Business Buying Academy How to Build a Portfolio of 190 Apartment Buildings - Jeffrey Jaeger
Jun 20, 2025
Jeffrey Jaeger, co-founder of Standard Communities, shares insights from managing a $5 billion portfolio of affordable housing. He discusses his shift from retail to real estate, revealing how he identified a niche in apartment investments. Jaeger provides tips on analyzing and managing properties, the importance of teamwork, and handling partnerships. He also touches on leveraging AI for efficient data management and navigating public-private partnerships in low-income housing. A must-listen for aspiring real estate investors!
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Jeffrey's Affordable Housing Start
- Jeffrey Jaeger fell into affordable housing after a broad real estate investment banking role exposing him to all sectors.
- He gravitated toward apartments because of their tangible community impact and more predictable risk profile.
Early Business Start During Crisis
- Jeffrey and Scott started their business in a market frozen by the 2008 financial crisis, resulting in a year of inactivity.
- They explored overseas opportunities before landing their first deal buying distressed loans directly from banks.
Foreclosure Laws Shape Strategy
- States differ in foreclosure processes: mortgage states use lengthy court procedures, while deed-of-trust states have faster third-party trustee auctions.
- Jeffrey targeted mortgage states where lenders preferred selling loans to avoid lengthy foreclosures, exploiting this legal environment strategically.