Family Office Real Estate Institute Podcast

Welcome to the "The Future of Real Estate & Tokenization" episode. In this episode, we speak with Ed Nwokedi from Red Swan on real estate tokenization. Family offices need to be aware that this innovation is in the process and will become a significant part of real estate investing in the future. Listen as we discuss what real estate tokenization is, how it works, and how tokenization has and will play a bigger role in real estate investing. Whether you're a seasoned investor or new to the field, this episode offers valuable knowledge and perspectives on the future of real estate investing.

Andrew Pitcairn, chair of the family council at multi-generational Pitcairn family office, discusses strategies for establishing inclusive family governance and holistic wealth management approaches. He shares lessons from over 100 years of experience in navigating family growth, change, and succession over seven generations. Speaker 1 emphasizes the importance of addressing both investment decisions and soft skills like communication, education, and family dynamics. The speakers advise new families to seek expert guidance in crafting tailored governance structures like family councils and investment policy statements. These tools can facilitate transparent decision-making, prevent misunderstandings between generations, and support next generation involvement. When implemented together with tailored wealth strategies, inclusive governance and multi-generational planning approaches can help preserve family legacies. #MultiGenerationalFamilyOffices #FamilyWealthPreservation #FamilySuccessionPlanning #IntergenerationalCommunication #FamilyEducation #FamilyDecisionMaking #HolisticFamilyAdvisory #ExpertFamilyConsulting #LegacyPlanning #FamilyBusinessConsulting

Guest: Jimmy Atkinson - Founder of OpportunityZones.com In this episode of the Family Office Real Estate Institute podcast, host DJ Van Keuren sits down with Jimmy Atkinson, the founder of Opportunity Zones.com, to discuss the current state and future of the Opportunity Zones program. They explore the bipartisan origins of the initiative, the political dynamics surrounding it, and the potential implications of the upcoming election on the program's trajectory. Atkinson provides valuable insights into the nuances of Opportunity Zone investments, the challenges faced by investors, and the potential impact on local communities. This episode is a must-listen for anyone interested in understanding the complexities and opportunities within the Opportunity Zones landscape.

This in-depth podcast episode is a must-listen for family offices seeking to broaden their real asset exposure and learn from other single family offices. Mike Consol, editor of Real Assets Advisor magazine, discusses the publication's mission to educate investors on incorporating real assets like real estate, infrastructure, energy and commodities into portfolios. He highlights some of the top performing sectors like industrial warehouses, driven by e-commerce growth, and multifamily apartments. Consol also notes opportunities in senior housing real estate to serve an aging population. The interview provides insights into global capital flows into U.S. real estate and how automation is transforming industrial and manufacturing properties. Consol shares plans to feature a different family office each month, anonymizing sensitive details, to help readers understand different investment models. This interview offers a comprehensive overview of current real estate trends and ideas for family offices seeking to diversify beyond traditional stock and bond allocations. #realestate #familyoffice #podcast #realassets #investmentstrategies #multifamily #industrial #seniorhousing #e-commerce #automation #globalcapital #portfolioallocation #endowmentmodel #wealthpreservation #legacyplanning

DJ Van Keuren interviews freelance writer John Egan about his extensive experience covering real estate investments by family offices and high net worth individuals. Egan has been writing about this topic for over 10 years for publications like National Real Estate Investor. In the podcast, Egan discusses trends he has observed over the past decade, like a growing interest among these investors in stable, income-producing assets that provide yield. He notes many family offices and high net worth individuals have moved away from treating real estate purely as an equity play and are looking more at cash flowing assets and debt investments. Egan also shares his view that these investors have expanded beyond gateway markets in search of yield and are finding opportunities in secondary and tertiary markets where competition is less and they can get higher returns. The discussion provides valuable insights into how the strategies and philosophies of family offices and high net worth individuals have evolved when it comes to real estate and explores new areas they are exploring for diversification and stable income generation. #familyofficestrategies #realestatecycles #secondarymarkets #tertiarymarkets #yieldinvesting #netlease #singletenant #debtinvesting #portfoliostrategies #assetallocation

Ed from Red Swan discusses how the company is pioneering the tokenization of commercial real estate through security token offerings. By issuing digital assets on the blockchain that represent fractional ownership in properties, Red Swan is opening up investment opportunities previously unavailable to most accredited investors. Tokenizing real estate provides sponsors with a way to raise capital more efficiently while maintaining ownership, and gives investors the ability to build diversified portfolios with reduced minimum investments. Ed from Red Swan provides transparency into property performance and valuation methods through quarterly financial statements on the tokens. This helps investors understand how to price their tokens when seeking liquidity. By addressing common concerns around valuation and exit options, Ed from Red Swan aims to make investing in digital real estate assets as seamless as traditional markets. Their platform represents an innovative approach that could reshape how family offices and high-net-worth individuals access and manage real estate holdings. #RealEstateTokenization #SecurityTokens #STO #BlockchainInvesting #CrowdfundingRealEstate #DigitalAssets #FamilyOfficeInvestments #AccreditedInvestor #CommercialRealEstate #RealEstateCrowdfunding #BlockchainForRealEstate #RedSwan #PropertyInvestments #AlternativeInvestments

