Commercial Real Estate — Dallas, TX
From appraisal to acquisitions. Three years inside institutional valuation — modeling DCFs, underwriting $1.45B across 49 assets, 8 property types, 14 states — has sharpened one conviction: the best investors don’t just read the market. They read the asset.
Most people entering acquisitions have read about cap rates. I’ve researched and modeled them — on a $90M industrial facility in South Carolina, a 13-site public school portfolio in Denver, and two RV parks in the same research cycle.
That breadth doesn’t just build technical credibility — it rewires how you evaluate opportunity. I don’t need to be taught to interrogate a rent roll or question a cap rate assumption. That’s already how I think.
Every appraisal demanded the same discipline — strip assumptions, interrogate data, let comparable market evidence speak. I apply this filter instinctively to every deal.
Spanning 14 states taught me that location is context — regional supply dynamics, demand drivers, market maturity. A cap rate in Indianapolis tells a different story than the same number in rural South Dakota.
Fee simple vs. leased fee on the same physical asset can yield dramatically different values depending on lease terms, tenant quality, and remaining term. Most investors don’t develop this lens early.
Modeling across industrial, retail, schools, mobile home, and RV parks in the same cycle surfaces which asset classes hold value through uncertainty and where institutional capital concentrates.
I’m always interested in connecting with people on the investment side of commercial real estate — especially where disciplined underwriting meets real-world execution. If you’re evaluating opportunities or building a team, I’d welcome the conversation.