

ASK MIKE MONDAYS - Michael, how do you deal with difficult or unreasonable limited partners AFTER we close?
ASK MIKE MONDAYS - Michael, how do you deal with difficult or unreasonable limited partners AFTER we close?
Real estate is easy; people can be hard. In apartment syndications, general partners need equity. That equity comes from limited partners. Not all limited partners are going to be easy to work with AFTER you close. Setting the correct investment expectations with the limited partners at the beginning of the transaction is very important. Michael also discusses how he has dealt with a challenging investor.
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When you buy a single family house, AND AFTER THE LOAN CLOSES, your lender will not continuously ask for your updated paychecks, bank statements and annual income tax returns. BUT...in apartment transactions…you lender is your single largest partner and needs continuous financial performance information on you and the asset either on a quarterly or annual basis. Updated operating statements, rent rolls, rehab construction updates, immediate health and safety concerns, updated personal financia...
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James Leggate
KEYWORDS Cleveland / Offshore Wind / renewable energy
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A project to build what would be the first freshwater offshore wind energy farm in North America can proceed, the Ohio Supreme Court ruled Aug. 10 in a lawsuit by opponents that challenged its state approval. In a 6-1 decision, ...
August 11, 2022
James Leggate
KEYWORDS Cleveland / Offshore Wind / renewable energy
Order Reprints
No Comments
A project to build what would be the first freshwater offshore wind energy farm in North America can proceed, the Ohio Supreme Court ruled Aug. 10 in a lawsuit by opponents that challenged its state approval. In a 6-1 decision, ...
Dive Brief:
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Dive Brief:
Digital twin technology is getting a boost with a new partnership between Carpinteria, California-based Procore and Amazon Web Services. Digital twins are complex digital representations of physical objects that are used by professionals ranging from contractors to medical practitioners to facility and city managers.
The deal will allow AWS’ proprietary IoT TwinMaker, which enables users to build their own digital twins, to connect directly to Procore’s software and share dat...
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