Building a $2B+ Real Estate Investment, Operation and Development firm - Greg Freedman - Co-Founder and Co-CEO of BH3 Management

As the Co-Founder and Co-CEO of BH3, Mr. Freedman oversees Investments, Financial Analysis, and Capital Markets across all BH3 transactions, and has expertise in financial analysis, credit, and underwriting. Before cofounding BH3, Mr. Freedman was a principal in a private lending company based in South Florida that financed bridge loans on commercial and residential real estate and oversaw capital markets relationships, loan/special servicing, and workouts.

On this episode, Jake and Greg discuss:

• How to identify A-Players
• The best way to comp people in REPE
• Organization-defining deals
• Capital structures

Links:

BH3 Management

Greg on LinkedIn

Connect & Invest with Jake:

Follow Jake on Twitter: https://twitter.com/jwurzak

Take the Hospitality Investing Masterclass: https://learn.jakewurzak.com/

Learn How to Invest with DoveHill: https://bit.ly/3yg8Pwo

Topics:

(00:00:00) - Intro

(00:02:48) - Greg’s career and background

(00:14:41) - How to identify A-players

(00:16:43) - What’s the best way to comp people in REPE?

(00:19:47) - Recruiting talent

(00:23:20) - Being both entrepreneurial and institutional

(00:28:40) - Organization-defining deals

(00:41:10) - The world of South Florida condo development 

(01:00:26) - Developing relationships

(01:05:00) - Capitalizing deals

(01:17:34) - Waterfall structures

(01:22:16) - Buying debt

(01:27:41) - What is your favorite hotel?