The FORT Podcast: Gabe Bodhi – CEO of Tekton Group – Expert in Sub-Institutional Multi-family investments
Gabe is responsible for all aspects of the investment process including deal origination, due diligence, financing, investor relations, dispositions, and refinancings. Gabe works closely with the Head of Renovations on building repositioning and the Chief Operating Officer on asset management and property management. Gabe believes that a deep understanding of market and economic fundamentals are key to pricing real estate assets and leverages his 25 years of investment analysis to understand and forecast the risks and cash flows of investing in metro Denver real estate.
Gabe has led more than $50mm of multi-family investments in metro Denver, across more than 500 apartment units in Denver, Lakewood, and Aurora. Gabe is also the co-manager of over $25mm of multi-family investments (164 units) in Los Angeles.
Listen on:
Spotify
Apple Podcasts
YouTube
On this episode, Chris & Gabe discuss:
➡️ His investing principles
➡️ What he learned from years on Wall Street
➡️ Why he chose sub-institutional MF
➡️ How he underwrites opportunities and creates value
➡️ Current market discussion and Tekton’s plans for the future
Timestamps
(00:00:00) Intro
(00:05:02) Gabe’s background and career on Wall St.
(00:08:33) Investment principles developed on Wall St. and in Real Estate
(00:15:29) Don’t fight the FED!
(00:25:58) Only play winnable games
(00:33:02) Making the jump from Wall St. to Real Estate
(00:36:44) Sourcing deals
(00:41:14) What a great deal looks like for Gabe
(00:51:02) Creating value on assets
(00:57:03) Finding a great 3rd party manager
(01:00:49) Unit renovations and turnover times
(01:04:14) Landlord horror stories
(01:12:29) How are you positioning your company for the next three years?
(01:21:51) Syndications and Funds
Episode Summary
In the intricate world of real estate, few individuals possess the profound expertise and insights that Gabe Bodhi brings to the table. Recently, Gabe graced the podcast hosted by the astute Chris Powers, offering listeners an invaluable treasure trove of knowledge on the nuanced dynamics of real estate.
Gabe Bodhi’s reputation in the real estate sector is built on a foundation of strategic foresight, adaptability, and an innate ability to navigate market intricacies. His engagement with Chris Powers provides a testament to his depth of knowledge and his ability to elucidate complex market dynamics with unparalleled clarity.
The episode initiates with a deep dive into the symbiotic relationship between real estate and investment. Gabe’s methodical approach to analyzing property market dynamics offers listeners a roadmap for effective investment strategies. He emphasizes the critical balance between rigorous market analysis and intuition. This combination, as Gabe suggests, is instrumental in identifying lucrative opportunities and mitigating potential risks.
As the conversation unfolds, the listeners are offered a panoramic view of the real estate landscape. Gabe and Chris, with their combined expertise, dissect the sector’s challenges and opportunities, painting a comprehensive picture of the current and prospective trajectories of the real estate domain. Gabe’s insights, particularly on the evolving market trends, offer listeners a vantage point to understand and leverage the dynamic shifts in the industry.
A significant segment of the podcast is dedicated to investment paradigms within real estate. Gabe unravels the intricacies of identifying potential ventures. His approach, which hinges on a blend of meticulous market scrutiny and seasoned intuition, is presented as a blueprint for success. For those aiming to carve a niche in real estate investments, Gabe’s methodology offers a pragmatic yet insightful guide.
The dialogue also ventures into the realm of business strategies tailored for the real estate sector. Gabe’s emphasis on adaptability, strategic foresight, and a deep-rooted understanding of market dynamics resonates deeply. His experiential anecdotes serve as both a cautionary tale and a source of inspiration. These narratives underscore the challenges inherent in the sector while also spotlighting the strategies that have been pivotal to his business successes.
In conclusion, this podcast episode with Gabe Bodhi isn’t merely a conversation; it’s a masterclass in real estate dynamics. The insights shared, backed by Gabe’s vast experience and Chris’s probing questions, make this episode a must-listen for anyone aiming to delve deep into the real estate sector. The dialogue between Gabe and Chris is both enlightening and informative, ensuring that listeners are equipped with the knowledge and strategies vital for success in the ever-evolving world of real estate.
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The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.
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