The Best Ever CRE Show JF 3853: Real Estate Ethics, Value-Add Strategy, and Smart Capital Raising ft. Bo Diamond
10 snips
Mar 23, 2025 Bo Diamond, Managing Partner at Caisson Capital Partners, dives into his transition from Wall Street finance to real estate, focusing on attainable multifamily housing. He discusses his first 96-unit deal and shares insights on strategic partnerships and ethical investing. The conversation highlights market cycles, underwriting philosophy, and innovative tax strategies that can benefit investors. Bo emphasizes the importance of maintaining investor trust and ethical pricing in today's challenging market, providing valuable lessons for aspiring real estate professionals.
AI Snips
Chapters
Transcript
Episode notes
Career Transition to Real Estate
- Bo Diamond, initially an architect, transitioned to real estate after a Wall Street career starting in 2008.
- He moved to Northwest Arkansas in 2020, recognizing its potential as a growing market needing organized capital.
Investor-First Approach
- Prioritize investor interests by operating with transparency, avoiding conflicts of interest, and offering fair deal structures.
- Emulate institutional-grade deal structuring even for private capital to ensure fairness and attract sophisticated investors.
First Deal Success
- Caisson Capital Partner's first deal was a 96-unit multifamily property in Bentonville, Arkansas, purchased for $85/unit.
- They achieved a near 50% IRR in two years, exceeding their five-year NOI projections early.