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Capital by Design

Eric Brody

Lessons from a capital advisor and 20+ year real estate developer

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Substack
PricingOnly free issuesPublishesTwice weekly
Issues9Founded7 months agoLast Issue5 months ago
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Latest Issues

The most expensive PSA mistake

You commit to close, or lose a deposit, before the risks that actually control the deal are known, bounded, or financeable.

Everything in a PSA exists to either protect you from that mismatch or accelerate it.

PSA Risk Is Tactical...

5 months ago
3

The Most Dangerous Assumption About “Economies of Scale” in Development

The most dangerous assumption developers make is believing multiple buildings behave like one business.
They don’t.

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I often hear:
“I need to keep my guys moving.”

That mindset never made sense to me. You don’t take deve...

5 months ago
2

When a Building Stops Being a Building — and Becomes a System

It’s the first Monday of 2026.

New mayor. New rhetoric. Same math.

Thanks for reading Capital by Design! Subscribe for free to receive new posts and support my work.

Mayor Mamdani wants:

More units
More affordability
More enforcemen...

5 months ago
3

We’re building the next generation of real estate professionals

People with grit, curiosity, and real execution skills. We’ve paired content, technology, and training to compress what used to take decades into months and years. If you’re hungry to learn real estate, construction, development, finance—an...

5 months ago
2

Breaking headlines, misunderstood risk.

Buildings are designed to move. What matters isn’t settlement—it’s differential settlement. When movement is uniform, it’s expected and manageable. The real risk only appears when forces act unevenly. Engineering, monitoring, and remediatio...

5 months ago

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  • Eric Brody

    Real estate development lessons from the inside.

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