells
The FORT is produced by Johnny Peterson & Straight Up Podcasts.