Why This Retail Operator Is Pivoting Back To Multifamily - E990 - CFC

Cash Flow Connections - Real Estate Podcast

In 2020, everyone thought e-commerce would destroy retail shopping centers…

But the investors who ignored that narrative and bought quality retail centers are now reaping massive rewards.

Now, the same fear has created a historic opportunity in multifamily...

…and the smart investors are paying attention.

Today I sat down with Heath Binder from LBX Investments, who built a $725M retail portfolio when everyone else was scared…

…are now finding incredible deals in multifamily…

...including a recent $90M mixed-use acquisition at pricing that would have been impossible just 18 months ago.

Listen in as we discuss why the best investments often come from going against the crowd…

Heath runs investor relations at LBX and previously worked at Realty Mogul during the early days of real estate crowdfunding.

In today's episode, we break down:

• Why they avoided floating rate debt when everyone else embraced it

• How to buy from institutions that need to sell

• The unique opportunity in mixed-use properties right now

• What national retail tenants they target (and why)

Plus, he shares how they're finding multifamily deals 250 basis points cheaper than 2022...

If you want to learn how contrarian operators identify the next opportunity listen to the podcast now.

Take Control,

Hunter Thompson

Resources mentioned in the episode:

1. Heath Binder

Website

Email

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