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Gabe is responsible for all aspects of the investment process including deal origination, due diligence, financing, investor relations, dispositions, and refinancings. Gabe works closely with the Head of Renovations on building repositioning and the Chief Operating Officer on asset management and property management. Gabe believes that a deep understanding of market and economic fundamentals are key to pricing real estate assets and leverages his 25 years of investment analysis to understand and forecast the risks and cash flows of investing in metro Denver real estate.
Gabe has led more than $50mm of multi-family investments in metro Denver, across more than 500 apartment units in Denver, Lakewood, and Aurora. Gabe is also the co-manager of over $25mm of multi-family investments (164 units) in Los Angeles.
On this episode, Chris & Gabe discuss:
➡️ His investing principles
➡️ What he learned from years on Wall Street
➡️ Why he chose sub-institutional MF
➡️ How he underwrites opportunities and creates value
➡️ Current market discussion and Tekton's plans for the future
Additional Resources
👉 Tekton Group
👉 Gabe on Twitter
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➡️ Learn more about BetterPitch
➡️ Fort Capital: www.FortCapitalLP.com
➡️ Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/
➡️ Follow Chris on Twitter: www.twitter.com/FortWorthChris
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➡️ Subscribe to The FORT on YouTube
Timestamps
(00:00:00) Intro
(00:05:02) Gabe’s background and career on Wall St.
(00:08:33) Investment principles developed on Wall St. and in Real Estate
(00:15:29) Don’t fight the FED!
(00:25:58) Only play winnable games
(00:33:02) Making the jump from Wall St. to Real Estate
(00:36:44) Sourcing deals
(00:41:14) What a great deal looks like for Gabe
(00:51:02) Creating value on assets
(00:57:03) Finding a great 3rd party manager
(01:00:49) Unit renovations and turnover times
(01:04:14) Landlord horror stories
(01:12:29) How are you positioning your company for the next three years?
(01:21:51) Syndications and Funds
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The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.
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