DJ Van Keuren sits down with Garb Mechigian of CTC MyCFO for an in-depth discussion on real estate investing through family offices. With over 22 years of experience working directly with high net worth families, Garb provides valuable perspective on common challenges and best practices. He explains the differences between single and multi-family offices and how that impacts real estate strategies. Garb also discusses the infrastructure and expertise typically required for direct real estate deals versus fund investments. The conversation delves into allocation percentages, partner selection, property analysis and management. Garb shares key lessons learned from past mistakes and offers guidance on maximizing income and total returns based on family objectives. Real estate professionals, family office executives and investors will gain insightful takeaways on navigating this important asset class. #FamilyOffice #RealEstate #Investing #MultiFamilyOffice #SingleFamilyOffice #DirectInvesting #FundInvesting #PropertyAnalysis #PartnerSelection #Allocation #Returns #Income #TotalReturns #ExpertAdvice #BestPractices #CTCMyCFO

This in-depth podcast features Tom Handler, a leading expert in family office law and wealth management from Handler Thayer law firm. He discusses strategies for optimizing family office real estate investments through advanced tax planning, sophisticated asset protection structures, and navigating the complex web of securities regulations. Tom shares his decades of experience advising ultra-high net worth families and family offices on common planning mistakes to avoid. He highlights the ubiquitous role of real estate in family office portfolios and optimal entity structures like LLCs, multiple member LLCs, and series LLCs to maximize liability protection and minimize taxes. The discussion also covers the growing trend of direct co-investments between families and ensuring compliance with murky broker-dealer and investment adviser registration rules. Tom warns of the SEC's broad interpretation of these rules and the risks of inadvertent violations. For families and their advisors, this educational resource provides valuable guidance on professionally managing real estate assets through interdisciplinary legal, tax and financial planning expertise.

This in-depth podcast discusses strategic approaches to holistically managing insurance and risk for family offices. Representatives from Parallel Risk Advisors share how they work to understand each family's unique needs and goals beyond just policy placement. Listeners learn about common coverage gaps found in new family offices and the importance of educating subsequent generations. Excellent case studies demonstrate how proactive risk management and the right insurance solutions can protect not only assets but also a family's reputation and legacy. Attendees will gain actionable insights for developing comprehensive programs, building trusted long-term partnerships, and successfully stewarding wealth across generations through challenges. This presentation highlights the value of taking a bird's-eye view and cultivating a culture of transparency, accountability and wealth preservation. #FamilyWealth #LegacyPlanning #Succession #TrustManagement #Governance #Policy #Procedures #Controls #Compliance #ClaimsAdvocacy #LenderRequirements #InvestorRelations #TransactionalRisk #ConstructionRisk #EmploymentPractices #PrivacyProtection #EnvironmentalRisk #Cybersecurity #DataBreach #Reputation #Litigation #DefenseCosts #PremiumCostOptimization

Josh Roche, a veteran in the family office of Lloyd Capital Partners, shares over a decade of insights into investing in single family rental properties. He details how the family office entered the market early on in 2004 by flipping distressed homes in the Southwest US for profit. Roche recounts how the entrance of large institutional investors like Colony Capital in 2011-2012 impacted their strategy. He explains how the single family rental asset class has evolved from a fragmented mom and pop market to one now gaining attention from big investors. Roche provides valuable perspectives on return expectations including 6-8% unlevered cash flow yields, capital appreciation potential, and opportunities for family offices to partner with local operators or exit to institutions. The discussion offers a comprehensive overview of the challenges, opportunities, and future outlook for this growing but still emerging sector. #RealEstatePodcast #FamilyOfficePodcast #SingleFamilyHomes #DistressedInvesting #InstitutionalInvestors #CapitalPartners #ColonyCapital #CashFlowReturns #CapitalAppreciationReturns #GroundUpDevelopment #LocalMarketInsights #FamilyOfficeCoInvestment #FamilyOfficeExits

Discover the strategic advantages and opportunities for family offices in Mexico's dynamic real estate market in this detailed discussion with Aldo González from Fenik Investments. This video provides an in-depth analysis tailored for family investors looking to diversify and stabilize their portfolios with international real estate investments, particularly in the burgeoning Mexican market. Aldo sheds light on the significant benefits of investing in industrial and residential sectors, emphasizing investments in U.S. dollars to minimize exchange rate risks. He also elaborates on the concept of nearshoring, which is reshaping the industrial landscape in Northern Mexico, attracting U.S. businesses seeking proximity to home markets. Critical for success, Aldo discusses the necessity of establishing trustworthy local partnerships to effectively manage investments, comply with local regulations, and enhance investment returns. Key Insights: The advantages of dollar-denominated investments in Mexico’s real estate for reducing currency risks. The critical role of local partnerships in navigating the complexities of the Mexican real estate market. Economic impacts of nearshoring on industrial real estate demands and the unique opportunities it creates for family offices.

