The Nick Huber Show

Ep 113: Interview with Chris Powers of Fort Capital

Aug 28, 2023

Chris Powers, a serial entrepreneur with over 16 years of real estate experience, talks about industrial real estate in the Dallas Fort Worth area, raising funds, selling to larger institutions, wealth and personal goals, managing risk in the industry, factors driving demand, streamlining investments with Juniper Square, real estate deal structures, the impact of Twitter, and finding balance between ambition and contentment.

01:40:27

Creator website

Episode guests

Chris Powers

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

The industrial real estate sector and self-storage industry showed resilience and positive growth during the COVID-19 pandemic, indicating potential investment opportunities.

Selling a large industrial real estate portfolio during the pandemic presented emotional and financial challenges, highlighting the importance of making informed decisions and being empathetic to employees.

Lessons from the crisis include the significance of optimism, adaptability, and empathy, as well as finding contentment and giving back.

Establishing competitive advantages through strong relationships and innovative ideas can help stand out in the highly competitive real estate market.

Deep dives

The Impact of COVID-19 on the Real Estate Market

When COVID-19 hit, the real estate market was thrown into uncertainty, causing fear and concern for entrepreneurs and business owners. The podcast host shares his personal experience of feeling scared and worried about the future of his business and the impact on his employees. However, despite the initial challenges, the industrial real estate sector and self-storage industry showed resilience, with high demand and positive growth. The host advises entrepreneurs to consider their financial goals, weigh the potential benefits of selling assets, and the importance of finding contentment and giving back.

Introduction

2min

Interview with Chris Powers: From Entrepreneurship to Building a Real Estate Private Equity Company

5min

Becoming Experts in Class B Industrial Properties

18min

Raising Funds and Selling to Larger Institutions

14min

Wealth, Money, and Personal Goals

8min

Managing Risk and Uncertainty in the Real Estate Industry

12min

Factors Driving Demand and Efficient Deal Filings

3min

Streamlining Investments with Juniper Square

4min

Real Estate Deal Structures and Financing

13min

10.

The Impact of Twitter on Lives and Businesses

15min

11.

Bitcoin Investment and Finding Balance Between Ambition and Contentment

6min

In this episode, I sit down with my friend and mentor Chris Powers of Fort Capital who specializes in industrial real estate in the Dallas Fort Worth area.

Chris is a serial entrepreneur with more than 16 years of real estate development and investment experience. He founded Fort Capital in 2005, and to date, the company has invested over $584M in Class B industrial, commercial, multifamily, student housing, and residential/land development projects throughout the state of Texas.

Thanks for listening!

Like this episode?

I think you’ll love my newsletter. I write a long form essay on how to build wealth and succeed to 250K+ readers each week. Subscribe here: www.nickhuber.com/newsletter

Want to see all of my companies? Click here: www.nickhuber.com/portfolio

Want more of my content?

I’m @SweatyStartup everywhere:

Say hello on X: www.x.com/sweatystartup

LinkedIn: www.linkedin.com/in/sweatystartup

Instagram: www.instagram.com/sweatystartup

TikTok: www.tiktok.com/sweatystartup

Apple Podcasts: https://podcasts.apple.com/us/podcast/the-nick-huber-show/id1576120606

Spotify: https://open.spotify.com/show/7L5zQxijU81xq4SbVYNs81

Want my team and I to help sell your business? Click here: www.nickhuber.com/sell

Want to buy a business that my brokerage represents? Click here: www.nickhuber.com/buy

Are you an accredited investor and interested in learning more about potential deals? Fill out this form: www.nickhuber.com/invest