Developer Dude

Developer Dude LA / SF Commercial Real Estate GP w/ $130mm in exited projects. Building a $45mm self-storage & pursuing $100mm of distressed office. Film/ Crypto/ A.I. Curious.

🚀 Excited to share the first in a new series of videos on the Developer Dude YouTube channel! I’m pulling back the curta...
11/06/2024

🚀 Excited to share the first in a new series of videos on the Developer Dude YouTube channel! I’m pulling back the curtain on the processes, struggles, and joys of the commercial real estate development world. As our world feels increasingly divided, my hope is that with undivided attention to building functional, beautiful communities, we’ll do alright. Looking forward to connecting with you all over the coming weeks—each video bringing us closer to the official grand opening of the Osage storage facility, a passion project 7 years in the making. Let’s build something incredible together!

10/24/2024

Just used Chat GPT to write seller financing language into a 40mm self storage purchase agreement

Any thoughts on how much I should put down for the deposit? lol

10/18/2024

My partner and I have raised over $50mm from LPs as RE GPs from mostly retail investors.

Now we are looking at bringing on co-gps, some of whom could be potential competitors.

Has anyone on here partnered with a competitor before? How did it go?

10/18/2024

Allow me to reintroduce myself

My name is Shane Mason, and I navigate bureaucracy for a living

I develop projects 40mm and larger targeting IRRs in the mid teens for LPs and mid 20s for co-GPs

I focus on core MSAs and add value through land use approvals and density bonuses

10/18/2024

Throwback Thursday:

Cold called a sales broker, title exec, fund manager & equity broker today to chat about markets & find out about side events at a Family Office conf in Dana Point.

Feels really good to smile, dial, and connect briefly with someone who reciprocates the vibe.

10/17/2024

Want to know how to make more money online?

Sell Less & Share More

It's not rocket science. Think "Jab, Jab, Jab, Hook" (thanks gary v!)

- a Jab is a share -typically an informative piece of content
- a Hook is a sell- buy, sub, follow etc

Aim to share 3x more than you sell

10/17/2024

Bill Gates says most people overestimate what they can build in a day, and underestimate what can be built in a year.

Results are created through consistent effort over weeks, months and years.

What does your daily working routine look like?

10/16/2024

Taking a break from original content marketing to focus on hiring and operations.

Sometimes you gotta take a break from the fun stuff to execute on the boring stuff

Can't wait for the day when I'm big enough to hire and delegate ops so I can focus on sales and marketing

10/16/2024

Mindset shift - from "ugh i'm so busy" to "ride the wave, bra"

Thoughts impact feelings, feelings drive action, action creates results

10/15/2024

I led negotiation of the loan docs, GMP, & JV agreement for my dev project and knew the docs almost as well as the attorneys did

This paid dividends whenever issues came up with the partner and lender

This doesnt scale, but feels very necessary for managing risk in my small biz

Very grateful to live in a place with pleasant weather and walkable neighborhoods. Better to rent paradise than to own s...
10/15/2024

Very grateful to live in a place with pleasant weather and walkable neighborhoods. Better to rent paradise than to own squalor IMO

10/14/2024

A 40mm deal takes the same time as a 9 mm one, but pays much higher fees to the sponsor

It's tough to finance your first large deal as an emerging sponsor, so take your deal to a bankable sponsor and offer to do all the work in return for a piece of the GP.

Address

3680 Wilshire Boulevard, Suite P04
Los Angeles, CA
90010

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