Ep.54: From Patience to Partnership: How Family Offices Navigate Private Markets - Todd S. Rich - Co-Founder and Head of Real Estate - Declaration Partners

Todd Rich is a Co-Founder and Partner of Declaration Partners and the Head of Real Estate, serving as chairman of Declaration’s Real Estate Investment Committee. Todd co-founded Declaration with two decades of multi-market real estate investing and operating experience including acquisitions, dispositions, development, leasing, and management of portfolios involving over $20 billion of institutional quality real estate.

Links:

Declaration Partners - https://declarationpartners.com/

Todd on LinkedIn - https://www.linkedin.com/in/todd-s-rich-6a091333/

The Declaration Partners Podcast - https://declarationpartners.com/podcast/

Green Street Reports - https://www.greenstreet.com/real-estate-reit-research

Juniper Square - https://www.junipersquare.com/

Brandon on LinkedIn - https://www.linkedin.com/in/bsedloff/

Topics:

(00:00:00) - Intro

(00:01:49) - Todd’s career and background

(00:16:24) - Founding Declaration Partners

(00:22:13) - The Ethos of Declaration

(00:24:27) - The scale of Declaration Partners today

(00:27:37) - Family vs. Institutional capital

(00:31:42) - How are family offices thinking about Real Estate as part of their allocation strategy?

(00:36:00) - LP Learnings

(00:38:41) - Todd’s “Declaration”

(00:40:45) - Focusing on Multifamily, Industrial and Self-Storage

(00:43:08) - Declaration’s Partner-led model

(00:47:03) - What great partners look like

(00:51:18) - Duration strategies

(00:53:17) - Are there any new asset classes that interest you?

(00:54:25) - Closing non-sequiturs