Diversified Commercial Real Estate Investor Mandate Interview

TL;DR

Jim discusses his investment mandate as the head of a single family office real estate investment business.

Transcript

closes Richard C Wilson at the family office club we have with us here today Jim's who's going to be speaking to us about his investment mandate welcome Jim thank you so we want to dig in first into your day-to-day role kind of what type of an organization you're with and you know what your day-to-day perspective and focuses um I run a single famil... Read More

Key Insights

• 🎞️ There are opportunities in retail real estate, particularly in strip centers and destination retail.
• 👪 The impact of the coronavirus on the retail sector is uncertain, and institutional investors are concerned about their tenants' ability to pay rent.
• 💦 Building relationships and working with trustworthy partners is crucial in the real estate industry.

Questions & Answers

Q: What types of retail properties are you currently investing in?

Jim primarily focuses on strip centers and destination retail, such as grocery stores and essential services. He believes these properties still hold value despite the uncertainty in the retail sector.

Q: How do you choose which markets to invest in?

Jim looks for state transactions that fulfill their return and risk requirements. They typically invest in markets where they have an institutional overview and supplement their information with local partners.

Q: Do you work with other parties on deals?

Yes, Jim's company is open to partnering with other parties on deals. They often work with operating partners who bring value through investments or operational expertise. They also collaborate with limited partners who provide management and leasing services.

Q: What advice do you have for investors in the family office space?

Jim emphasizes the importance of building relationships and working with people you trust in the real estate industry. He suggests asking the right questions to determine if someone has the experience and expertise to execute a successful business plan.

Summary & Key Takeaways

• Jim runs a single family office real estate investment business called A Capital Group, focusing on office, industrial, residential, and retail investments in various regions of the US.

• He explains that while many people are avoiding retail, there are opportunities in retail real estate, particularly in strip centers and destination retail such as grocery stores and essential services.

• Jim mentions that the impact of the virus on the retail sector is uncertain, but currently, institutional investors are concerned about the future of their tenants and the market as a whole.