All Forum Posts by: Morris Layton

My team and I are entering the flex space warehousing sector with a focus on long-term value creation. While this is our first venture in flex space, our group has extensive experience in warehouse design and construction. Our team includes a general contractor, subcontractors, and engineers which allows us to manage projects efficiently from concept through completion.

Our strategy is to develop and own flex space warehouse properties for at least one year, achieve 100% utilization, and then sell at stabilization to realize equity gains and reinvest in new warehousing/commercial developments depending on market needs.

We’re interested in connecting with individuals or firms who have completed ground-up flex space projects in Texas.

How did you structure your capital stack or financing?

What lessons learned or strategies helped maximize returns and minimize development risk?

Any insights or potential collaboration opportunities would be greatly appreciated as we move into this new space.

Thank you very much for taking the time to read this post. Any response is greatly appreciated.

My client has a 2.01 acre undeveloped lot in Sequim, WA. The land is worth around $175k to $200k. He is seeking 70-80% LTV. Please let me know if you can do this deal. Also my client has a 700+ credit score, just a little high on utilization. He needs this funding for debt consolidation and other things. Please let me know.

Below is the property description:

“Huge unobstructed views of Discovery Bay, Mt Baker, & the Strait. The location between Sequim & Port Townsend is just a short drive to either community, with the privacy & quiet that you can't find in town & the well is in already! Great access to many local amenities like the boat launch, Olympic Discovery Trail, Miller Peninsula Park, & miles of trails & beaches. As the neighborhood's highest lot it also features a flat building site, southern exposure & that irreplaceable top of the hill feel”