Working Capital Commercial Real Estate Building & Nurturing Investor Relationships with August Biniaz | EP134
August Biniaz is the Co-founder and COO of CPI Capital. CPI Capital is a Real Estate Private Equity firm with its mandate to acquire Multifamily and BTR-SFR assets while partnering with passive investors as Limited Partners. August was instrumental in the closing of over $208 million of multifamily assets since inception.
August educates real estate investors through Webinars, YouTube shows, Weekly Newsletter and one-on-one coaching. He is the host of Real Estate Investing Demystified PodCast - https://podcasts.apple.com/ca/podcast/real-estate-investing-demystified/id1650186768
In this episode we talked about:
- August’s Background and how he Found his Niche in Private Equity
- Nuances and Differences between Investing in the US and Investing in Canada
- Single-Family Rental
- Deals Syndication
- August’s Geography of Deals
- Syndication Structure
- Limited Partnership
- Syndication VS Joint Venture
- Difference between Funds and Syndication
- State of the Economy Overview
- Advice to Newcomers
- Resources and Lesson Learned
Useful links:
Books: “Best Ever Apartment Syndication Book” by Joe Fairless
“Raising Capital for Real Estate: How to Attract Investors, Establish Credibility, and Fund Deals” by Hunter Thompson
https://www.linkedin.com/in/august-biniaz-23291460/?originalSubdomain=ca
https://www.youtube.com/channel/UCBliV4We30bjaKqmqri8jQg
Transcriptions:
Jesse (0s): Welcome to the Working Capital Real Estate Podcast. My name's Jessica Galley, and on this show we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. Ladies and gentlemen, my name's Jessica Galley, and you're listening to Working Capital, the Real Estate Podcast. Our guest today is August Biaz. August is the co-founder and c o of c p i, capital c p i.
Capital is a real estate private equity firm with its mandate to acquire multi-family and B T R S F R assets, and we'll get into what that is shortly while partnering with passive investors as limited partners. August has been instrumental in the closing of over 208 million of multi-family assets since its inception. August educates real estate investors through webinars, YouTube shows, weekly newsletter, and one-on-one coaching. He is the host of real estate investing demystified podcasts. August. How you doing?
August (1m 1s): Great, man. We're doing much better now that I'm here with you, brother.
Jesse (1m 4s): Beautiful. Well, I'm glad that we finally were able to do this. There's a little back and forth I was traveling, but you look great. You always look sharp for those that are listening full suit and tie, so I'm excited to to chat today.
August (1m 17s): Absolutely. You gotta stay in character, right? When you're in private equity, you just gotta be in character all times. Yeah,
Jesse (1m 23s): The August avatar, So August, you know, for those that don't know, we, we did have a conversation, I think it was the beginning of 20, or the end of 2021. Time flies. I can't believe we're gonna be in 2023 very soon here. But