Got some listings yesterday that I asked for more details on but otherwise, nothing yet.

In an environment where the appetite for housing outstrips construction velocity, high-density projects like Edgemont aren't just speculative—they are essential infrastructure for a city with a disappearing inventory.The TIC Valuation ParadoxThe project leverages the Tenant-in-Common (TIC) ownership model, which presents a fascinating paradox: TICs are valued, on average, 20% lower than comparable fee simple properties due to stricter lending and shared responsibilities.

Market In A Minute: TLDRWrapping up the first two months of the year and here's where things stand.• Median sale price: $365,000 (up about 1.4% from last year)• Active listings are up 8.9%• Pending listings are up 10%...

I've been listening to Dion McNeeley lately and find him fascinating.  

Then, all the detailed analysis that is required for this preferred methodology would take an engineer hours to do even with proprietary software.  

Architectural plans, site survey, permits, and a detailed budget are all in place.

If you walk in without a line item scope, a detailed budget, a realistic timeline, and material specifications already developed you are not going to get a professional project plan back.

$2M ground-up in MS can be done, but structure depends on:– % of project already completed– Total project cost– Borrower liquidity– Builder experience– Exit strategy (sale vs hold)DSCR doesn’t apply to construction — that’s for stabilized income property.If the owner can provide plans, budget, and projected ARV, this can be positioned with either a construction lender or short-term capital depending on timeline.Happy to review details direct

I’m looking for feedback and potential capital partners on a control position I have in a multi-family in Canarsie (Brooklyn).Key details:• Estimated current value: ~$975K–$1.02M (recent area comps)• Existing mortgage at ~2.87%• 50% ownership interest available• Target entry: low–mid $300Ks for the 50% positionStructure options:– Preferred: mortgage assumption– Also open to structured equity / JV discussionsI’m primarily interested in connecting with experienced operators who understand Brooklyn asset management and long-term hold strategy.Happy to share rent roll, expense breakdown, and valuation comps with proof of funds.Would appreciate thoughts from the group on pricing and structure as well.

Happy to share more details via PM.