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RE #186: Moses Kagan - Part 2 | On Value-Add MF, A New Core Strategy, ReConvene, Los Angeles, and How He's Looking at The World
The Fort
Are You Taking Leasing Risks?
The new stuff is brand new units, new construction. You're not having to go through get re have. Are you buying em vacant? Or you buying em, least least mostly. It's more about the financing. So i'm willing to take the leasing risk, but only to the extent that i can lock in an interest rate at the time of acquisition. The trick though, is like, not all brand new buildings are created equal.
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