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

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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