SailGP in San Francisco

On the docks 

We hosted clients and friends at the Golden Gate Yacht Club this weekend for SailGP, the sailing league founded by Larry Ellison after he lost the America’s Cup in 2017.

Our little club became the home club for Team Oracle Racing. The fantastic book “The Billionaire and the Mechanic: How Larry Ellison and a Car mechanic Teamed Up to Win Sailing’s Greatest Race, the America’s Cup” tells the story of a blue-collar, bankrupt yacht club that became one of only six yacht clubs in the world to have won the America’s Cup over its 172-year history. Think of that: 172 years and 6 clubs. The list now stands at

I’m fortunate to serve as the commodore of the GGYC. We got to meet the teams on the docks and watch the races from behind the scenes. I’m excited to take clients and friends to the races in New York City June 7 and 8.

At the office

We’re busy with lots of developments, including a UI upgrade for Backshop that we should finish in a few weeks. We’re scheduling client meetings to gather their lists of enhancements, then we’ll plan the second-half-of-2025 roadmap.

All good things.

Have fun out there,

Jim

Sail down for team Australia:

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About CMBS.com

Founded in 2000, CMBS.com provides commercial real estate valuation, pipeline, loan origination, asset management, and securitization management software. The firm’s flagship platform, Backshop, is the leading CRE loan origination, management and servicing platform supporting a range of CRE market participants. CMBS.com is also an authorized third-party data provider to the CMBS industry.

Contact

Jim Flaherty
Founder & CEO, Backshop
jim@cmbs.com