
Husband. Father. President & Designated Broker at @salientrealty & owner of CityRise Development. All things Commercial Real Estate in #STL
🏬👇🏻 STL Market Newsletter
Joined November 2010
- Tweets710
- Following223
- Followers197
- Likes1.7K
Garen Lafser retweeted
To those impacted by weather last night:
1. Your policy pays for sudden and incremental, physical damage. Not old and warn out roof shingles
2. If a roofer knocks on your door, that doesn’t mean they are an expert. Ask your insurance professional for a recommendation
Garen Lafser retweeted
since last August, STL has added 24,000 jobs to this past August and it looks like the growth has continued
Garen Lafser retweeted
67 mill ins value. 276 doors
No co ins
No % wind hail deduct
Fannie/Freedy compliant
No finance or installment charge
No broker/admin/application fee
$338 per door
A bindable offer I just got back in 2023.
Garen Lafser retweeted
Round 5 of the American cities bracket!
46%New York-Newark, NY-NJ
54%St. Louis, MO-IL
22,537 votes • Final results Garen Lafser retweeted
GIVEAWAY!
Retweet this and I will pick someone who will be getting our 10 page full excel multifamily deal analyzer for free tomorrow after the live webinar at 8pm EST on Dec 26th!
us02web.zoom.us/webinar/regi…
Garen Lafser retweeted
This is a photo of the fog this morning in St. Louis.
📸: Phil Patterson #stlwx – at St Louis, MO
Garen Lafser retweeted
Analyzing a real estate deal in 30 seconds:
Market rent * unit count * 12 months * 95% occupancy = revenue
Revenue * market NOI margin = NOI
NOI / (purchase price + renovation costs) = stabilized yield
If stab yield is 150 bps > market cap rate, it’s worth looking into
Garen Lafser retweeted
MLB attendance per game average:
1. Los Angeles Dodgers - 47,716
2. St. Louis Cardinals - 38,831
3. Atlanta Braves - 37,386
5. New York Yankees - 36,500
Population of city + surrounding areas:
New York City - 20.4M
Los Angeles - 18.78M
Atlanta - 6.93M
St. Louis - 2.77M
Garen Lafser retweeted
Replying to @timmymac_88
@timmymac_88 w/ @SalientRealty helped chef Tony Nguyen locate and lease this space. We can’t wait for it to open! Another incredible restaurant coming to South Grand in STL City! Our food scene keeps leveling up!
saucemagazine.com/a/59713/mo…
Garen Lafser retweeted
Redfin shows favorable migration data for St. Louis Area
by @TonyInStLouis
nextstl.com/2021/12/redfin-s…
Garen Lafser retweeted
28 Townhomes Planned in Franz Park
nextstl.com/2021/12/28-townh…
Garen Lafser retweeted
My Real Estate Journey So Far, a Thread 👇🧵
There are lots of different ways to get into the commercial real estate business and stick around, but this was mine:
1) Getting In
I graduated from college in 2002 without any idea of what I wanted to do, and I didn’t know
Garen Lafser retweeted
New Mixed Use Investment Opportunity!
Check it out here: salientrealtygroup.com/prope…
#stlrealestate #stl #cre #propertyforsale
Garen Lafser retweeted
🚨 #ApeOnly #Giveaway 🚨
Giving away 13 Apes to 13 lucky winners.
Avg Ape value: 0.35 ETH
Rules:
Like / RT
Follow @ApeOnIy
Join the discord: discord.gg/ZHPAxcrpHc
Fill in this short Google Form: docs.google.com/forms/d/e/1F…
Garen Lafser retweeted
The #CryptoGathering #Sweepstakes 🚀
1 lucky person will receive $4500 in #BTC by the time this is over...
❤️/RT this post & follow @RealVision for a chance to #win.
🏆 will be announced 03/26 6pm ET here & at the event. rvtv.io/38ntphJ
Terms👉 rvtv.io/3farOQl
























