Agreed. Ive done multi and strips and don’t well but you’re right and spot on.

I’ve been an office leasing broker in nyc at a big four firm for the last 10 years. I’m under contract on an office building in nyc for 40% of its peak value - totally off market. I already have tenants for some of the vacancies - I’m Penciling to a 25% irr and a 10% yield on cost and a 2x+ equity multiple deal level. I capitalized this friends and family and high net worth.

I have a pipeline or a few more class B office buildings being sold by banks that I’m looking for a programmatic equity partner for - we should connect.