

Scaling and Going Big in Commercial Real Estate - with Nick Simpson | TLS131
Nick is the founder and CEO of Mentis Capital Partners and is focused on multifamily and student housing developments throughout the Southeast.
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WE DISCUSS:
- How a book has gotten him into real estate investing.
- His journey with single-family deals.
- What made him explore commercial real estate.
- The details of the Ross Building.
- How he acquired the adjacent buildings for his development.
- The structure of the deal.
- The timeline projection for the development.
- How the debt structure goes for development deals.
KEY QUOTE:
"If you want less pain and less stress in your life, I'd go with value-add multifamily with cash flow, before you dive into development."
“We were really trying to do it all and we were trying to expand to other cities, and do the same thing and then we realized that we didn’t have the connections and I was getting frustrated. I was like, we’re growing but it’s like we could be growing better. So slowly but surely ended up developing one of my main projects that we’re working on now - it’s called The Ross building in downtown Salisbury.”
CONNECT WITH OUR GUEST:
Visit their website at www.mentiscapitalpartners.com
Email: nick@mentiscp.com
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