If you anted to acquire mainly office buildings typically over 50 million USD in value where and how would you start?
Asset location may be USA, Canada London.
[{"id": "efj2zz3", "text": "I\u2019d probably start with fundraising I guess", "replies": [], "depth": 1}, {"id": "efj3ksz", "text": "If you\u2019re asking this question - don\u2019t. ", "replies": [{"id": "efjc6zj", "text": "Agree w this guy. For others who may be browsing- I\u2019m a lender on the west coast who specializes in $20M+ bridge and permanent financing. PM me if you\u2019d like to run a deal by me. ", "replies": [], "depth": 2}], "depth": 1}, {"id": "efj58ea", "text": "Are you a college student or an 18yo sheikh?", "replies": [], "depth": 1}, {"id": "efj5wbp", "text": "Not on reddit.", "replies": [], "depth": 1}, {"id": "efj6uy3", "text": "1. Research your target markets (get down to the neighborhood level).\n\n2. Find a good local buyer's agent who knows your target market and can give you the jump on assets coming to market.\n\n3. Get commitments for at least 30-40% of your expected purchase price in equity capital.\n\n4. Find a target asset, put together the prospectus, firm up equity commitments, and solicit term sheets from debt capital providers for the remaining necessary purchase funds.\n\n5. Submit a bid for the asset and hope for the best.\n\nConsider that throughout this process, the other parties you work with will be looking at your experience when determining whether they want to work with you. Your capital providers (debt and equity) will want confidence in your ability to deliver. As other comments indicated, your asking this question would introduce a significant amount of doubt in your ability to manage the process and deliver.\n\nGood luck.", "replies": [{"id": "efjeavs", "text": "Thanks. I focused on #4. I've done tens of millions not hundreds of millions in commercial sales.\n\nThe leap from small companies to institutional, medium to large companies.\n\nFinancing not needed. I will mandate a reputable law firm to write the request for to engage addressing the principles for prospective assets. This is for the credibility since I'm just breaking in. \n\nThe key for me is finding the right person and proving I'm credible", "replies": [], "depth": 2}], "depth": 1}, {"id": "efjk4zd", "text": "Where are you adding value to the deal.", "replies": [], "depth": 1}, {"id": "egd5sf4", "text": "Who\u2019s money? Yours? If you\u2019re the equity go find a syndicator who\u2019s familiar with local markets and structure a jv with them to acquire an asset. Them the GP, you as the LP.\n\nIf you\u2019re asking this question as wanting to buy an asset as the syndicator... well the other guys here pretty much summed it up...", "replies": [], "depth": 1}]