All Forum Posts by: Tanner Queen

Thank you all for your posts. I am working through strategy right now, understanding our true capital gains exposure for this deal, based on our business (past and present) and will keep all in the loop. Best, TQ

I am selling a building, doing a sale-leaseback to keep my operating business in the location under a new lease. I have yet to identify an upleg for a potential 1031 exchange, but what I would really like to do is pull my equity in the building out and reinvest into a large fund. 

What are my options under the DST / TIC rule to transfer equity into the fund, or are there any options at all? I'm not married to the 1031 exchange but I obviously like the idea of not paying capital gains tax on my appreciated value.

Thank you. 

ALL - 

I am one man band with a consulting arm primarily working with family offices. In the past, the family offices have been underwriting and valuing assets with Excel; something I am well versed in and have access regularly. 

More recently, the family offices have been searching for capital or joint venturing with institutional money. The institutional guys are used to ARGUS, and now Enterprise  versus DCF. I would like to continue to work on their projects, and have ARGUS knowledge, but no direct access to the software aside from buying on and continually incurring the expense. Does anyone have any thoughts on how to obtain? Please DM with specific thoughts or post with general comments. 

Thank you! 

- Tanner 

Derek,

Thank you for reaching out. 

They are not, and are proprietary to me. I have spoken to Bruce a number of times and have built a lot of my own models. My wife purchased his APT development model last year but Ive looked through it and without much training on it, its a little cumbersome for these efforts. 

Looking for something simple this go around with easy feeder pages. 

TQ

All - I am working on a rather large portfolio valuation at the moment and would like some assistance on my models. The model I have  been working on has become far too large and crashes every time it opens. I am under a deadline crunch for Tuesday morning. In the links at the end I included the snapshots of the models I have created but things aren't working properly. The format and layout should be good looking as it will be inserted into a presentation. Would be happy to pay or work on future deals. 

Scenarios: 

1) Acquisition of an existing 280,000 SF office building in a major city. a) keep and stabilize as creative office, b) convert to boutique hotel c) convert to residential.

2) Development of a 33,000 SF open lot into a 27 story residential tower. Programming already created by architect partner. 

3) Development of a full city block (almost 3 acres) into student housing or high-end office for adjacent user.

Parameters / Tabs to include: 

1) Summary or Snapshot page (format included in link below)

Major Metro Snapshots

2) Inputs page for assumptions 

3) Cash Flows that flow into summary page with development or conversion (downtime / carry costs) i.e. If property is purchased in year 0, conversion or development takes "x" amount of time, cash flows until stabilization (year 3) with a sale in year 5. 

4) Return Metrics: Project Value at Sale, Net Profit (after sales commissions), Profit Margin, IRR (unlevered for these purposes), Yield on Cost.

Please feel free to reach out.