135. Getting Creative with Deals and Leveraging Preferred Equity in Real Estate with Darin Davis
Manage episode 419666053 series 2853794
ABOUT DARIN DAVIS
Darin is the Principal at Club Capital. He is an eminent industry leader and entrepreneur with over 25 years of real estate experience and more than $1B in debt and equity as a Sponsor or LP. Having experienced several market corrections, Darin led predecessor companies to pivot and deliver exceptional returns in residential, retail, NNN, and multifamily assets. He recently founded Club Capital to further address investor requirements for capital growth and cash flow.
Along with his two children, he launched The Never Quit Initiative, a 501(c)(3) non-profit organization, to address and provide solutions for the two top reasons that put families into bankruptcy: loss of income and medical expenses. Darin is an active Tiger 21 member and an honored alumnus of The University of Oklahoma.
THIS TOPIC IN A NUTSHELL:
Darin’s journey to real estate
Getting into Syndication & Raising Capital
Exploring other real estate classes & niches
About the 240-unit Land Development Deal
Acquisition and Financing
Overcoming challenges and crisis
A partnership that complements your skill
Why they consider this as the best deal they’ve done
Underwriting and trusting your gut with investments
Project cost and market value
Finding the right General Contractor
Supply and positive migration
Refinancing and Debt Service Coverage ratio
His take on interest rates and the current market
Preferred business model and target projects
Leveraging Preferred Equity
Exit plan for this project
What we learned from this deal
Goals and strategies for the upcoming year
Connect with Darin
KEY QUOTE:
“I learned not to be so excited to sell, because recreating an asset is hard, look at other options. We are looking at assets in a long-term approach because it's hard to ensure you are making money every time.”
SUMMARY OF BUSINESS:
Club Capital is an Austin-based real estate owner-sponsor specializing in multifamily acquisitions, development, private equity investments, asset management, and public-private partnerships. Combining over three decades of experience from its principals, Club Capital inherits rigorous practices in all facets of real estate investment, and launches with a new aim where vision meets value.
ABOUT THE WESTSIDE INVESTORS NETWORK
The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.
The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.
#RealEstateWealth #RealEstateInvesting #PreferredEquity #MultiFamily #AssetManagement #LongTermApproach #Refinance #Development #InvestmentStrategies #Austin #Texas #Construction #HUDloans #RaisingCapital #LoanValuations #CreativeFinancing #HousingUrbanDevelopment #GroundUpDevelopment #NewConstruction #LandDevelopment #PassiveInvestment #RealEstateStrategy #FinancialFreedom #InvestmentOpportunities #InvestmentInsights #RealEstateTips #DealDeepDive #Syndication #JoinTheWINpod #WestsideInvestorsNetwork
CONNECT WITH DARIN:
Website - https://clubcapital.co
Free Educational Resource: https://clubcapital.co/go
LinkedIn - https://www.linkedin.com/in/davisdarin
Facebook: @Club Capital
Instagram: @clubcapitalco
YouTube: https://www.youtube.com/@ClubCapitalCo
CONNECT WITH US
For more information about investing with AJ and Chris:
· Uptown Syndication | https://www.uptownsyndication.com/
· LinkedIn | https://www.linkedin.com/company/71673294/admin/
For information on Portland Property Management:
· Uptown Properties | http://www.uptownpm.com
· Youtube | @UptownProperties
Westside Investors Network
· Website | https://www.westsideinvestorsnetwork.com/
· Twitter | https://twitter.com/WIN_pdx
· Instagram | @westsideinvestorsnetwork
· LinkedIn | https://www.linkedin.com/groups/13949165/
· Facebook | @WestsideInvestorsNetwork
· Tiktok| @WestsideInvestorsNetwork
· Youtube | @WestsideInvestorsNetwork
149集单集