Joined March 2018
56 Photos and videos
Grant retweeted
they're launching a memecoin
Iranian state TV warns of a ‘major surprise’ tonight, one it claims the world will ‘remember for centuries’, as Tehran issues new threats amid rising tensions.
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25 Sep 2023
10 yr at 4.5%… @jefffeldman will not be pleased coming off of high holiday.
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16 Aug 2023
Just got an email that JPM is offering 6 month CDs at 6% yield on cost $ (5m min)
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Grant retweeted
Just randomly browsing costar (as one does) and don’t think people comprehend the scale of institutional ownership of no cash flow commodity office bldgs but can’t/won’t sell because debt so good and not far enough along deploying subsequent funds to mark down assets < 1.0x moic
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31 May 2023
I still contend that the only reason the eagles lost this last Super Bowl is bc they did not enter to dreams and nightmares youtu.be/YkCNccr_z94
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20 May 2023
Listening to manus on @TreppWire pod go through the office special servicing list had similar vibes / tempo to a AM radio host go through school closures on a snow day.
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11 Apr 2023
Leads time a public school project is experiencing as of March 2023. Same boat as everyone else but with public money. Brutal.
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29 Mar 2023
Excited to be a part of this one:
The Onix Group will build a $90 million, 14-story building in Orlando dubbed the Gateway. Here are the details. bizjournals.com/orlando/news…
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27 Mar 2023
Anyone having luck w Pace financing these days for ground up? Seems compelling now given 10 yr lower and price over that for const. Some flex prepay too. not sure if the lenders are warming up to it. hit or miss with the banks given it primes them. @jefffeldman @butteredIRR
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28 Mar 2023
Kinda crazy. heard today from a pace lender that banks are actively reaching out to them see about taking pieces of existing deals to reduce their exposure
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Grant retweeted
Tabulation of ongoing real estate defaults.
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16 Mar 2023
When do they downgrade c-suisse? Isn’t that a trigger / problem given all their counterparty obligations etc?
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16 Mar 2023
They’re only a smidge above junk.
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14 Mar 2023
Gotta imagine if a company like Intrafi Networks was publicly traded it would be soaring. Like zoom at Covid time.
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Grant retweeted
Two best charts I’ve seen from JP Morgan to explain what happened and shows you how unique Silicon Valley Bank was that led to blowup.
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Grant retweeted
The greatest misallocation of resources over this cycle, even more so than crypto, memes & SPACs, was the drunken sailor spending of the US Govt. This was enabled & pushed by low interest rates. If Powell is serious, he can’t back off until there is fiscal reform in Washington.
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Grant retweeted
The risk for $SIVB is that deposit outflows accelerate at such a pace that it is forced to either raise equity capital and/or sell down its HTM securities portfolio, thus realizing substantial losses. You can bet that $SIVB is praying for a Fed pivot! 8/10
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7 Mar 2023
I guess what they’re saying about transactions volume being down is true
SALE IMAGE: Mike Sezan DATE: 02/27/2023 ADDRESS: 201-09 Hollis Avenue MARKET: Saint Albans ASSET TYPE: Church BUYER: Celestial Church Of Christ SELLER: Worship Christian Center BROKER: Mike Sezan ... View Post on Instagram: instagram.com/p/CpfZ72Pvhp4/
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6 Mar 2023
Controversial take: Wawa is gross. It's also slowly killing our skilled trades and contractors with it's unhealthy inventory and vices.
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