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All Forum Posts by: Kris Marmol

Kris Marmol has started 35 posts and replied 71 times.

Post: In search of commercial mortgage broker

Kris Marmol
Posted
  • Developer
  • Concord, CA
  • Posts 87
  • Votes 13

@Erik Estrada potentially, we will have our leasing agents conducting their efforts to attract tenants and position the property to receive income. Ideally, by the time we reach the closing date.

Post: In search of commercial mortgage broker

Kris Marmol
Posted
  • Developer
  • Concord, CA
  • Posts 87
  • Votes 13

@Nick Belsky thank you I will send you a message.

Post: In search of commercial mortgage broker

Kris Marmol
Posted
  • Developer
  • Concord, CA
  • Posts 87
  • Votes 13

@Erik Estrada this is for a existing commercial building that has three units, one is occupied while two are currently vacant.

Post: In search of commercial mortgage broker

Kris Marmol
Posted
  • Developer
  • Concord, CA
  • Posts 87
  • Votes 13

Thank you. Just to clarify this is a existing building that has three units with only one occupant. It is a mixed use commercial building that currently has a hospitality unit, a retail unit, and an office space unit.

Post: In search of commercial mortgage broker

Kris Marmol
Posted
  • Developer
  • Concord, CA
  • Posts 87
  • Votes 13

Hello, we are looking for a mortgage broker to help us secure debt for a mixed use commercial building in San Francisco. This is an existing building with three units, one unit is occupied while the others are vacant. The property is an excellent condition in a great location. We are raising the equity from our investors and are looking for around 5 million in financing. We have established the team and have all available pro forma's and financials available. Please reach out if you are a mortgage broker or a lender that would like to potentially partner with us to acquire and reposition this property. 

Post: Where to find equity partners

Kris Marmol
Posted
  • Developer
  • Concord, CA
  • Posts 87
  • Votes 13

@Amy Heitner thank you, yes, that is great advice. We are working on setting up more meetings with potential investors and their referrals. I had not considered an incentive program though. we have a few investors now and we are trying to find ways to meet more. I find it really difficult with social media to get anyone to interact with my posts about real estate. Are there any groups on social media or strategies you'd recommend?

Post: Where to find equity partners

Kris Marmol
Posted
  • Developer
  • Concord, CA
  • Posts 87
  • Votes 13

@Chris Seveney thank you for that, that is good to know. I've been debating going to a few conferences across the country, but had a feeling it would be tough to find investors there. We have a project coming up that we may consider a 506C syndication to advertise for the investment but would like to have a good investor pool being established. We were able to raise a substantial amount through family, friends, and associates. We are just trying to widen our reach. 

Post: Where to find equity partners

Kris Marmol
Posted
  • Developer
  • Concord, CA
  • Posts 87
  • Votes 13

Hello everyone,
I hope this is the right area to post this. My team and I are in the process of structuring a few deals that we will be looking to raise capital for. There doesn’t seem to be many local meet ups in my area so I am looking for any other suggestions on how to connect with other investors or find passive investors for our projects. Can anyone recommend any good conferences to attend or ways to find more equity partners?

Post: Expanding our network

Kris Marmol
Posted
  • Developer
  • Concord, CA
  • Posts 87
  • Votes 13
sounds great. we’ll be in touch soon.

Quote from @Victor Collazo:

Hey Kris,

I am always up for great conversation. Let's connect. 

https://calendly.com/extraordinaryassets

Victor Collazo


Post: Expanding our network

Kris Marmol
Posted
  • Developer
  • Concord, CA
  • Posts 87
  • Votes 13

Hello BP members!
my team and I are looking to expand our network and connect with more like-minded investors throughout the country. We primarily focus our investments in Texas, but are always looking for the next great market. Drop a line so that we can connect. We’re looking for lenders, agents, active and passive investors. I look forward to connecting.