
From Value Add Workforce Housing to on of Austin's Largest Apartment Developers | John Griggs
The Multifamily Investing Show with Michael Becker
Episode · 2 Plays
Episode · 2 Plays · 33:04 · Jan 20, 2021
About
On the eighth episode of The Multifamily Investing Show, Michael sits down with John Griggs, Co-Founder and Co-CEO of Presidium Group, a Texas based Multifamily investment frim with nearly 20,000 units under it's belt. A Stanford Graduate and Lawyer by Trade, John discusses how he gave up the Legal biz to become one of the Largest Multifamily Developers in one of America's Hottest Markets.Listeners will hear a discussion about the evolution John's company Presidium from it’s origins in repositioning difficult workforce housing assets in high crime locations to being the developer of one of Austin's highest profile multi-decade development projects. John shares how he feels that both Dallas and Austin economies are in what he describes as a “Super Cycle with decades of legs to it”. Himself being a California transplant, John discusses how the momentum moving to Texas is just relentless. Hear John discuss his optimistic outlook for the second half of 2021, where he expects a frenzy of economic activity. John also discusses the evolution of the private capital and the impact the new class of Multifamily Syndicators have had on our industry. Crowdfunding over the last few years, has really lead to the democratization of equity and the ability for small investors, individual investors to access quality operators and quality products. John Griggs, is a true visionary and leader in our industry. You will not want to miss this episode. Subscribe to this channel, please click here: https://www.youtube.com/channel/UCXyQ1MjvkZkrbiVqjWZzgwA?sub_confirmation=1Join Michael Becker, a Principal at SPI Advisory and a Dallas-based Multifamily Operator who has purchased over 10,000 apartment units and manages over $1 Billion in Assets. Join us as Michael interviews the top players in the world of multifamily brokerage, investment, financing, and economics.Michael Becker is a Principal at SPI Advisory LLC and heads SPI’s Dallas, Texas office. SPI Advisory specializes in repositioning multi-family assets. Through professional asset management and a high level of integrity, SPI Advisory increases the value of properties while improving the quality of life for its residents. SPI Advisory derives stakeholder value through hands-on asset management and construction oversight. Our exclusive multi-family focus enables better pricing of value and risk to identify projects with superior risk-adjusted returns.Prior to forming SPI Advisory, Michael was a 15-year veteran Commercial Real Estate Banker and has originated and managed numerous portfolios of permanent and bridge loans in all major asset classes. Over the last 5 years of his banking tenure, Michael focused exclusively on multi-family properties, where he was the number one loan producer for his division at a Top 3 National lender for his last 3 consecutive years.Michael is a lifelong resident of North Texas and a graduate of The University of North Texas with a BBA in Finance. Under Michael’s leadership, SPI Advisory has acquired over 10,000 units in the DFW & Austin markets.For more information about The Multifamily Investing Show, please simply visit Our Website - https://multifamilyinvestingshow.comLearn more about Michael's Firm, SPI Advisory: https://www.spiadvisory.com/.Appointments:https://m.me/multifamilyinvestingshowhttps://www.facebook.com/multifamilyinvestingshowEmail: support@spiadvisory.comAddress: 8226 Douglas Avenue, Suite 455 Dallas, TX 75225LET'S CONNECT!Contact Us: https://multifamilyinvestingshow.com/Facebook: https://www.facebook.com/multifamilyinvestingshowTwitter: https://twitter.com/MultifamilySInstagram: https://www.instagram.com/MultifamilyinvestingshowLinkedIn: https://www.linkedin.com/in/michael-becker-spiadvisory/Follow Michael on Social Media:Facebook: https://www.facebook.com/multifamilyinvestingshowYouTube: https://www.youtube.com/c/TheMultifamilyInvestingShowLinkedIn: https://www.linkedin.com/in/michael-becker-91540a58/The Multifamily Investing Show with Michael Becker official website:: https://multifamilyinvestingshow.com/#multifamily #themultifamilyinvestingshowwithmichaelbecker #investing #cashflow #passiveincome #realestateinvesting #multifamilyinvesting #apartmentinvesting #howtobuyapartments #michaelbecker #becker #spiadvisory #austinmultifamily #austinrealestate #dallasmultifamily #texasmultifamily #texasrealestate #development #realestatedevelopment
33m 4s · Jan 20, 2021
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