What are the most painful parts of your job these days? What have you tried to fix or make them better?

No idea how people can make sense of suburban office and urban apartment development these days. Construction costs make no sense lmao. People doing deals for fees and LPs and lenders are lying to themselves.

What’s the most painful part for you? Underwriting these deals repeatedly with the same outcome? Are you at least coming away with a good data set as a result? Any way to make this better (that’s within your power.)

The most painful part is having to present bullshit assumptions that make the deal work on paper to LPs and have the smart ones look at you like you are a moron and the only partnering with the dumb ones.

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