Perry Solem
@PerrySolem
Eli Gemstone Family Office. Done over $70mn of storage acq & dev deals as a gp. Worked for a couple REITs in the past. DMs open / [email protected]
Land: $500k for 2.2 acres Logo drawn by a guy who was living in a van: $500 Construction contract: $4.7mn (way more than expected) for 76k gross sf Building, leasing up (mostly), then selling this thing and seeing the current owner get $169 for a 10x10: priceless




3 is a hilarious age her grandpa gave her gum; my wife pulled it out of her mouth and tried to explain that it's not for young kids she angrily responded "Don't talk to me like that. Do not speak to me like that! That is disrespectful!!" her grandma was laughing so hard at…

if you know me, you know i normally despise homeless people but we're approaching the finish line of a deal that pushed me to the emotional brink earlier this week things are looking good, i'm feelin good i walked outside my office to where i know i could find some homeless…

invested a small amount in a startup and i love their little updates. i dont abuse myself like this now that im late 30s and several years into my own business, but part of me wants to engage in this kinda work session: "Highlights: Ran a focused, intensive product sprint (our…
found your $500k hotel. 15 rooms, rent them all out every night for $200 and you're still grossing over a million which is pretty good
This is my quant
just got a very thoughtful (preliminary/very early stage) site plan done by a full-service engineering company in Atlanta, for a site in Atlanta, for <$800. no fiverr, no AI, no offshoring. AMA.

i took a telemarketing summer job when i was 18, selling magazine subscriptions a couple weeks in i got bored and started using a voice similar to Robin Leach narrating Lifestyles of the Rich and Famous, just being absurd. that was the 1 sale i got. lesson in there somewhere.
should we go for a 3rd kid? my only hesitation: you cant tell me it has a 0.00% impact on financial circumstances (a constant issue for a self employed person) or is a 0.00% distraction from one's career (yes this is engagement bait, no we arent deciding off a twitter poll)
this young storage broker has reached the limit of abuse I've heaped on him everyone has their limit. since i first met him he's grown so much, closed big deals, and he's ready for a life where he gets treated as an adult and to that i say: not by me. good f-ing luck buddy.

this has been such a slow summer for storage leasing from my (limited) anecdotal discussions. not necessarily going backward, but slower than the preceding months which is very weird it's too hot to move and everyone's on vacation
found this killer business etiquette book in the little weatherproof 'free library' mounted on a post on my neighborhood block some absolute gems in here

in 2007 some college kids did a film project of themselves driving the speed limit (55) on i-285, side-by-side occupying all lanes, backing up traffic for miles. it was an awesome experiment showing how stupid the laws can be. the real estate developer version of this would be…

following the mindless herd, closing on my first small bay facility later this week:
two examples of multistory mixed-use projects coming soon very near me, both crammed onto a half acre no clue how this stuff pencils but it's got to be fun to work on if you can get the money together the first guy (the Urbanize screenshot i pasted), is clever enough based on…



over the past few days i've talked extensively with i think 4 different parties about attorney comments on various docs reminds me of the story of the Eastdil MD and the LMM real estate operator in the mexican fishing village The MD sat down, tired, at the marina bar and…
