Market commentary, deal analysis, and operational notes from the Maco Equity Partners team. The diligence behind the deals we close — and the ones we walk away from.
Most deals look good in the pitchbook. The ones we close look good after the stress test. The four scenarios we run on every acquisition, the line items that have killed our last six passes, and what our network sees before we ever sign an LOI.
Read the postWe walk through an actual underwrite — anonymized — from sourcing through LOI. The assumptions we tested, the sensitivities that mattered, and the line item that ultimately killed the deal.
Palm Beach County's industrial fundamentals continue to outperform consensus. Population in-migration, the I-95 logistics corridor, and constrained land supply support our positioning.
Our operational playbook for the first 100 days post-close: stakeholder mapping, the 30-60-90 plan, where to act immediately, and where to actively resist the urge to change anything.
Across every investment, the difference between the median outcome and the top-quartile outcome was almost always the operator. What we look for, how we test it, the questions we ask.
Our annual look forward. Five themes that will shape capital deployment in 2026 — small-bay supply, debt cost normalization, Florida insurance, demographics, and capital concentration.
The four scenarios we run on every acquisition, the line items that have killed our last six passes, and what our network sees before we ever sign an LOI.
"We publish what we'd want to read ourselves — the analysis behind the analysis, the assumptions made explicit, and the deals we got wrong alongside the ones we got right."
New posts and quarterly research delivered the first week of each quarter. No spam, no sales sequences — just the analysis.