JF3044: Demystifying the Allure of Family Offices ft. Arti Shah
The Best Ever CRE Show
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Is There a Growth Market for Family Offices?
Arthy: Family offices don't like having idle cash. So we always keep a set percentage of the net worth in cash to take advantage of the next opportunity. We acquired this asset that was bleeding cash. Within a year, you're able to turn it around and have a million dollars of positive cash flow. Just because we identified all the mismanagement that was going on. Arthy: Go buy a distressed asset, see if it has an operating concept to it. Now we have a physical tangible asset and then you have an intangible asset with operating business.
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