Get Serious
In this episode, an entitlement deal in the Western US is structured to convert an eight acre parcel into a fully platted 36 home site project, with a national home builder already locked under an LOI. The underlying land runs roughly $2M against a $4M builder LOI, with all-in soft costs of $200K to $300K. Serious Land Capital funds only the soft costs, tranched to milestones, in exchange for a 20% preferred return that accelerates to a 100% preferred (a 2x) on close plus a portion of the promote. Get our exclusive weekly newsletter every Monday at Serious News.Deal breakdowns, AI for operators, behind-the-fund decisions.Operator-to-operator. No fluff.→ https://seriousland.capital/newsletter/ [https://seriousland.capital/newsletter/]#landinvesting #realestateinvesting #entitlements #landdevelopment #SeriousLandCapital
306 episodios
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