Sweetbay Capital’s Post

We are pleased to announce Sweetbay Capital's second exit with this week's sale of Briskwood Place for >50% more than we paid for it ~18 months ago. Sale proceeds and distributions to date represent >80% of the total equity invested in the combined acquisition of Langdon and Briskwood last February, and Langdon’s recent $4.1mm appraisal implies ~1.2x in remaining equity value (~2.0x cumulatively). Check out our latest newsletter in the comments for details! #realestate #investing #multifamily #privateequity

Tyler Finney, CFP®,CIPM®

Managing Partner, LPL Financial Advisor at Glownia Financial Group

4mo

Nice work!

Isaac Weinberger

The Cost Seg Isaac Team at Madison Specs♦️$500,000,000+ ♦️ in deferred liabilities. Helping Real Estate owners pay ZERO taxes 💰💰 Capital Connecter/ Founder of the "Stage Debate" Podcast/ Real Estate Investor💸

3mo

Mac Shelton I’m in sales and I flatter for a living, literally 😊 This is for real- You’re a smart man that will go extremely far. Proud to call you a friend and happy to see your success.

Clay Taylor

Virginia Multifamily Specialist - Senior Vice President, Capital Markets Group at Cushman & Wakefield | Thalhimer

3mo

Congratulations, Mac Shelton and Tucker Thompson! You both earned this accomplishment through diligence, hard work, and smart asset management! Your investors should be thrilled. Thank you for the opportunity to represent Sweetbay Capital on this disposition. I look forward to working on many more deals together! Hopefully, soon! Cheers!

Spencer Vickers

CRE software coming summer 2025

3mo

Love to see it!

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Mac Shelton

Founding Partner, Sweetbay Capital

4mo

Thanks Greenbrier Management for helping make this happen!

Sean McCarthy, MBA

Synchrony Veterans Leadership Program (VLP) | 12 years Airborne Infantry & Finance Officer @ U.S. Army | Financial Services

4mo

Congrats! You guys are doing it right 👏

Ian Mahoney

Commercial Real Estate Capital Advisory

4mo

Well done!

Jef Rogers

Gryphon Investors - Managing Director, Value Creation

4mo

Congrats! More bandwidth for the next one…

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