Damon Hemmerdinger's Avatar

Damon Hemmerdinger

@damonhemmerdinger.bsky.social

Placemaker-in-Chief, Camp North End and Real estate developer, ATCO Properties.

776 Followers  |  520 Following  |  594 Posts  |  Joined: 04.12.2023
Posts Following

Posts by Damon Hemmerdinger (@damonhemmerdinger.bsky.social)

6. Involve your team.

Share a rough draft of your reports with a few people on your team for input. You'll end up with a more complete and better written document with support from the team.
7/7

21.02.2026 17:31 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

5. Separate action items from regular reporting.

Send requests that require action from investors separately from your quarterly report. My action item emails start with the subject line β€œ[ACTION REQUESTED]”, and I give a deadline by which I hope to receive a response.

6/7

21.02.2026 17:31 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

4. Include Photos

Many investors choose real estate because they want an investment they can touch and feel. High quality photos help bring them along for the ride and appreciate the progress that’s being made.

5/7

21.02.2026 17:31 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

3. Be on time

I send a report out like clockwork on the first day of every quarter. Period.
4/7

21.02.2026 17:31 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

2. Be transparent.

Write explicitly about the things that are going well and things you’re worried about. Being trustworthy is essential if you hope to turn a first-time investor into a long-time partner.



3/7

21.02.2026 17:31 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

1. Give context.

None of your investors are paying as much attention to your project as you are, so it’s important to put each point in context. The key is giving enough context that it makes sense without giving so much context that the report is no longer interesting.


2/7

21.02.2026 17:31 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Communicating with investors is a required skill for anyone who wants a career in real estate. Five tips on writing good investor reports:

1/7

21.02.2026 17:31 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Real estate is both a product and a service business.

Your product is the buildings you create.

Your service is delivering investor returns.

Being good at both is essential for real estate entrepreneurs.

20.02.2026 17:29 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Post image Post image Post image Post image

Closing out this series of #DamonsFavoriteDetails (at least for now) with some favorite moments at Ponce City Market.

14.02.2026 17:30 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Post image Post image Post image Post image

The Reserve in Playa Vista has open ceilings with the cleanest infrastructure I've ever seen. #DamonsFavoriteDetails

13.02.2026 17:28 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Post image Post image

OK. Truth be told, I have two favorite canopies. This one is on Wycoff Ave in Bushwick. #DamonsFavoriteDetails

12.02.2026 16:42 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Post image Post image Post image

Who else has a favorite canopy? Mine is this Meatpacking District gem (345 West 14th St) #DamonsFavoriteDetails

11.02.2026 15:31 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Post image

How do you approach curating your tenant mix?

Photo: Grow: A Plant Shop
10/10

10.02.2026 20:05 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Post image

8. We collaborate on marketing.

From jointly announcing a lease signing, through grand opening, and beyond!

Photo: Hex Coffee
9/10

10.02.2026 20:05 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
Post image

7. We insist our tenants install great signage.

We push (and push and push) the tenant to go bigger, to be more creative, to illuminate the sign - because by then they are short on funding and underestimate the importance of the sign.

Photo: Hardy Boys Records
8/10

10.02.2026 20:05 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
Post image

6. All of our leases include percentage rent.

This is the best way to align the landlord and tenant.

We regularly walk from deals over this issue.

Photo: Halal Street Foods
7/10

10.02.2026 20:05 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
Post image

5. We sign short-duration leases

A failing small business leaves even if they have a long lease.

We always renew a short-term lease with a great tenant, & we stay in control of the space if tenants turn out not to be so great for the overall tenant mix.

Photo: Dupp & Swat
6/10

10.02.2026 20:05 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
Post image

4. We build small retail spaces and fit them out for flexibility.

This minimizes credit risk for any particular tenant.

Photo: Babe and Butcher
5/10

10.02.2026 20:05 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
Post image

3. We accept that the best local retailers probably have no credit.

We can do this because the overall credit profile of our project is dominated by large office tenants. (We still do background and credit checks to look for bad actors.)

Photo: Black Moth Bars
4/10

10.02.2026 20:05 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
Post image

2. We prefer tenants with a narrow niche.

Niche stores attract loyal customers from all across the market, & once they visit they will cross-shop if u have the right tenant mix.

Narrow niche businesses also minimize competition among tenants in the future.

Photo: Fitteds
3/10

10.02.2026 20:05 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
Post image

1. We look for the owner-operators of the best local retail and F&B startups.

We visit food truck gatherings and pop-up markets. We network like crazy. And we’re also fortunate that we are now getting a lot of inbound interest.

Photo: Seemingly Overzealous
2/10

10.02.2026 20:05 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
Post image Post image

A curated tenant mix is the key to a successful retail environment. Here’s some steps were taking to achieve this at Camp North End.

A 🧡
1/10

10.02.2026 20:05 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
Post image Post image Post image Post image

Who else has a favorite parking garage? Mine is in the LA Arts District in the "at Mateo" project. #DamonsFavoriteDetails

10.02.2026 18:08 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Post image Post image Post image Post image

Who else loves Domino Park in Brooklyn? #DamonsFavoriteDetails

09.02.2026 16:30 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Post image Post image Post image Post image

Industry City has the best planters.*. #DamonsFavoriteDetails


* Remember, all planters should have vines spilling over the sides.

08.02.2026 16:31 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Post image Post image Post image Post image

More #DamonsFavoriteDetails, this time from The Camp in Costa Mesa, CA. I particularly love the parking lot labels.

07.02.2026 17:31 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

When your kids tattle on each other or someone else, your response should always be, β€œWhat happened just before that?”

06.02.2026 17:29 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
Post image

We ask our main vendors to sign on to our Code of Conduct (the company and the individual working at our property). This establishes our expectations, and makes a future conversation about banning an employee easy.

05.02.2026 16:32 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Post image

#1 sign of a real, real estate developer?
Scuffed shoes.

01.02.2026 16:32 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 1

We speak at 150 words per minute but think at 700, so most people are only half-listening.

True listening - not just waiting for your turn to speak - is a huge negotiation hack.

31.01.2026 17:30 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0