Eli Gemstone Family Office. Nearly $70mn of storage acq & dev deals as a gp. Worked for a couple REITs in the past. DMs open / [email protected]

Atlanta, GA
Joined July 2016
SunTrust Special Situations Group, Atlanta, April 2001
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Obscure Atlanta neighborhood of the week: 'Taco Town' Thus called because of the popular but small and basic taco place that used to exist there, whose name i can't even find. Home to a dirt road that some people live on called "Narrow Street," and asian place on a quiet corner below a residence, a little chapel converted to apartments, and some of the most jammed-in houses I've seen in town.
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shockingly, we did not successfully organize a 7am Saturday watch party for this but we should have
lets have a watch party
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my 4 y.o. girl has come home from school proudly making some "six seven" joke. i will be explaining to her that we are not that kind of family and we don't use that phrase in this house
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i couldn't contain my anger. i smashed their beautiful little kitchenette to smithereens with my bare hands
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little known fact: @judgebushwood is actually an accomplished EXECUTIVE in town here with institutional chops and a crazy and impressive career arc. when you (or i) post about some $1M deal, he laughs from his ivory tower in buckhead (which i visited) at such trivial pursuits.
Got to enjoy some coffee and chat shop w @PerrySolem today…Great guy!! this platform has a lot of connection power and of the dozens of people I’ve met from here only 1 hasn’t been a great interaction
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Took a bit longer than expected, but we have completed the terms of this Voluntary Cleanup Contract with the state environmental dept. As a result, I am now a national expert on polluted industrial properties. Please reach out with any inquiries or opportunities in this field.
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Perry Solem retweeted
Replying to @Bsobiecki
Excited to announce closing our first fund of 2026, Paper & Packaging Credit Fund III, which will originate senior secured loans to established packaging companies. "We’ve been blown away by the level of investor enthusiasm for our focused, differentiated approach to private credit," commented James Whitaker, managing director.
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regarding the 'executive ranks' at Stockbridge approaching its acquisition by EQT:
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more comments about being "top heavy". really solid commenters over there on WSO btw, kinda puts the retwit scene to shame over here.
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all the talk of bloated "AUM per head" reminds me of the umpteen hardos needed to run the little Kelley real estate fund xitter.cf/WSJ/status/20861420242…
At Indiana University’s Kelley School of Business, a team of 20 undergraduates manage about $12 million in equity. 🔗: on.wsj.com/4hmku4w
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a few years ago when linkedin first started showing you automatically-suggested Replies in your DM conversations, a friend and I would just click them and fire back and forth at each other endlessly. little did we know, what we were doing then was the future of the human race.
there is not a single human left posting on linkedin
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in my experience, people who say "i want a 10 cap" tend to be small-time morons who know nothing and have never done anything but then you have the group below - extremely active and backed by a multibillionaire
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"costar pulling lease comps"
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this is why self-storage leasing has been so ugly in the sunbelt:
Stunning. Pending home sales in the US fell to an all-time low in September
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"...most people believe it's the most valuable entertainment IP ever created." - @strausszelnick
BREAKING: “Grand Theft Auto VI” could cost the US economy $1 billion in a single day. The long-awaited game drops Nov. 19, and up to 1.5 million Americans could call in sick or take the day off to play it, according to estimates cited by the International Business Times.
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69 degrees and sunny in Atlanta, time to bust out the THICC sweaters
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South Carolina: $35MM asking price following extensive renovations and a $10MM 2020 purchase price. ownership info suggests it's someone in the Nashville music scene.
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once owned by an Abraham Lincoln descendant, this thing is called the Sword Gate House postandcourier.com/business/…
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another hotel being underwritten to a $666k/door exit in the suburbs, this one almost out in Forsyth County
$666k per key. not bad for a suburb 16 miles outside Atlanta city limits
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late 2022 was a harrowing time for industrial bros. the most difficult period in the past 5 years. I don't know how they made it through, honestly, but it demonstrates great resilience.
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