Family Office Podcast: Billionaire & Centimillionaire Interviews & Investor Club Insights cover image

Converting Motels to Apartments for Workforce Housing - An Exclusive Interview with Andrew LeBaron

Family Office Podcast: Billionaire & Centimillionaire Interviews & Investor Club Insights

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The Speed of Return on Capital

I was attracted to working with Andrew and Jacob, the other co-founder is one to both happen to be Eagle Scouts. We had just a values-focused way of doing business and Andrew and Jacob both have a deep work ethic, which is not always the case with people you meet in our investor club or businesses as unusual. And what I found over time is that there's a thousand people syndicating multifamily deals and I had never heard of someone not converting big hotels, but ugly, mid-sized motels into multifamily workforce housing apartments.

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