Thursday, May 1, 2008

Friends, Romans and Countrymen, Lend Me Your Ears...

Dear reader, I have started a new company called Keystone Development Advisors, LLC to share and provide access to our development expertise for investors and lenders.

We have started a new blog at this address
http://keystonellc.blogspot.com/. This will be my last entry at http://keystonecompaniesllc.blogspot.com/.

I look forward to serving the investment and lending community with integrity and expertise. While there are presently a multitude of consultants available with varying degrees of expertise, few can offer the personal experience I have making my own money and getting beat-up in public hearings.

Some may ask, "well then, why don't you just do your own (investing) thing if you are so good at it". To that I say I do invest. However, unlike the Easter Bunny I do not like to put all of my eggs in one basket, a lot but not all. Some of the deals I come across are in the 20 million to 300 million dollar range. Those have always been "big" deals but especially now with tight lending standards and an uncertain economy. Many consultants also are very specialized. They only focus on finances or construction or getting a certain type of permit. I have done all of the above with my own money at risk. I know how every "unexpected" zig and zag in the entitlement, permitting and development affects the bottom line. I am a risk taker yet conservative. I believe risk can be measured and mitigated or a deal is not worth doing. I am educated yet have street smarts. I know the fastest way to double your money is to fold it over and put it back in your pocket. How many "consultants" match that?