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m. stanfield Profile
m. stanfield

@resetbasis

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affordable housing. rubber mallet capital. https://t.co/N6472uJdVp

Joined January 2018
Don't wanna be here? Send us removal request.
@resetbasis
m. stanfield
1 day
Gonna help you out. If you see a slide like this in a pitch deck, you're the yield.
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@resetbasis
m. stanfield
1 day
Ford Raptor owners, which is more difficult? 1. getting into a tight parking space 2. convincing women you're over 5'8
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@donwinslow
Don Winslow
1 hour
Available for order right now wherever books are sold.
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@resetbasis
m. stanfield
3 days
Do not go gentle into that good night, Old age should burn and rave at close of day; Rage, rage against the dying of the light.
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@resetbasis
m. stanfield
4 days
The American Dream is to slowly convert retail capital into GP capital through a complex set of fees in a way that's only loosely correlated with performance.
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@resetbasis
m. stanfield
4 days
One bad real estate deal can make up for five good ones. Be careful out there.
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@resetbasis
m. stanfield
4 days
It seems my wife has taken in a stray cat, looking for names. Finalists below, but suggestions welcome.
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@resetbasis
m. stanfield
6 days
Jay Peak, a week before Thanksgiving. 12 inches in the last 48 hours 66 inches in the past week 93 inches this season Hell yea.
@jaypeakresort
Jay Peak Resort
8 days
If snowflakes were bananas, well, that would be a lot of bananas. ❄️🍌40" in 48 hours.
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OMW to launch the steam page
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@resetbasis
m. stanfield
7 days
"The pressure to deploy today is greater than the pressure to generate strong returns tomorrow." I've seen this in our business for the past six months, and the feedback from institutions indicates they're seeing the same. Large multifamily real estate built after 2000 is
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@resetbasis
m. stanfield
8 days
The best thing about real estate conferences is seeing how many different shades of blue a blazer can be produced in.
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@resetbasis
m. stanfield
11 days
Here's a wild idea. Maybe stop paying syndicator GPs a 4% acquisition fee.
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@resetbasis
m. stanfield
13 days
LP: We want distress GP: Cool, here's some LP: Jesus Christ, no. Not like that. That looks scary. We're thinking more newer vintage, distressed capital stack. GP: Ahh...got it. Cool, here's some. LP: Interesting, but we only want primary markets. GP: Alright, how about this?
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@resetbasis
m. stanfield
13 days
Great data from @Newmark this morning. The average spread to homeownership is $1,241 per month, roughly 2.7x greater than the long-term average. Sadly, the picture for homeownership is bleak at the moment.
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@resetbasis
m. stanfield
15 days
Maybe, and hear me out on this, homes are overpriced and we shouldn't subsidize demand.
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@resetbasis
m. stanfield
16 days
Motel-to-residential conversions are a complex mechanism for slowly transforming LP capital into GP capital through a variety of fees that are uncorrelated with performance.
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@resetbasis
m. stanfield
18 days
@pulte
Pulte
18 days
Thanks to President Trump, we are indeed working on The 50 year Mortgage - a complete game changer.
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@resetbasis
m. stanfield
18 days
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@resetbasis
m. stanfield
18 days
Gonna start writing about all the mistakes I've made. This is the first installment.
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@resetbasis
m. stanfield
22 days
"As we fortify the present, we are also building the future. In a world where Liquidity defines value, we are introducing the Nitya Tokenization Initiative — a step that will reshape how our investors access their capital without altering the fundamentals of ownership."
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@resetbasis
m. stanfield
27 days
Decent real estate investing advice. Be really honest about the resources you currently have. Then, go compete against people who have similar/fewer resources. Pick smart fights.
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