The Best Ever CRE Show JF 3961: Triple Net Medical, Due Diligence Red Flags, and Capital Raising Ethics with Sarah Miskelly
Jul 9, 2025
Sarah Miskelly, a Canadian fund manager residing in Costa Rica, dives into the intricacies of real estate investments. She discusses strict due diligence practices and shares insights on red flags in multifamily syndication. The conversation highlights the nuances of transparent capital raising and how to spot misleading fund managers. Sarah also explores emerging asset classes like triple net medical deals and oil & gas funds, emphasizing the importance of ethics and authenticity in the investment landscape.
AI Snips
Chapters
Transcript
Episode notes
Buyers Exploited Closing Clause
- Buyers of a $7.4 million strip center delayed closing by demanding tenant estoppels on their own forms.
- They exploited a contract clause to buy unlimited time and avoid closing without financial penalty.
Due Diligence Beats Blind Trust
- Trust is insufficient; thorough due diligence is essential for fund managers and investors.
- Verifying data, underwriting, and background checks prevents costly mistakes and investor stress.
Beware Recent Track Record Illusions
- Syndicator track records recent past appear good but often mask distress or lack of distributions.
- Investors should scrutinize older performance and diversify to avoid hidden risks.