Welcome to "DJ Van Keuren Discusses Opportunity Zones with Lisa Fu from PERE News," an episode of the PERE News Podcast hosted by Lisa Fu. In this insightful discussion, DJ Van Keuren of the Hayman Family Office joins Lisa to explore the much-talked-about investment opportunity for 2019: Opportunity Zones. Together, they delve into the strategies, trends, and expert insights surrounding these unique investment areas. Whether you're a seasoned investor or new to real estate, this episode offers valuable knowledge and perspectives to help you navigate the world of Opportunity Zones. Tune in as Lisa and DJ Van Keuren uncover the secrets to success in Opportunity Zone investments.

Welcome to the "Understanding REITs with Martin Kollmorgen" episode. In this episode, we delve into the world of Real Estate Investment Trusts (REITs) with Martin Kollmorgen. Together, we explore the fundamentals of REITs, their benefits, and the strategic role they can play in a diversified investment portfolio. Whether you're a seasoned investor or new to real estate, this episode offers valuable knowledge and perspectives on REITs. Tune in as Martin Kollmorgen shares his expertise and insights into understanding and leveraging REITs for successful real estate investing.

Guest: Joe Williams - Co-founder of Keller Williams In this episode, Joe Williams, the co-founder of Keller Williams, sharing his incredible journey in the real estate industry. From starting in retail to becoming a pivotal figure in real estate, Joe's story is a testament to resilience, innovation, and the power of relationships. Mr. Williams delves into the origins of Keller Williams, discussing the challenges and opportunities that shaped the company into a global real estate powerhouse. He opens up about his personal journey, the early days of his career, and the strategic decisions that led to Keller Williams' disruptive approach to real estate brokerage. Discover the insights on: The foundational principles behind Keller Williams' success. Joe's unique entry into the real estate industry at just 19 years old. The impact of significant economic events on the real estate market and how Keller Williams navigated these challenges. The revolutionary business model that shifted the focus to empowering agents, transforming the traditional brokerage relationship. The importance of culture, leadership, and innovation in sustaining growth and adapting to changing market dynamics. Joe's insights are invaluable for anyone interested in the evolution of the real estate industry, the power of innovation in traditional markets, and the stories of perseverance behind one of the most recognized names in real estate.

Guest: Guest: David Stanford - Founder of RealFoundations Join us for a riveting episode of Family Office Real Estate Insights as we welcome David Stanford from RealFoundations. In this episode, DJ Van Keuren dives deep into the challenges and opportunities faced by family-owned real estate businesses, from small startups to those in the midst of generational transitions and expansive growth. David brings to light the operational intricacies of running a real estate company, emphasizing the importance of an efficient operating model and platform. Key Highlights: Operational Efficiency: Learn about common pitfalls in technology adoption and the struggle to find a "magic solution" to operational issues. David discusses the complexity of managing multiple technologies and the need for a cohesive, streamlined operational platform. Generational Transitions: Gain insights into the challenges and strategies for navigating the shift from one generation to the next within family real estate businesses. The discussion delves into the aspirations for growth, the integration of third-party capital, and the evolution of business operations to meet the demands of institutional investors. Outsourcing Solutions: Explore the benefits of outsourcing various aspects of real estate operations, from back-office accounting and technology support to investor reporting and data management. David outlines how external expertise can accelerate business processes and alleviate the burden on internal resources. The Future of Real Estate Operations: Touching on the potential impact of AI and automation, David shares current applications and future possibilities for technology in streamlining real estate operations. The conversation also highlights the critical role of communication, change management, and strategic vision in driving business success. Whether you're part of a family-owned real estate venture looking to expand or modernize your operations, or simply interested in the dynamics of real estate business management, this episode offers valuable insights and practical advice from an industry expert. Discover how RealFoundations helps real estate companies run better, and learn strategies for embracing change and leveraging third-party expertise to your advantage.

