82 min listen
The Art of Raising a Fund with Matt Adler, Founder & Managing Principal of Adler Real Estate Partners
The Art of Raising a Fund with Matt Adler, Founder & Managing Principal of Adler Real Estate Partners
ratings:
Length:
76 minutes
Released:
Dec 13, 2023
Format:
Podcast episode
Description
Adler Real Estate Partners is an entrepreneurial real estate company pursuing a vertically integrated niche strategy which invests in multi-tenant light industrial and related business parks. The Company is highly focused on a specific market sector, enabling it to generate favorable risk-adjusted returns.Formed in 2012 as an independent company, the firm carries in its DNA the successful 50-year track record of acquiring and operating multi-tenant commercial real estate assets of Matthew Adler’s legacy family business, the Adler Group.On this episode, Jake and Matt discuss: - How the fund investing model has changed risk appetite- Adding value as an operator- Matt’s investment strategy- Creating incentives and deal structures- Surviving without a promote- Raising capitalConnect & Invest with Jake:Follow Jake on Twitter: https://twitter.com/jwurzakTake the Hospitality Investing Masterclass: https://learn.jakewurzak.com/Learn How to Invest with DoveHill: https://bit.ly/3yg8PwoLinks:Adler Real Estate PartnersSolo Ep on feesFour Seasons Golden Triangle ThailandTopics:(00:00:00) - Intro(00:02:00) - The post-covid industrial space(00:05:02) - Key moments in Matt’s career(00:08:40) - Gross-to-Net spread(00:09:59) - How the fund investing model has changed risk appetite(00:14:11) - Adding value as an operator(00:16:54) - Matt’s investment strategy(00:26:10) - Creating incentives and deal structures(00:38:05) - Surviving without a promote(00:42:29) - Raising capital(00:50:34) - Characteristics of a successful reporting memo(00:53:43) - Managing the business weekly(00:57:13) - Acquisitions people vs. asset managers(01:02:12) - The 3 KPI’s that determine whether to pursue a deal(01:06:57) - Acquisitions and investment size(01:09:24) - Sourcing deals(01:11:54) - Thoughts on debt(01:13:35) - What’s your favorite hotel?
Released:
Dec 13, 2023
Format:
Podcast episode
Titles in the series (66)
#8: Zach Kupperman - Founder and CEO of Kupperman Companies - Historic Tax Credits & Revitalizing New Orleans Hospitality: Zach has over a decade of experience developing real estate throughout the Southeast. Current and past projects include hotels, multi-family, mixed-use, and retail. As CEO, he sets the overall strategy for the firm and oversees all acquisition, de... by Masters of Moments