I invested in 1962 Market Street in October 2022 — a ground-up development in Denver syndicated through Denver Angels with Monfort Companies as the developer. The property is now fully built, well-stabilized, and we're expecting to exit within the next six months. This one looks like it's going to be a good outcome. What set this deal apart was how the operator ran the process. They installed video cameras on the construction site and gave investors direct access to the feed — I could watch the building go up in real time. On top of that, communication was consistent throughout: regular updates, photos, progress reports, and detailed financials. For an asset class that carries as much risk as ground-up construction, that level of transparency made a real difference in how I experienced the deal as an LP. This was my first development deal, and I didn't know what to expect going in. Since then, I've participated in several ground-up construction deals, and they are all over the place in terms of performance. Development carries layers of risk that stabilized acquisitions simply don't — construction risk, timeline risk, lease-up risk, permitting delays, cost overruns. You need to make sure you're being compensated for all of that. I'm glad this one turned out well. It opened my eyes to what a well-executed construction deal should look like and gave me a benchmark for evaluating every development deal that's come across my desk since.