Share with us some details as to how you located the deal, how you funded it, how you funded the deal, and just some interesting details about it.

Yeah, so I'm actually going to talk about two related deals that are tied together.

So one is a – the first deal is a hotel conversion deal.

uh, two apartment buildings, 143 unit former hotel that's becoming an apartment building.

And so I partnered with a developer that knows how to do this and has done it before.

I haven't done a hotel conversion.

Um, and we, uh, we syndicated that the way you would traditionally do it without a fund, right? Just create the paperwork, create the syndication documents, have L LPs come in general partners.

What did you guys see when you were attempting to raise capital on that? Was it a difficult raise or how did that go? So

Share with us some details as to how you located the deal, how you funded it, how you funded the deal, and just some interesting details about it.

it.Yeah.

So I'm, I'm actually gonna talk about two related deals that are tied together.

So one is a hot- the, the first deal is a hotel conversion, uh, to apartment buildings, 143-unit former hotel that's becoming an apartment building.

And so I partnered with a, a developer that knows how to do this and has done it before.

I haven't done a hotel conversion.

Um, and we, uh, we syndicated that the way you would traditionally do it, without a fund, right? Just create the paperwork, create the syndication documents, have L- LPs come in, general partners.

What did you guys see when you were attempting to raise capital on that? Was it a difficult raise, or how did that go?

What did it look like for you to be able to get started? your business off the ground, get some traction along the way and be able to operate W2 at the same time?

Sure.

Yeah.

So I'll go back to like when I really started doing it as a as an investor.

And so probably six or seven years ago, I worked for some REITs, some publicly traded real estate investment trusts.

We had 10 ticker symbols, 30 billion in assets under management.

And I'm a technology guy.

Share with us some details as to how you located the deal, how you funded it, how you funded the deal, and just some interesting details about it.

What did it look like for you to be able to get started? your business off the ground, get some traction along the way and be able to operate W2 at the same time.

Sure.

Yeah.

So I'll go back to like when I really started doing it as a as an investor.

And so probably six or seven years ago, I worked for some REITs, some publicly traded real estate investment trusts.

We had 10 ticker symbols, 30 billion in assets under management.

And I'm a technology guy.

What was the biggest disconnect for you and how did you bridge that gap?