joeybaum13's profile picture. Co-Founder of HiCap Management. Always on the lookout for apartment deals!

joey baum

@joeybaum13

Co-Founder of HiCap Management. Always on the lookout for apartment deals!

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joeybaum13's tweet image. Too true

Wow

A German-Jewish WWI veteran wears his Iron Cross while a Nazi soldier stands in front of his shop for intimidation, 1933... This photo was taken in April of 1933, during the Nazi boycott of Jewish businesses. It was the expression on the shopkeeper’s face that captivated…

archeohistories's tweet image. A German-Jewish WWI veteran wears his Iron Cross while a Nazi soldier stands in front of his shop for intimidation, 1933...

This photo was taken in April of 1933, during the Nazi boycott of Jewish businesses. It was the expression on the shopkeeper’s face that captivated…


who are my best lenders for street-retail in San Francisco? Have already spoken to Citizens & Chase.


who are the most active lenders on retail property in SF right now?


people place way too much emphasis on diversification


know anyone who can do a quick Phase 1 in LA?


joey baum reposted

Re-upping this post, in light of the eviction moratorium under discussion in LA County: What every voter should know about housing policy: 1. Rents reflect the balance of supply of apartments and demand for those apartments in a given area. That’s it; there’s no magic. If you…


Banking question: Which banks are easiest to work with / give reasonable proceeds for a credit line backed by a real estate asset management co with recurring revenue?


crazy to think that just a 7-year investment horizon in real estate will eliminate 95% of your competition. everyone out there chasing 1-3 year hold periods. it's a joke.


Who’s got San Francisco retail for sale ?


100%. We own 820+ units across 11 properties in 3 states. My partner and I personally asset-manage everything, approve all capital work, set rents, etc… I also find that our teams perform to a higher standard knowing we are intimately involved.

With 8+ years of experience as a full time real estate investor I’ve come to one firm conclusion. You simply have to micromanage and be in the weeds on absolutely everything. I used to think you should delegate and scale. Wrong advice IMHO if it’s not your own team. And even…



Very interesting multifamily opportunity for a JV partner. Deal Highlights: - 3.5x equity multiple - 19% IRR - 10% stabilized YOC - 6-7 year hold - 90's vintage - fixed-rate Agency financing @ 60% LTV - $10mm check size Reach out if you want to learn more


Zero reason to lower rates rn


joey baum reposted

San Francisco finally has a common-sense majority in City Hall, and the city is heading in the right direction. But the old political machine isn't going away. Jane Kim, Aaron Peskin, and their allies are already plotting a comeback. That’s why @GrowSF needs to exist. We’re…

growsf.org

About GrowSF

We Love San Francisco—So We're Fighting for It. GrowSF is a political organization focused on winning local elections, holding leaders accountable, and giving voters clear, honest information.

“The mistake would be to think that progressives are over in San Francisco,” said former progressive Supervisor Tom Ammiano. “I know the fire is still there.” A must read from @ggreschler on how progressives are working to regain political turf in SF: sfstandard.com/2025/08/11/mod…



Hypothetically speaking: Have a multi deal that is an 18% gross IRR over 7 years. 90’s vintage, operational upside & light value add Is there a market for a single check writer for $10mm at a 9 pref & 75/25 split?


joey baum reposted

Had lunch recently w a young guy who asked how he could justify raising money to chase deals in LA, when there are much more successful, experienced operators fishing in the same pond. My response: 1. There are always off-market / weird situations you can find where you're not…


who are the most active lenders for retail property in the Bay Area? sub $10mm loans?


is Chat GPT going to put Red IQ out of business?


Would love to get some feedback here. anyone have thoughts on Parcel Pending vs. Amazon Hub lockers?

parcel pending vs. amazon hub lockers which one and why?



parcel pending vs. amazon hub lockers which one and why?


Some RE PE shops pitch in-house management as a core theme of their ability to generate outsized returns. Lots of these groups also suck at self managing.


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