The Best Ever CRE Show JF 3995: Navigating Market Cycles, Building Legacy Projects, and Scaling Passive Investment Returns ft. David Hrizak
Aug 12, 2025
David Hrizak, CEO of Streamline Capital Group with 29 years in real estate, dives into his inspiring journey. After a near-death experience, he co-founded a firm focusing on passive investing, specifically targeting resilient medical and Class B office buildings in Phoenix. He discusses a bold ground-up project—a lavish 70,000-square-foot music venue—and shares insights on tax benefits like bonus depreciation. David emphasizes the importance of market adaptability and investor education in cultivating long-term legacy projects.
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Near-Death Prompted An 'Unretire' Moment
- David Hrizak nearly died after being thrown from a horse and briefly retired from real estate.
- He felt a void and returned, forming Streamline Capital Group to help passive investors.
Vertical Integration Tightens Control And Returns
- David Hrizak vertically integrates capital raising, general contracting, and asset management to control execution and costs.
- He argues this in-house model improves returns and aligns incentives for passive investors.
2008 Pivot: Finish And Hold, Not Fire-Sale
- During the 2008 crash David Hrizak paused sales and converted a townhome development into rentals to survive.
- He credits a cooperative community bank CEO for restructuring and avoiding foreclosure.