Before Origin Investments, Aaron worked at Steadfast Management Company, an owner and investor in over 40k units nationwide. Michael Episcope worked as a commodities trader for 15 years while investing passively before deciding to take things a step further and earn a master's degree in real estate. . Michael earned his undergraduate and masters degrees from DePaul University. Two years later, she took a role as a Property Accountant at SLM Realty, LLC., where she was first exposed to the real estate industry. With Michael's leadership, Origin has more than $1.3 billion in equity under management . We have a real powerhouse on the show today. The additional shot of funds from these investors helped complete deals that otherwise may not have happened, Landes added. Michael Episcope - $1 Billion in Multifamily and Commercial Real Estate Transactions Ep #225 Michael Episcope - $1 Billion in Multifamily and Commercial Real Estate Transactions Watch Now Listen Now LIFETIME CASH FLOW THROUGH REAL ESTATE INVESTING LIFETIME CASH FLOW THROUGH REAL ESTATE INVESTING Operationally, weve increased revenues about 50%. We have lots of information about Edsel: religious views are listed as Christian, ethnicity is Caucasian, and political affiliation is currently a registered Other. Its certainly not as easy today as it was a couple of years ago when the capital had so much more leverage. Parking revenue was a big one there Just fixing everything that weve identified from day one. He remains active in the community and alumni Programs for both MSU and the Evans Scholarship House. Jennifer is a huge Disney enthusiast. Prior to joining Origin Investments, Steve was an Analyst at Link Logistics, where he was responsible for assisting in the leasing and asset management of industrial buildings throughout the Midwest. Chicago suburb. You look at it but there was some people who had some great real estate out there who over-leveraged and ran out of money. Cause this is, its a little new to me. Rod Khleif: Just let me stop you for a second. Brilliant strategy. Stephanie's Voice career has been on and off, but fans think of her as a regular due to her . Which actually add some complexity because youve got a homeowner; youve got an association associated with those units so its kinda a complex thing to get into. Prior to joining Origin Investments in 2017, Chris served in various roles with NorthMarq Capitals loan production and loan servicing offices located in Chicago and Minneapolis. Michael Episcope: Thats a little bit on the equity amount. Before his current role, he served as Senior Associate of Investment Management for Origin Investments, overseeing the execution and strategy of the firms assets, as well as an Associate in the Acquisitions group where he closed over $400 million of multifamily and office assets. She currently resides in Evansville, Indiana USA. Prior to Origin, Daniel worked as an auditor at Grant Thornton, working on clients in the auto and medical manufacturing field space. Kate Khazin leads investor relations and is responsible for scaling internal processes to fuel Origins explosive growth. Michael Episcope: Rod, just to back your other point, we talked about fund advantage, one of the nice things, if you have an individual deal, and it goes bad, you cant borrow from another transaction to ride the ship in that deal, cause chances are you have different investors across. Michael Episcope cofounded Origin Capital to create access to real estate investments and management expertise that were previously only available to institutions. The more weve refined our strategy over the years, and actually narrow the focus, the more prolific and just more efficient weve become at finding deals. Prior to joining Origin Investments, Garrett worked as a Senior Associate for AlterDomus, one of the globes largest fund administrators for alternative investments. . He enjoys keeping up with the local music scene and cheering on Minnesota sports. Before joining Origin Investments in 2015, Marc served as Vice President of Asset Strategy at Lightstone, a New York investment firm with $2 billion of assets under management. And you look at all the low hanging fruit that the management team wasnt charging for, and so Ill take it. We just dont believe that so as weve seen this rent gap between urban and suburban just widen, one of our thesis is that we wanna be in suburban multifamily, so when this swings, and these Millennials start moving out there that we can position ourselves for that. He is a go-to as it relates to individual investing from the likes of Forbes and Huffington Post, a frequent speaker on the circuit. She. Michael Episcope: On a syndicator deal, what they will do is that they dont charge on committed capital, they charge on acquisition fee because for every deal that they do end up finding, theres probably 20 deals that they didnt find that they had to pay their expenses. Were looking more at the B, B-plus, A-minus quality assets within those submarkets. He did everything that youre talking about. Rod Khleif: What other fees? This transaction is expected to close in the first quarter of 2023, subject to customary closing conditions. But were excited about the asset so were actually putting that under longer term financing. Prior to Stony Point, Kevin worked at KETTLER, a leading investor, developer and property manager based in Virginia. I think that the smart investor is one who is humble and understands what he knows, and what he doesnt. Between my freshman and sophomore year, I got a job on the floor of the Chicago Mercantile Exchange, and decided I loved it, and that was the start of a 16-year career there. He paved the parking lot. Rod Khleif: Right. Thats a great strategy. It also had a broken condo structure, and what was interesting about that is that the previous owner, because he was embarking on a condo structure, he actually upgraded all of, what well call, the non-revenue generating components of the property. Taking the leap into entrepreneurship, Taylor started a company that provided replacement cars to people who had suffered stolen or damaged vehicles. Sometimes its hard when youve got that screaming deal and youve got enough capital to do it yourself. Id love to get your insights and your thoughts on Obviously, real estate goes though cycles. Prior to joining the Origin team in December 2022, she worked as a content marketing coordinator at EveryDose, a niche startup centered on medication adherence. Michael Blaustein's net worth or income range is between $1 million and $5 million. Now let me ask you this, what are your thoughts on the looming contraction? He has closed over $2.3 billion of transactions and has raised or invested principal