Episode #031 - Building Relationships and Adding Value in Commercial Real Estate w/ Grant Gary from The Woodmont Company
Have you ever wondered how the big CRE firms get their business? It may be as simple as building relationships and adding value where you can. Today we have special guest Grant Gary from The Woodmont Company along with our hosts Brian Duck and Braden Cheek from The Criterion Fund, & Joel Thompson from Precision Equity going over how to win in the retail commercial real estate space.
Topics discussed:
Grant Gary from The Woodmont Company - Intro and Background into Woodmont. - Learn to be apart of the deal and be willing to work for next to nothing to learn.
Asset Management - Lenders and Special Services aren't typically in the business of running the real estate on their books. Woodmont adds value being an operator of over 26,000,000 sq' in 26 states across the country. The special servicer feels much more comfortable having someone like Woodmont managing their asset given their experience and current portfolio.
Acquisition Strategy - Learn to chase deals where YOU CAN ADD VALUE.
Learning to redevelop or repurpose old concepts that are no longer viable leads to potential massive upside.
Sample of Adding Value - Decreasing the amount of parking and creating Pads to create more traffic and cross shopping of customers. If done correctly this could have MASSIVE upside.
*Be Sure to check us out on Spotify and Apple Podcasts for the Audio version of today's episode!**
Links mentioned in this episode: Woodmont.com | DDChecklist.HowToInvestInCRE.com | Invest.HowToInvestInCRE.com | www.TheCriterionFund.com | www.HowToInvestInCRE.com |
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