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How Culture and People Create Real Estate Outperformance - Wade Madden - CEO @ Olympus Property

16 snips
Nov 7, 2025
Wade Madden, CEO of Olympus Property, brings his extensive experience in risk management and entrepreneurship to the forefront of multifamily real estate. He discusses how a culture-driven approach has enabled Olympus to scale to 36,000 units and $9B in assets. Emphasizing servant leadership and bottom-up budgeting, he illustrates how these practices lead to better performance. Wade also highlights the integration of AI to empower teams and shares insights from their partnership with Ritz-Carlton to enhance customer service, revealing why people truly matter in driving operational success.
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INSIGHT

People And Culture Drive Alpha

  • Olympus attributes outperformance to people and culture, not just underwriting or deals.
  • Intentional hiring, talent acquisition, and culture drive operational alpha across the portfolio.
ANECDOTE

Operator Transition Fueled Growth

  • Wade moved from acquisitions to operations and fell in love with working directly with teams on properties.
  • He credits that hands-on experience for helping Olympus triple in size since he joined.
ADVICE

Budget Bottom-Up From Property Teams

  • Start budgets bottom-up by asking property teams for their on-the-ground assumptions and numbers.
  • Use those inputs to build realistic capital plans and support operational decisions.
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