The 10th in a Row Rake in Real Estate | 2min snip from The Fort

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#283 - Levi Benkert - Founder & CEO of Harbor Capital - Building a Class B Industrial Empire in Texas

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CHAPTER

The 10th in a Row Rake in Real Estate

I think we have 53 million under contract right now. All stabilized in the, I say, cap rate. What I mean is unlevered yield on cost because that's the only thing that really matters to me. And so there's certainly going to be some pain in some areas. But it's just not happening yet.

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Levi Benkert is a proven innovative business leader with 20 years of experience in strategic real estate-related business development. Levi founded Harbor Capital, a private equity firm focused on industrial real estate in Texas. Levi has leveraged his skills to identify unique opportunities, maximize growth, raise capital, and create a lasting vision for companies that he has founded and led. Levi has bought, managed, and developed over $450M in real estate properties in his career.

On this episode, Chris & Levi discuss:

➡️ Lessons learned during the 2008/2009 Great Financial Crisis

➡️ Story of moving to Ethiopia to build an orphanage and several businesses

➡️ Why he chose to focus on Class B Industrial throughout Texas

➡️ How Harbor underwrites deals and structures their real deals

➡️ Discussion on current real estate market

Learn more about The Fort Podcast by going to https://www.thefortpod.com/

Timestamps

(00:04:44) Levi’s career in home building through the GFC

(00:22:06) Building an orphanage & 4 different businesses in Ethiopia

(00:33:40) Building Harbor Capital with a focus on Class B Industrial

(00:36:06) Levi’s focus within Class B Industrial