SkySights: Welcoming Year of the Rabbit with Open.AI!
January 25, 2023
We would like to welcome the Year of Rabbit and send best wishes to a sensational 2023! It has been a few months – how are you?
In this issue, we cover:
- Year of Rabbit wishes with help of Open.AI
- Skytian exits 76-unit apt Florida deal with 43% gross IRR, 1.8x multiple in 20 months
- Health = Wealth, completing the Sarasota triathlon for charity
Today being Chinese new year, Year of Rabbit, we summoned the impressive artificial intelligence software Open.AI for help with our greetings. Here’s the lucky Rabbit wishing all our readers investing riches in the new year:
We also asked tome.app (based off Open.AI): “Is investing in Tampa real estate in 2023 a lucky move?” And we got this impressive (lucky) 8-page deck in just 60 seconds complete with anime rabbit images. The content is basic but fundamentally correct.
We agree with the conclusion:
Speaking of Tampa real estate, we are excited to share that Skytian Capital has fully exited our first Florida multifamily project – delivering a gross 43% and 1.8x multiple to our partners in just 20 months. Skytian acquired the undervalued 76 unit apartment community in the booming Clearwater submarket February 2021 and through strategic exterior and interior rehab, tenancy improvements and bit of luck with strong market, we raised rents and NOI over 25% in just 20 months and sold to a New York based buyer.
We believe that there is no wealth without health so we commit to be healthier – not less – with each new year. On January 8th, a group of us completed our first Olympic Triathlon in beautiful Sarasota.
Thought this event, we raised $3,500 to donate copies of our Wall Street Journal/USA Today best-selling book, Ten Commandments of Investing (#10Cs) to schools that promote financial literacy.
If you would like to purchase the book, please click on this link. All profits go to charity.
If you would like to partner or invest with us, kindly visit our website.
Thank you and 恭喜发财！
San
And if you like Andy Warhol as I do, we say goodbye for now with this Dall*e generated art for you to enjoy:
To partner/invest with Skytian, go to www.skytiancapital.com