Our new Dealmakers podcast episode is live and this time, we had the distinct pleasure of talking with Jorge Abreu.
Jorge does it all - he's a construction company owner, runs an investment group with over $325 million in AUM, and is a member of the Forbes Real Estate Council.
"I keep running into people who think they can raise the equity because people have told them - you've got a good deal, the equity will come. I'm here to tell you that it's not true. And I've seen people lose real money because they couldn't come up with the equity. They're counting on this equity broker that's going to bring the big check, and I tell everybody: You need to plant the seeds. You need to have those relationships built. focus on your $100k investors, your $200k investors. Build the equity there, and then the private equity will come with it."
Jorge also talked about his transition from single-family to multifamily through syndication, what he's looking for in a potential asset, and what makes for a perfect Co-GP.
To connect and learn more about Jorge Abreu and his company, please visit Elevate Commercial Investment Group.