Working Capital Commercial Real Estate How Risky is Real Estate with Lance Pederson | EP54
May 19, 2021
47:52
Lance Pederson has worked in the middle-market real estate space for more than 13 years and has helped over 180 entrepreneurs architect pooled investment funds. He is the Founder and Managing Partner of Verivest, an end-to-end real estate investment platform designed to bring transparency to middle-market investing. He’s also a principal of Fairway America, a private equity real estate equity in Portland, Oregon. Lastly, Lance is the host of the ‘The Real Estate Risk Report,’ podcast, featuring conversations with real estate sponsors around the topic of risk mitigation
In this episode we talked about:
- Lance`s background
- The transition from hard money lending to private equity real estate
- The structure of the company
- Role of the operator in a deal
- Fund model
- Verivest, how do they help companies?
- Operators: control, validation, trust
- Personality types of investors and team members
- Risk mitigation
- Track record
- Catch-up mechanism in private equity
- The process of sponsorship investment
- Mentorship