Multifamily Podcast Network

Mindful Multi Family Show

Mindful Multi Family Show #198 with Chris Salerno(Lee got his start in real estate in 2012 building a property management department of a residential brokerage from 20 doors to 220 doors in 4 years)

Lee got his start in real estate in 2012 building a property management department of a residential brokerage from 20 doors to 220 doors in 4 years. After being inspired by his clients’ successes, he decided to start investing in 2016. Relocating to St. Louis in order to pursue investing in 2017, Lee began with a duplex and continued to purchase smaller properties until he found “The Power Of Partnerships” by partnering with an ex-nfl player from CA and with their combined efforts, were able to close a 38 unit apartment complex Joint Venture in Lee’s’ backyard of St. Louis, MO in October of 2019.

After seeing the results of the 38 unit and garnering experience in larger properties, Lee continued to build momentum in investing/dealmaking while building a ROCKSTAR TEAM to pursue EVEN LARGER DEALS through syndication. That team closed its first 506B Syndication of a 76 Unit Apartment Complex in St. Louis in October of 2020 (right in the middle of COVID), then a JV 70 Unit in August of 2021 and a 7 unit in November 2021 for a total of 203 doors.

Now Lee’s team is under contract on a 272 unit 506C syndication set to close by the end of 2021 which will more than double the portfolio.

Actively building a sizable portfolio of LARGER MULTIFAMILY PROPERTIES throughout the greater St. Louis MSA and expanding to additional markets throughout the Midwest and Southeast, focusing on Value-Add Opportunities is the main focus of the continental growth in his investing journey through expansion with the development of Green Forest Capital – Real Estate Investing With A Conscience.

The Green Forest Capitals’ mission is to provide Safe, Clean, and Modern Affordable Housing to 1,000’s of workforce families throughout the Midwest and Southeast, providing an above average Return On Investment to our investor/partners, while supporting and promoting the reforestation of our National Parks affected by Forest Fires by donating 1% of all distributed funds to One Tree Planted ($1 = 1 Tree planted).

Lee has almost a decade of experience as a Property Manager, Realtor, Commercial Leasing Agent, Asset Manager, and Commercial Property Broker. A true believer and practitioner of the words of Zig Ziglar – “You can have everything in life you want, if you will just help other people get what they want.”

 

If you like what you hear be sure to like, share, subscribe!

Podcast- Mindful Multi-Family show

Instagram- Chris_Salerno_

Youtube Channel- Chris Salerno

Facebook- The Mindful Multifamily Network 

Website- www.qccapitalgroup.com

 

Related Podcasts
Leave a Reply

Your email address will not be published.