Market Values of Your Current Investments

[Account Closed]

It's a difficult time to be an LP, particularly those that invested between 2021 and 2022. You're likely reading the headlines about commercial real estate distress and wondering how your investments are doing. Kudos to the sponsors that are being transparent but many sponsors are not, and continue to provide the "we are not distressed" messaging up until the day that they send a capital call request to investors. Unless it's a catastrophic capex related issue, the need for a capital call does not come up overnight for sponsors and neither should it for LPs. 

To help LPs wondering what the market values of their investments are today, I thought it would be beneficial to have a thread where LPs can ask for valuations on specific properties and the sponsors in this forum can opine. By no means would these be exact estimates and they should not be solely relied on but with high level information, I think most sponsors would agree that they could provide feedback fairly accurate assessments within +/- 5%. We subscribe to a market research platform called Yardi which only provides information on multifamily properties 50 units and larger so if you are invested in a property that is 50 units or more, I would happy to provide quick "back of the napkin" valuation and methodology. You can DM me as well but there are many experienced sponsors on this forum that I think collectively can provide valuable feedback across the whole country.

[Scott Trench]

What if BP went one by one with active syndicators, subscribed to this service, and performed the analysis on current portfolios? This could be valuable to LPs. We would have to make sure the Yardi team was ok with this first, however. 

@Lindsey Buxton - this might be super valuable for our PassivePockets product.