funds of over 56 million and averaging a gross IRR of 30%. in 2007, Jackson had a net worth of $236.6 million: $567.6 million in assets, which included Neverland Ranch and his 50% share of Sony/ATV Music Publishing' catalogue, . When I exited that area in 2005, it was really about taking the next stage, which is how do I protect and preserve, and grow my wealth, and beyond stocks and bonds. She is instrumental in executing marketing campaigns to drive new investors for our private real estate funds. He is co-CEO, co-chairs the investment committee and oversees investor relations and capital raising. He is a member of the Atlanta Apartment Association, a Certified Apartment Portfolio Supervisor, and Certified Apartment Manager. Intrigued by countries and cultures, she enjoys traveling, live music and spending time with friends. Michael is the former president of the DePaul Real Estate Alumni Alliance and a sustaining sponsor of the DePaul Real Estate Center. I would caution people. It has a ton. Anthony was born to Michael Volpe and Isabella Volpe on April 28, 2001. Kors reached billionaire status in 2014, but most recent estimates put him closer to a net worth of $600 million today. ARTOGRAPH - Episcope Prism - projecteur de table 500W grossissement jusqu' 20 fois : 530,00 294,95 Voir l'offre: 2: Artograph 225-460 Projecteur et Agrandisseur d'art Opaque - Tracer : 150,00 127,00 Voir l'offre: 3: Artograph Prism 3D Projecteur Episcope Professionnel : 464,00 413,48 You shouldnt be comparing returns. As Managing Director of Investment Management at Origin, Marc is accountable for the performance of Fund investments and execution of property-level business plans. Its a very defined parameter, so not only do they know exactly what theyre doing everyday and where theyre hunting, but the brokerage community and the ownership community, and the management community knows what were looking for as well. If you can build value and continue to build cash flow in the asset, we leverage two to one to equity. Vince joined Origin in 2017 and he leads Origins fundraising and investor relations department. Anthony parents have supported his career since the start, and the couple has never missed his home game. As one of Americas top real estate professionals Rod mentors business leaders and entrepreneurs through world-class speaking events, books, and training courses online and around the world. Origin builds, buys, and lends to class A multifamily real estate in tax and . Its very unusual. He loves cheering on the Wisconsin Badgers and is passionate about all things automotive. Currently, he is pursuing a Masters in Real Estate from DePaul's Kellstadt Graduate School of Business, and will be graduating in the Fall of 2022. Were very good at managing our contingent liabilities, looking at risk in individual asset level than the portfolio level as well. I mean, with an Excel spreadsheet, you can make any deal look great. Michael Episcope: Yeah. She managed daily web and monthly print publishing schedules, oversaw operations and interviewed owners and operators around the world. Frank McKinney: Real Estate Artist, 5-time International Bestselling Author, superhero meets Robin Hood, Philanthro-Capitalist, Ultramarathoner, Actor, and Visionary who sees opportunities and creates markets where none existed before. I dont know if youve read it. Prior to Lightstone, he performed as a trusted advisor to the HSBC Amanah Global Properties Income Fund ("GPIF"). Marc holds a Bachelor of Science in Business from the Kelley School of Business at Indiana University. In preparation for the Jan. 31 date, Origin Managing Directors of Liked by. A year later, we started our first fund, if you will, and all of those investors came onto that fund [overlap talk]. We started talking about that before we started recording. Michael Episcope: As a passive investor, yes, it sort of getting my point. Episode Highlights Since its start in 2007, the firm has executed $1 billion in real estate transactions and has more. Jimmy serves as an accounting associate here at Origin Investments. We try to make it better and look at the things we do well, things that we can improve on and things, and things like that. Michael Episcope: Its a capital commitment fee. I just wrote an article on this. Michael Episcope: And its definitely helped kind of launch, and propel the firm. Prior to joining Origin, Vince worked at Duff & Phelps where he conducted business enterprise and intellectual property valuations for use in the corporate acquisition process. In her role as part of the Trustee department, she provided cash reconciliation and portfolio services on a variety of corporate debt securities for clients. His investment philosophy is rooted in risk management and value creation, and he's been an active real estate investor for more than 15 years. What we try to do here, risk management is a huge component of what we do. Bill lives in Andersonville. Click the play button above to listen to our conversation with Michael. Phil is responsible for sourcing, structuring, and the execution of new acquisitions across the state of Texas, as well as overseeing the strategy and implementation of Origin's proprietary markets selection database. They had never been touched since the early 80s. Net Worth: $6.5 Billion This college dropout and World War II Veteran was working for St. Louis Cadillac when he had his billion dollar idea. You think you know what youre doing so you get comfortable or lackadaisical, and you dont keep your eye on the ball, and boom! Prior to that, he managed an owner-operated portfolio concentrated in Atlanta (Avila Real Estate), and a vertically integrated firm sponsoring multifamily focused investment funds in the Southeast, mid-Atlantic, and Northwest regions (Merion Realty Partners). We just wanted to build a firm around our capital that would represent us as individual investors, in a way where we could take advantage of the market and take advantage of real estate investing and realize its true benefits. 5 Michael Richards (Cosmo Kramer) - $45 Million Though he delighted audiences everywhere as Kramer in Seinfeld, Michael Richards has had a few hiccups in his career along the way that have affected him for years after they occurred. Bill is on the marketing team, where he leads marketing strategy and produces creative assets for marketing campaigns including blog graphics, email templates, landing pages, and other branded materials. We think were positioned for more growth in the future out in Naperville. The markets been great for the last couple of years. Founded in 2007 by David Scherer and Michael Episcope, Origin is a leading manager. .. 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