Garen Lafser (@glafser) header
Garen Lafser (@glafser) profile picture

Husband. Father. President & Designated Broker at @salientrealty & owner of CityRise Development. All things Commercial Real Estate in #STL

🏬👇🏻 STL Market Newsletter
Joined November 2010
Photo by Garen Lafser (@glafser)Photo by Garen Lafser (@glafser)Photo by Garen Lafser (@glafser)Photo by Garen Lafser (@glafser)Photo by Garen Lafser (@glafser)Photo by Garen Lafser (@glafser)Photo by Garen Lafser (@glafser)Photo by Garen Lafser (@glafser)Photo by Garen Lafser (@glafser)
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
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since last August, STL has added 24,000 jobs to this past August and it looks like the growth has continued
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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.
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Garen Lafser retweeted
Some neat views from the Mansion House Roof!
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Round 5 of the American cities bracket!
46%New York-Newark, NY-NJ
54%St. Louis, MO-IL
22,537 votes • Final results
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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…
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Make Leverage Positive Again
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This is a photo of the fog this morning in St. Louis. 📸: Phil Patterson #stlwx – at St Louis, MO
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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
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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
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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…
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Garen Lafser retweeted
Redfin shows favorable migration data for St. Louis Area by @TonyInStLouis nextstl.com/2021/12/redfin-s…
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Garen Lafser retweeted
28 Townhomes Planned in Franz Park nextstl.com/2021/12/28-townh…
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Real estate is my passion and favorite hobby. I’m not in this for the money.
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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
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New Mixed Use Investment Opportunity! Check it out here: salientrealtygroup.com/prope… #stlrealestate #stl #cre #propertyforsale
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🚨 #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…
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Garen Lafser retweeted
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If the NFL announced a new expansion team, what city do you think most deserves it?
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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
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