@RealMikePittman

Husband | Father | Retail CRE Broker at Cushman & Wakefield | +$100M in transactions | Keep the faith

 Houston, Texas
Joined September 2014
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In my 1st Yr as a CRE broker I was able to secure an hot listing in a super hot submarket in Houston. The property had tons of potential and I royally screwed it up. Here's 5 ways I dropped the ball. Hopefully a teaching moment for aspiring CRE brokers and those hiring them: – at Houston, TX
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5. I should have brought on someone more seasoned than me to work the assignment together since I had no clue what I was doing but I had great intentions and tons of passion. – at Houston, TX
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To this day I'm so grateful that the dude didn't sue me or blast me on social media. He had a great portfolio of cool buildings, awesome connections, etc. and I totally blew it. Also, around 1x per year I contact him just to say thank you for giving me a chance – at Houston, TX
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This oughta be interesting. Grabs popcorn.
David McCabe@dmccabe6 Sep 2023
We're getting ready to cover the first government monopoly trial of the modern internet era. From me and @ceciliakang: What's at stake in United States of America et al v. Google. nytimes.com/2023/09/06/techn…

In Its First Monopoly Trial of Modern Internet Era, U.S. Sets Sights on Google (Published 2023)

The 10-week trial, set to begin Tuesday, amps up efforts to rein in Big Tech by targeting the core search business that turned Google into a $1.7 trillion behemoth.

nytimes.com
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Probably one of the truest statements I’ve read on Twitter.
Cyber Viking Johnny
@DarthJML7 Sep 2023
Replying to @gas_biz @bucees
Bucees is a beast. Like the Chick-fil-A of gas stations.
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Currently working on a exhaustive market study for a client. Life of a CRE broker – at Houston, TX
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I literally know of site on the market that is a large land play. Price tag is ~$45M. Seller needs cash. Site is probably worth $60M today and TBD in the future. It's a land bank play but not everyone can play at that clip. Stay diligent and focused. They're around – at Houston, TX
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There are opportunities everywhere. If you can uncover hidden value and put a great biz plan together and execute the sky is potentially the limit! – at Houston, TX
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I know GPs who invest as a LP in friends deals for multiple reasons. More below
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All that to say. Don’t neglect your friends and other GPs if you have a relationship with them.
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S/N: Of course there are some GPs out there who say “I will only invest as a principal on deals”. Don’t worry about them. Probably not the best partner to consider starting off anyway bc they don’t understand reciprocity.
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Even more interesting. I’ve represented buyers who knew something f was under contract, I contacted the broker and said if they can’t close on closing day then we will in 24 hours and go hard on earnest money day 1. Guess what, buyer didn’t perform my client bought it rápido.
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