

Ep.50: GP-Aligned Investing...Multiple Ways to Win - Wes Whitman - Co-Founder & Co-Managing Partner at Whitman Peterson
15 snips Nov 5, 2024
Wes Whitman, Co-Founder and Co-Managing Partner of Whitman Peterson, brings extensive experience from Greystar to the table. He dives into the concept of GP-aligned investing, explaining its role in strategic partnerships. The conversation highlights case studies like AutoCamp and Hilton, showcasing how collaboration enhances visibility and efficiency. They also discuss investment strategies across alternative living sectors, addressing the housing crisis, and share insights on revitalizing properties like Sundance Resort. Wes emphasizes the importance of industry relationships for growth.
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Wes Whitman's Early Career
- Wes Whitman's early career involved a software business catering to newspapers transitioning to digital.
- After selling the software rights, he pursued an MBA at Harvard Business School.
Family Influence and Career Shift
- Wes Whitman's father worked at Trammell Crow, influencing his familiarity with real estate.
- Despite this, Whitman initially pursued technology before joining Greystar.
Multifamily Sector Transition
- The multifamily sector transitioned rapidly from mom-and-pop ownership to institutional investment.
- This shift dramatically impacted cap rates and multiples, offering valuable investment insights.