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#348 - Omar Morales - Investment Sales @ Berkadia - Meet The 30-Year-Old Who’s Sold $3.3B Of Miami Real Estate

#348 - Omar Morales - Investment Sales @ Berkadia - Meet The 30-Year-Old Who’s Sold $3.3B Of Miami Real Estate

FromThe Fort - An Entrepreneurship Podcast


#348 - Omar Morales - Investment Sales @ Berkadia - Meet The 30-Year-Old Who’s Sold $3.3B Of Miami Real Estate

FromThe Fort - An Entrepreneurship Podcast

ratings:
Length:
73 minutes
Released:
Apr 23, 2024
Format:
Podcast episode

Description

Omar Morales is an investment sales broker at Berkadia that sells land & multifamily properties across South Florida. He has sold over $3.3 billion worth of real estate ranging from $130M land deals to $355M multifamily properties, even though his average deal size is roughly $50M. 

In this episode, Chris and Omar discuss:
- The state of the Miami RE market
- Building a world-class network
- The importance of building an online brand

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Topics:
(00:00:00) - Intro
(00:03:34) - The Morales family coming to America
(00:10:49) - What’s the state of the Miami RE market?
(00:13:52) - Miami sub-market analysis: Brickell
(00:19:05) - How have you built a world-class network?
(00:28:11) - Blackstone 
(00:30:40) - How hard is it to enter the Miami market?
(00:35:16) - Are there noticeable differences between domestic and foreign buyers?
(00:36:31) - What’s your activity been like this year?
(00:43:31) - How are people dealing with insurance in your market?
(00:46:25) - The Condo crisis
(00:55:59) - What are the things that get you to a quick ‘no’?
(00:59:01) - Where would invest $20m in Miami and where would you invest $200m?
(01:00:52) - Miami sub-market analysis: The Winwood market & Design District
(01:03:48) - What characteristics do your smartest clients have that separate them from the rest?
(01:06:54) - What has building a brand online done for you?

Omar Morales:
Follow Omar on X
Omar on LinkedIn
Berkadia

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The FORT is produced by Johnny Podcasts
Released:
Apr 23, 2024
Format:
Podcast episode

Titles in the series (100)

The FORT host, Chris Powers, talks with leaders of businesses across real estate and a variety of industries. As the Founder of Fort Capital, Chris brings a unique perspective and style that allows for a meaningful conversation that dives deep into ideas and topics not regularly discussed. Chris covers each guests story and explores in detail the critical moments that led to success, failure, growth, and confidence. Chris also strives to ask questions that provide practical wisdom that all listeners can learn from – not just in business, but in our personal lives. Thank you for listening!!