The Distribution by Juniper Square Ep. 10: The Ongoing Search for Technological Solutions to Increase Productivity, Transparency, and Efficiency - Jeff Toporek - Co-Founder & Principal of FD Stonewater
On today’s episode, I sit down with Jeff Toporek, co-founder and principal of FD Stonewater, a boutique development, investment, brokerage, and asset management firm. As a leader in the firm’s investment and asset management platforms, Jeff focuses his entrepreneurial energies on creating value from every angle of a transaction, including property operations, leasing, portfolio and risk management, and capital markets execution.
During our conversation, we discuss how FD Stonewater approaches single-tenant assets, how they’re using technology to drive greater efficiency, and his search for the Holy Grail of dashboards.
Let’s get into it.
Links:
Jtoporek@FDStonewater.com
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Connect with Brandon Sedloff on LinkedIn: https://www.linkedin.com/in/bsedloff/
Timestamps
(00:01:05) - Jeff’s background and career
(00:03:37) - What was the business thesis for starting FD Stonewater?
(00:06:17) - How did you come to know the folks at Fortress and how did that inform the direction of the company?
(00:09:06) - How has the capitalization of the business evolved?
(00:13:09) - What is your unique advantage at FD?
(00:15:33) - What are some of the headline stats for the organization?
(00:20:09) - Why did you choose to pursue the non-institutional capital route?
(00:27:31) - What is a single-tenant deal, who is the tenant and what do the economics look like?
(00:34:51) - How much do you care about the type of tenant and their credit?
(00:39:17) - What is your outlook on our economic environment today?
(00:44:20) - What are you seeing from the Investor's perspective given these choppy waters?
(00:50:04) - What lessons have you learned since launching an open end-fund?
(00:52:59) - How have you embraced technology in your business and how does the industry need to implement data and machine learning going forward?
(01:03:42) - Do you have any predictions for 2023 Capital Markets?
(01:05:16) - What’s the best way for people to learn more?