Kyle Redinger
@kyleredinger
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real estate development º startups º CrossFit º
Charlottesville, VA
Joined May 2009
Albemarle Business Campus starts construction in about two weeks. We have great spots for breweries and restaurants with large outdoor patio space. Just saying! .
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Happy 4th Everyone! . In patriotic fashion, I asked Gemini to do some deep research and create a USA political corruption index. Corruption is growing exponentially and getting worse.
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RT @ssankar: In 2021, we spent $7.5bn for a 500k electric-vehicle charging stations. 3 years later, only 8 had been built. Not 8,000. No….
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Pretty funny that every commercial broker wants to be your best friend to sell and lease your commercial buildings, but they never do you any favors when they have off market deals.
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RT @JosephPolitano: So immensely wild that North Carolina builds basically as much housing as California now, despite having a population 2….
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So, I did a little thing called making an EP. Listen here: . #OrganicHouse #musicproduction #newhobby #EcoBeats.
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Absolutely insane Charlottesville will spend $500k/unit for a garden style multifamily project (excluding land cost).
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Has any developer ever had a good experience with elevator company, ever? . Maybe I should start a non-scamming, non-shitty elevator Company?.
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RT @gummibear737: Let me get this straight:. College administrators have created a bunch of meaningless jobs…. to employ a bunch of useless….
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This property may be in Charlottesville, VA.
Jfc, here's a pitch I just got. - property is currently losing ~130k per month.- proforma NOI 2.2M (because. math and stuff).- Two fatalities in the past 12 months.- Seller "not interested in taking a loss". That's right you small-time fucks, us big guys see all the prime deals.
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Commercial RE in trouble.
@DonMiami3 @TreppWire 10.8% of office CMBS is delinquent (or) already in the special servicing default process:
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I didn't think Charlottesville could get dumber, but they one up themselves everyday. Imagine wasting $6+ million to stop a by right development which already planned a park space dedication. Impressive level of idiocy.
Charlottesville city looks to buy floodplain land
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How very Charlottesville to not do anything valuable after a decade of a rezone process.
#Charlottesville City Council is now advertising reducing the by right heights to 5 stories in commercial corridors (CX, DX, & NX districts) Additional height by Special Use Permits. #PolicyWonk.
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What is happening to Albemarle County schools? . I graduated with a very impressive group of accomplished peers. These stats are sad and will hurt property values.
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100 bp rise in floating rate construction loans in a month is 🚽🧨.
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Charlottesville City allows tent City in Market Street Park. Day 2. how's it going? . First stabbing. Success?!.
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Charlottesville's new "draft" zoning code is struggling to understand mid-rise costs and economics of development.
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They should add a category for 18+ Months for Charlottesville and Albemarle.
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