Scaling a significant real estate portfolio is no small feat. Scaling a massive billion-dollar portfolio, well, now you are speaking of elite level investors. These elite investors understand the nuances of navigating market cycles, economic shifts, taking deals full cycle, and building a sustainable, replicatable business.
Our special guest on today’s episode is Michael Becker, Principal at SPI Advisory LLC and heads SPI's Dallas, Texas office. SPI Advisory specializes in repositioning multi-family assets. Through professional asset management and a high level of integrity, SPI Advisory increases the value of properties while improving quality of life for its residents. SPI Advisory derives stakeholder value through hands on asset management and construction oversight. Our exclusive multi-family focus enables better pricing of value and risk to identify projects with superior risk-adjusted returns. Having done over $1 Billion in real estate transactions and holdings, SPI has become one of the industry top leaders in the multifamily real estate space.
Prior to forming SPI Advisory, Michael was a 15-year veteran Commercial Real Estate Banker and has originated and managed numerous portfolios of permanent and bridge loans in all major asset classes. Over the last 5 years of his banking tenure, Michael focused exclusively on multi-family properties, where he was the number one loan producer for his division at a Top 3 National lender for his last 3 consecutive years. Michael is a lifelong resident of North Texas and a graduate of The University of North Texas with a BBA in Finance. Under Michael's leadership, over the past 5 years SPI Advisory has acquired approximately 10,000 units in the DFW & Austin markets
In this episode, we cover:
The evolution of Michael’s 10,000 unit portfolio.
Why is multifamily a better investment vertical, on a risk adjusted basis, vs other asset types.
The market forecast for multifamily over the next decade.
Has COVID-19 impacted Michael’s business strategy or portfolio.
What changes, if any, does Michael foresee as it relates to the types of amenities tenants will be seeking as a result of COVID.
The impact of debt terms and debt structures on investor returns.
As this is a labor-intensive career, how does Michael continue to scale his business while also spending quality time with his family?
Michael addresses each of these important topics and much more in this value-packed episode! Tune in today to learn how you can become the next elite multifamily investor!
To connect with Michael and learn more about SPI Advisors:
Visit his website at www.spiadvisory.com. Also make sure to tune in to the Old Capital Real Estate Investing Podcast which you can find on iTunes, Stitcher, and all other major streaming platforms.
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