Real Estate Reserve Podcast Joel Friedland - The Deal That Changed My Life
Joel Friedland - The Deal That Changed My Life
In this episode of The Deal That Changed My Life, we welcome back Chicago industrial real estate investor Joel Friedland to share the incredible story of a deal that completely transformed his career.
Joel has purchased more than 100 industrial buildings with over 250 investors across the Chicago area—but one deal in Elmhurst, Illinois, stands out above the rest. What started as a vacant 100,000-square-foot warehouse once home to Keebler turned into a 15-year lease with Comcast and an unbelievable 40% cash-on-cash return.
From panic over a year-and-a-half vacancy to landing a dream tenant—and even getting his cable fixed along the way—Joel breaks down what made this deal the best (and luckiest) of his career.
🎙️ In this episode:
-
How Joel discovered and financed the Elmhurst deal
-
The turning point that brought Comcast to the table
-
Negotiating a 15-year lease and record returns
-
Why taking risks (and keeping your sense of humor) matters in real estate
-
Lessons learned from 100+ industrial investments
If you love real estate success stories, investor insights, and candid conversations about risk, luck, and grit, this one's for you.
If you enjoyed this podcast we would appreciate a positive review...
https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777