Adler Real Estate Partners is an entrepreneurial real estate company pursuing a vertically integrated niche strategy that invests in multitenant light industrial and related business parks. The Company is highly focused on a specific market sector, enabling it to generate favorable riskadjusted returns.

Formed in 2012 as an independent company, the firm carries in its DNA the successful 50year track record of acquiring and operating multitenant commercial real estate assets of Matthew Adler’s legacy family business, the Adler Group.

On this episode, Jake and Matt discuss:
How the fund investing model has changed risk appetite
Adding value as an operator
Matt’s investment strategy
Creating incentives and deal structures
Surviving without a promote
Raising capital

Connect & Invest with Jake:
Follow Jake on Twitter:   / jwurzak  
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Links:
Adler Real Estate Partners https://adlerpartners.com/
Solo Ep on fees    • #17: A Deep Dive on GP Fees  
Four Seasons Golden Triangle Thailand https://www.fourseasons.com/goldentri...

Topics:

00:00:00 Intro
00:01:10 The postcovid industrial space
00:04:23 Key moments in Matt’s career
00:08:21 GrosstoNet spread
00:09:43 How the fund investing model has changed risk appetite
00:13:57 Adding value as an operator
00:16:49 Matt’s investment strategy
00:26:54 Creating incentives and deal structures
00:30:57 Surviving without a promote
00:42:02 Raising capital
00:52:07 Characteristics of a successful reporting memo
00:55:21 Managing the business weekly
01:04:08 The 3 KPI’s that determine whether to pursue a deal
01:09:02 Acquisitions and investment size
01:11:33 Sourcing deals
01:14:09 Thoughts on debt
01:15:54 What’s your favorite hotel?