Episode #077- HOME RUN! The Criterion Fund Sells 3 Out-Parcels in Plaza West Deal

Today our hosts Braden Cheek, Brian Duck and Joel Thompson discuss how they closed the sale of 3 out-parcels in their Plaza West deal, fully paying back their investor's initial equity investment and providing them continuous cash flow for the foreseeable future. Time Stamps: 0:00 - Introduction 1:10 - We're closing on the sale of 3 out-parcels in Plaza West! The buyer bought it in a 1031 exchange. 4:00 - We sold 1/10th of the total square-footage for 50% of the total value of the property. 8:22 - Let's talk numbers & returns! 12:40 - The power of Equity Farming: The ultimate home run in CRE is in keeping the properties and letting their value grow while paying investors their returns. 14:50 - What steps did we take to get these out-parcels sold? *Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!** https://open.spotify.com/show/08KmNvqGV5HjmHUC8fLuce https://podcasts.apple.com/us/podcast/how-to-invest-in-commercial-real-estate/id1543470290?itsct=podcast_box&itscg=30200 Links mentioned in this episode: www.TheCriterionFund.com www.HowToInvestInCRE.TV Invest.HowToInvestInCRE.com To sign up for our exclusive investor list, click below. https://www.thecriterionfund.com/join-our-investor-list