Guest: Michael Felman - President and CEO of MSF Capital Advisors Join us on this insightful episode of Family Office Real Estate Insights, featuring Michael Felman of MSF Capital Advisors. With years of experience in both the legal and investment sectors, Michael brings a wealth of knowledge on cross-border investments, family office operations, and the dynamics of global real estate markets. In this discussion, we dive deep into the evolution of family offices from traditional investment avenues to sophisticated, global real estate ventures. Michael shares his journey from practicing law to establishing a family office focused on angel investments, eventually leading to the creation of MSF Capital Advisors. This advisory firm caters to an exclusive clientele of family offices around the world, guiding them through the intricacies of investing in diverse markets. Key highlights include: The shift from legal practice to international real estate and venture investments. The foundation and growth of MSF Capital Advisors, serving family offices globally. Insights into cross-border investment strategies, including the importance of local partnerships, understanding cultural nuances, and navigating legal and tax implications. The role of family offices in today's global investment landscape, emphasizing long-term relationships over immediate transactions. Michael's unique approach to building trust with international clients, underscoring the value of personal connections in business dealings. Whether you're a seasoned investor looking to expand your horizons or new to the realm of family office investments, this episode offers valuable perspectives on navigating the global real estate market. Michael's experiences and insights shed light on the complexities and opportunities that lie in cross-border investments, emphasizing the importance of patience, diligence, and strong relationships in achieving success. Don't miss out on this engaging conversation that bridges the gap between local expertise and global investment ambitions. Subscribe to Family Office Real Estate Insights for more episodes that explore the latest trends and strategies in real estate investments.

Guest: Jack Ablin - Founding Partner and Chief Investment Officer at Cresset   Join us on another enlightening session of Family Office Real Estate Insights, where we have the privilege of hosting Jack Ablin, a distinguished figure from Cresset Partners, frequently seen on CNBC and Fox Business, and an accomplished author of numerous books. In this engaging conversation, Jack delves into the turbulent changes witnessed in the real estate market over the last year, including the expansion of cap rates and the rise in interest rates, affecting both private and public markets. Discover Jack's insightful analysis on how these shifts impact various sectors, from REITs to commercial office spaces, and learn about the implied cap rates that are pushing into double digits. Jack brings his vast experience of nearly 40 years in the market to discuss the potential future of real estate investments and the economic outlook amidst these challenging times. Further into the discussion, we explore the dynamics of debt in the real estate sector, the strategic importance of maintaining lower leverage, and the emerging opportunities on the debt side compared to equity. Jack also shares valuable tax strategies for families in the current environment, highlighting the benefits of private placement life insurance and the incredible potential of Opportunity Zone investments. This episode is a treasure trove of knowledge for anyone interested in understanding the real estate market's complexities and navigating through its cycles with informed strategies. Whether you're a seasoned investor or just starting, Jack's expertise and insights offer valuable guidance for making informed decisions in real estate investments. Don't miss out on this insightful conversation with Jack Ablin. Subscribe for more Family Office Real Estate Insights and stay tuned for our next episode, where we continue to explore the fascinating world of real estate investing.

Guest: Ethan Penner - Author and Creator of The CMBS Market   In this enlightening discussion, DJ Van Keuren sits down with Ethan Penner, author and real estate financial pioneer, to dive deep into the themes from Penner's new book Greatness is a Choice. Ethan Penner delves deep into the concept of contrarianism, emphasizing the profound power of self-esteem and trusting oneself. In his book, Penner addresses the importance of real confidence and the continuous journey of self-reflection, suggesting that true self-worth isn't stagnant but is earned and reassessed daily. Drawing from personal experiences and valuable life lessons, he explores the nuances of wisdom, the role of youthful fervor in the world, and the significance of remaining open and ever-eager to learn. Penner's perspective, encapsulated in 70 thought-provoking chapters, is not just a guide for business but a profound exploration of life, growth, and finding one's true self.

Guest: Peter Linneman - Professor Emeritus, Wharton School of Business   In a podcast with DJ Van Keuren, real estate expert Peter Linneman advocates for long-term holding and low leverage to minimize market risks. Drawing from his experience with Sam Zell, Liniman emphasizes understanding downside risks and adjusting leverage based on property types. The discussion also explores emerging trends like real estate tokenization and Opportunity Zones, both offering benefits but requiring caution. Both hosts stress the importance of fully understanding an investment and see real estate as a means to preserve family wealth The podcast is a treasure trove of information for anyone—from family offices to individual investors—interested in the real estate investment landscape.

Guest: Louis Dubin - Managing Partner at Redbrick LMD In the upcoming episode of Family Office Real Estate Insights, we're joined by Louie Dublin from Redbrecht to discuss the current landscape of real estate investment. Louie shares his company's focus on developing nearly 2,000 residential units in Washington, D.C., most of which are market-rate housing. Amid rising interest rates and economic uncertainties, Louie emphasizes the importance of low leverage in their investment strategy. He reveals that Redbrecht typically leverages less than 40% for construction debt, a conservative approach that has enabled them to secure a non-recourse construction loan over $100 million. The conversation also delves into Opportunity Zones, where Louie highlights the benefits and challenges. With insights from one of the largest family office real estate studies, this episode promises to offer valuable perspectives for both family offices and individual investors considering multifamily real estate. Don't miss it!