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
Nice work!
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.
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!
Love to see it!
Thanks Greenbrier Management for helping make this happen!
Congrats! You guys are doing it right 👏
Well done!
Congrats! More bandwidth for the next one…
https://mailchi.mp/fc218130f921/may-2024-newsletter-12705903