JF3512: Bringing Co-GP Equity to Deals and the Evolution of GP–LP Splits ft. Mark Purtell and Preston Hartsell

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 16 April 2024

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mark Purtell and Preston Hartsell of CTC Capital Management join Slocomb Reed on the Best Ever Show. In this episode, Mark and Preston discuss bringing co-GP equity to deals, when to focus on IRR, and what kind of IRRs they’re currently targeting. Mark Purtell and Preston Hartsell | Real Estate Background Head of Real Estate Acquisitions and Development | CTC Capital Management Based in: Chicago, IL Say hi to him at: https://ctccapitalmanagement.com/ Best Ever Book: The Gambler: How Penniless Dropout Kirk Kerkorian Became the Greatest Deal Maker in Capitalist History by William Rempel Sponsors: Viking Capital Baselane Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Did you know that within a decade women will hold $30 trillion in investable assets?
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1:05.0	Quick disclaimer, the views and opinions expressed in this podcast are provided for
1:09.0	informational purposes only and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action.
1:18.0	For more information go to best ever show.com.
1:22.0	If you're looking at an IRR, there's not going to be a cash flow in a lot of the better IRR
1:25.8	deals just because of how they're structured on the back end.
1:28.4	And if you're going to put a substantial amount in and going to need something as more income like approach.
1:34.4	IRR is probably not the best metric total amount of world.
1:37.0	Welcome to the Best Ever Show, the world's longest running daily commercial
1:41.0	real estate podcast. Our host's Interview Commercial Real Estate Podcast. Our hosts interview commercial real estate experts every day to get you the best advice ever with none of the fluffy stuff.
1:49.0	Best ever listeners.
1:50.0	Welcome to the Best Real Estate Investing Advice Ever show. I'm Slocum Reed and today we are
1:55.6	joined by Mark and Preston Pertel. Mark and Preston are based in Chicago, Illinois. The company is CTC Capital Management. Mark is the head of real estate acquisitions
	...

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