Deal review: “My Airport Deal”
I just bought an airport!
And in today’s deal review I’m going to take you through the exact steps I took to find and negotiate this deal.
I know a lot of you are probably thinking: ‘This is massive deal. I can’t buy an airport on 370 acres!’
You should know I didn’t use traditional financing for this deal and I used the same process to buy this property as all my other commercial deals.
Some of what I cover:
- Why it’s so important to met with the vendors
- The JV options that are already opening up with this deal
- How I negotiated on more than just the price
- How I got access to this deal before the rest of the market
That’s a fabulous deal, imagine!!
Thanks Grace, you can read more about the scope of it here: https://www.afr.com/property/commercial/acuity-development-has-300m-plan-for-yarra-valley-aerodrome-and-farm-20240418-p5fkzx
Great project!
Thanks Jane, Melissa often does updates on this project. We’ll keep you posted if you?