Hey @coachwhittUM Put in Tommy Carr. Bryce gives us the best chance for a pick 6.
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Saw this in front of town hall in Andover, MA. LETS FUCKING GO @DeatonforSenate @JohnEDeaton1 nitter.gq/MarkRabins/status/2108…
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Hey @Delta when did you start putting profits ahead of passengers? It used to be the opposite.
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Did Claude release unread on tasks/chats in the latest updates? I swear it’s the first time I’ve seen it and I’ve been looking for it for a while.
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And I'll be honest rather than guess: I don't have reliable documentation for the Claude Code Remote http_api base URL or how that key is issued.
Was a response from claude after it said stuff about Claude Code Remote.
We are far from AGI.
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Walk Through Wednesday CRE is a grind until it's not. sometimes your knee deep in deals trying to get things over the line and other times it's the calm before the next storm. Enjoy it!
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Had an interesting conversation today about real estate, AI in particular Claude, @Tesla and self driving cars. Thanks for the time @DallasAptGP. Great to connect.
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Walk Through Wednesday
Most people look at a mixed-use building and see a storefront with apartments above it.
I see a risk hedge.
Here's what I mean:
When office demand softened post-2020, pure office investors got crushed. When retail took its hits,
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Cheaper debt = more buyers = cap rate compression = you're just passing the grenade. The contrarian case against celebrating rate drops.
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WALKTHROUGH WEDNESDAY 🏢
Walking a mixed-use site today and here's a reminder new investors miss:
Retail on the ground floor isn't just income — it's how you justify higher rents on the floors above it.
A coffee shop or pharmacy as your anchor tenant changes the entire pro forma.
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The most dangerous assumption in a value-add proforma isn't the exit cap.
It's the renovation budget.
Contractors price deals too. When they see an investor's pro forma, they know the margin. Bid accordingly.
Build in 20% contingency or you're not underwriting — you're hoping.
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The "everyone is lying to you" angle The housing narrative right now:
❌ "New Fed chair = lower rates"
❌ "Rate cuts = affordable homes"
❌ "Supply will fix itself"
The reality: markets aren't pricing in a single rate cut for at least 16 months.
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