Family Office Real Estate Institute Podcast

Ep. 119 - Navigating Mexico's Real Estate Market: A Guide for Family Offices

Andrew Pitcairn, chair of the family council at multi-generational Pitcairn family office, discusses strategies for establishing inclusive family governance and holistic wealth management approaches. He shares lessons from over 100 years of experience in navigating family growth, change, and succession over seven generations. Speaker 1 emphasizes the importance of addressing both investment decisions and soft skills like communication, education, and family dynamics. The speakers advise new families to seek expert guidance in crafting tailored governance structures like family councils and investment policy statements. These tools can facilitate transparent decision-making, prevent misunderstandings between generations, and support next generation involvement. When implemented together with tailored wealth strategies, inclusive governance and multi-generational planning approaches can help preserve family legacies.


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Ep. 118 - Navigating Mexico's Real Estate Market: A Guide for Family Offices

Discover the strategic advantages and opportunities for family offices in Mexico's dynamic real estate market in this detailed discussion with Aldo González from Fenik Investments. This video provides an in-depth analysis tailored for family investors looking to diversify and stabilize their portfolios with international real estate investments, particularly in the burgeoning Mexican market. Aldo sheds light on the significant benefits of investing in industrial and residential sectors, emphasizing investments in U.S. dollars to minimize exchange rate risks. He also elaborates on the concept of nearshoring, which is reshaping the industrial landscape in Northern Mexico, attracting U.S. businesses seeking proximity to home markets. Critical for success, Aldo discusses the necessity of establishing trustworthy local partnerships to effectively manage investments, comply with local regulations, and enhance investment returns.

Key Insights:

• The advantages of dollar-denominated investments in Mexico’s real estate for reducing currency risks.
• The critical role of local partnerships in navigating the complexities of the Mexican real estate market.
• Economic impacts of nearshoring on industrial real estate demands and the unique opportunities it creates for family offices.

DJ Van Keuren discusses Opportunity Zones with Lisa Fu from PERE News

Welcome to "DJ Van Keuren Discusses Opportunity Zones with Lisa Fu from PERE News," an episode of the PERE News Podcast hosted by Lisa Fu.
In this insightful discussion, DJ Van Keuren of the Hayman Family Office joins Lisa to explore the much-talked-about investment opportunity for 2019: Opportunity Zones.
Together, they delve into the strategies, trends, and expert insights surrounding these unique investment areas.
Whether you're a seasoned investor or new to real estate, this episode offers valuable knowledge and perspectives to help you navigate the world of Opportunity Zones.
Tune in as Lisa and DJ Van Keuren uncover the secrets to success in Opportunity Zone investments.

Understanding REITS with Martin Kollmorgen

Welcome to the "Understanding REITs with Martin Kollmorgen" episode.

In this episode, we delve into the world of Real Estate Investment Trusts (REITs) with Martin Kollmorgen.

Together, we explore the fundamentals of REITs, their benefits, and the strategic role they can play in a diversified investment portfolio.

Whether you're a seasoned investor or new to real estate, this episode offers valuable knowledge and perspectives on REITs.

Tune in as Martin Kollmorgen shares his expertise and insights into understanding and leveraging REITs for successful real estate investing.

Ep. 117 - Transforming Real Estate: The Keller Williams Journey with Co-founder Joe Williams

Guest: Joe Williams - Co-founder of Keller Williams

In this episode, Joe Williams, the co-founder of Keller Williams, sharing his incredible journey in the real estate industry. From starting in retail to becoming a pivotal figure in real estate, Joe's story is a testament to resilience, innovation, and the power of relationships.

Mr. Williams delves into the origins of Keller Williams, discussing the challenges and opportunities that shaped the company into a global real estate powerhouse. He opens up about his personal journey, the early days of his career, and the strategic decisions that led to Keller Williams' disruptive approach to real estate brokerage.

Discover the insights on:

• The foundational principles behind Keller Williams' success.
• Joe's unique entry into the real estate industry at just 19 years old.
• The impact of significant economic events on the real estate market and how Keller Williams navigated these challenges.
• The revolutionary business model that shifted the focus to empowering agents, transforming the traditional brokerage relationship.
• The importance of culture, leadership, and innovation in sustaining growth and adapting to changing market dynamics.

Joe's insights are invaluable for anyone interested in the evolution of the real estate industry, the power of innovation in traditional markets, and the stories of perseverance behind one of the most recognized names in real estate.

Ep. 116 - Mastering Family Real Estate Businesses: Operational Strategies and Generational Growth

Guest: Guest: David Stanford - Founder of RealFoundations

Join us for a riveting episode of Family Office Real Estate Insights as we welcome David Stanford from RealFoundations. In this episode, DJ Van Keuren dives deep into the challenges and opportunities faced by family-owned real estate businesses, from small startups to those in the midst of generational transitions and expansive growth. David brings to light the operational intricacies of running a real estate company, emphasizing the importance of an efficient operating model and platform.


Key Highlights:

• Operational Efficiency: Learn about common pitfalls in technology adoption and the struggle to find a "magic solution" to operational issues. David discusses the complexity of managing multiple technologies and the need for a cohesive, streamlined operational platform.
  
  
• Generational Transitions: Gain insights into the challenges and strategies for navigating the shift from one generation to the next within family real estate businesses. The discussion delves into the aspirations for growth, the integration of third-party capital, and the evolution of business operations to meet the demands of institutional investors.
• Outsourcing Solutions: Explore the benefits of outsourcing various aspects of real estate operations, from back-office accounting and technology support to investor reporting and data management. David outlines how external expertise can accelerate business processes and alleviate the burden on internal resources.
  
