24 min listen
Benefits of a Real Estate Fund & How to Mitigate Risk in Today’s Economy | Mikey Taylor Pt. 2 E49
Benefits of a Real Estate Fund & How to Mitigate Risk in Today’s Economy | Mikey Taylor Pt. 2 E49
ratings:
Length:
46 minutes
Released:
May 18, 2023
Format:
Podcast episode
Description
Serial entrepreneur and former professional skateboarder, Mikey Taylor is the President and Managing Principal of Commune Capital, a private equity firm that invests in commercial real estate. After a successful 14 year skateboarding career, Mikey began the transition into entrepreneurship and business building, when he recognized an opportunity in the emerging craft beer industry. He utilized his marketing experience from skateboarding to co-found Saint Archer Brewery. In part 2 of their interview, Rich and Mikey discuss his pivot into commercial real estate investing, raising money for funds vs. syndications, self-storage, multifamily and ground-up development. They dive into how Mikey built his business, Commune Capital, strategies with investors, and some of the biggest risks he faces with his projects. Mikey also shares what he’s most excited for in 2023 and his biggest motivation for getting out of bed in the mornings. Connect with Mikey on Instagram: @mikeytaylor--Connect with Rich on Instagram: @rich_somersInterested in investing with Somers Capital? Visit www.somerscapital.com/invest to learn more. Interested in joining our Boutique Hotel Mastermind? Visit www.somerscapital.com/mastermind to book a free call. Interested in STR/Boutique Hotel Management? Visit www.excelsiorstays.com/management to book a free call.
Released:
May 18, 2023
Format:
Podcast episode
Titles in the series (100)
Why Prioritizing Mindset and Team is Important Before Scaling | Mike Sjogren & Emanuele Pani Pt. 1 E10 by The Rich Somers Report