Kent is a Managing Director with Birge & Held Asset Management, a multifamily private equity firm with over $1.4 billion in assets under management. Kent's skillset as a multifamily operator draws from a successful career as a management consultant and a startup owner. Now he applies that skillset to transform apartment buildings and create modern affordable housing for America’s workforce.
In this episode we discuss:
- How Kent kicked off his real estate career
- The role of the deal sponsor
- Geography’s impact on real estate
- Kents initial investments
- Preparation before Kent's first deal syndication
- Mentorship
- Investing out of state
- Real estate in the midwest
- Founding of Kent's own company and its market niche
- Structure of deals
- Key principles of investment
- Current state of economy and safety cushion
Working Capital Commercial Real Estate