Best sources to locate developer leads for value-add multi and industrial assets? Trying to locate developers from sources other than LinkedIn.
Trying to locate developers that primarily focus on multi and industrial value-add assets. What are some of the sources that are best to do so? Obviously I’ve tried LinkedIn but there are only so many leads you can make each week. Any relevant or legitimate services catering to this type of search. Thanks!!
[{"id": "htxadb5", "text": "What is a value-add developer?", "replies": [{"id": "htxp1rm", "text": "Value add is one of the principal strategies of real estate investment (the others being core, core plus, and development). Value add is a riskier but more lucrative strategy that involves acquiring an underperforming asset, investing into improvements that can generate increased cash flow (for example renovations, adding amenities, rezoning, turning over tenants, or just leasing up vacancies), and then selling or refinancing and retaining the asset.\n\nIn this case, the OP is referring to investor/developers who specialize in multi-family (apartment buildings, townhome complexes etc...) value add investments.", "replies": [{"id": "hty1ov7", "text": "I know what value add is. Its my focus. Not sure what a value add developer is though but willing to learn if I am not aware of something.\n\nThanks for the explanation though. Thats a very good overview", "replies": [{"id": "hty3sq5", "text": "Oh my bad, I thought you were asking for a definition. Yeah I thought a 'value add developer' was a conflation in terminology as well FWIW.", "replies": [{"id": "htyn18k", "text": "I assume its a good developer who comes in behind a shitty developer and delivers on time", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "htxce66", "text": "Reddit? I do distressed industrial repositions, idk if I'd call it development tho. If that fits DM me.", "replies": [], "depth": 1}, {"id": "htyjbb6", "text": "CoStar -&gt; Deal Makers will show you the biggest developers in your market.", "replies": [], "depth": 1}]