2min chapter

The Fort - An Entrepreneurship Podcast cover image

#296 - Sean Burton - CEO of Cityview - Acquiring, Developing, and Managing Multi-Family in the Western US

The Fort - An Entrepreneurship Podcast

CHAPTER

The Best Yield on Cost of a Good Buy

We're breaking ground on a 267 unit deal across from SpaceX here in LA. And then I was the best yield on cost I think I've ever seen in the LA market. That's on, you know, real costs with a GMP and a loan with real interest rates and real rents. So that's encouraging. But it always takes a little bit of a time when you have this sort of shift that we have today to close that bid-ass spread.

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