  
• The Future of Real Estate Operations: Touching on the potential impact of AI and automation, David shares current applications and future possibilities for technology in streamlining real estate operations. The conversation also highlights the critical role of communication, change management, and strategic vision in driving business success.
  
  

Whether you're part of a family-owned real estate venture looking to expand or modernize your operations, or simply interested in the dynamics of real estate business management, this episode offers valuable insights and practical advice from an industry expert. Discover how RealFoundations helps real estate companies run better, and learn strategies for embracing change and leveraging third-party expertise to your advantage.

Ep. 115 - Cross-Border Real Estate Investment: Insights from MSF Capital's Michael Felman

Guest: Michael Felman - President and CEO of MSF Capital Advisors

Join us on this insightful episode of Family Office Real Estate Insights, featuring Michael Felman of MSF Capital Advisors. With years of experience in both the legal and investment sectors, Michael brings a wealth of knowledge on cross-border investments, family office operations, and the dynamics of global real estate markets.

In this discussion, we dive deep into the evolution of family offices from traditional investment avenues to sophisticated, global real estate ventures. Michael shares his journey from practicing law to establishing a family office focused on angel investments, eventually leading to the creation of MSF Capital Advisors. This advisory firm caters to an exclusive clientele of family offices around the world, guiding them through the intricacies of investing in diverse markets.

Key highlights include:

• The shift from legal practice to international real estate and venture investments.
• The foundation and growth of MSF Capital Advisors, serving family offices globally.
• Insights into cross-border investment strategies, including the importance of local partnerships, understanding cultural nuances, and navigating legal and tax implications.
• The role of family offices in today's global investment landscape, emphasizing long-term relationships over immediate transactions.
• Michael's unique approach to building trust with international clients, underscoring the value of personal connections in business dealings.

Whether you're a seasoned investor looking to expand your horizons or new to the realm of family office investments, this episode offers valuable perspectives on navigating the global real estate market. Michael's experiences and insights shed light on the complexities and opportunities that lie in cross-border investments, emphasizing the importance of patience, diligence, and strong relationships in achieving success.

Don't miss out on this engaging conversation that bridges the gap between local expertise and global investment ambitions. Subscribe to Family Office Real Estate Insights for more episodes that explore the latest trends and strategies in real estate investments.

Ep. 114 - Optimizing Real Estate Strategies: An Insightful Discussion with Jack Ablin of Cresset Partners

Guest: Jack Ablin - Founding Partner and Chief Investment Officer at Cresset

 

Join us on another enlightening session of Family Office Real Estate Insights, where we have the privilege of hosting Jack Ablin, a distinguished figure from Cresset Partners, frequently seen on CNBC and Fox Business, and an accomplished author of numerous books. In this engaging conversation, Jack delves into the turbulent changes witnessed in the real estate market over the last year, including the expansion of cap rates and the rise in interest rates, affecting both private and public markets.

Discover Jack's insightful analysis on how these shifts impact various sectors, from REITs to commercial office spaces, and learn about the implied cap rates that are pushing into double digits. Jack brings his vast experience of nearly 40 years in the market to discuss the potential future of real estate investments and the economic outlook amidst these challenging times.

Further into the discussion, we explore the dynamics of debt in the real estate sector, the strategic importance of maintaining lower leverage, and the emerging opportunities on the debt side compared to equity. Jack also shares valuable tax strategies for families in the current environment, highlighting the benefits of private placement life insurance and the incredible potential of Opportunity Zone investments.

This episode is a treasure trove of knowledge for anyone interested in understanding the real estate market's complexities and navigating through its cycles with informed strategies. Whether you're a seasoned investor or just starting, Jack's expertise and insights offer valuable guidance for making informed decisions in real estate investments.

Don't miss out on this insightful conversation with Jack Ablin. Subscribe for more Family Office Real Estate Insights and stay tuned for our next episode, where we continue to explore the fascinating world of real estate investing.

Ep. 113 - Greatness Is A Choice

Guest: Ethan Penner - Author and Creator of The CMBS Market

 

In this enlightening discussion, DJ Van Keuren sits down with Ethan Penner, author and real estate financial pioneer, to dive deep into the themes from Penner's new book Greatness is a Choice. Ethan Penner delves deep into the concept of contrarianism, emphasizing the profound power of self-esteem and trusting oneself. In his book, Penner addresses the importance of real confidence and the continuous journey of self-reflection, suggesting that true self-worth isn't stagnant but is earned and reassessed daily. Drawing from personal experiences and valuable life lessons, he explores the nuances of wisdom, the role of youthful fervor in the world, and the significance of remaining open and ever-eager to learn. Penner's perspective, encapsulated in 70 thought-provoking chapters, is not just a guide for business but a profound exploration of life, growth, and finding one's true self.

Ep. 112 - The Benefits of Long Term Real Estate Investing

Guest: Peter Linneman - Professor Emeritus, Wharton School of Business

 

In a podcast with DJ Van Keuren, real estate expert Peter Linneman advocates for long-term holding and low leverage to minimize market risks. Drawing from his experience with Sam Zell, Liniman emphasizes understanding downside risks and adjusting leverage based on property types. The discussion also explores emerging trends like real estate tokenization and Opportunity Zones, both offering benefits but requiring caution. Both hosts stress the importance of fully understanding an investment and see real estate as a means to preserve family wealth The podcast is a treasure trove of information for anyone—from family offices to individual investors—interested in the real estate investment landscape.