Episode Details
Back to EpisodesJF3375: Julian Vogel - The Power of a Co-GP Strategy
Season 1
Episode 3375
Published 2 years, 3 months ago
Description
Julian Vogel, fund manager at Colony Hills Capital, shares his insights on the world of commercial real estate, specifically focusing on garden-style multifamily properties and innovative capital-raising strategies.
Key Takeaways:
- The Power of Co-GP Strategy: Julian discusses Colony Hills Capital's unique approach to raising capital through a co-GP (General Partner) strategy. By bringing together LP (Limited Partner) investors and deploying their funds alongside Colony Hills' principles and employees on a deal-by-deal basis, investors can enjoy outsized returns and diversification.
- Investor Confidence and Trust: Julian emphasizes the importance of building trust and confidence with investors. He highlights the significance of one-on-one Zoom or in-person meetings with potential investors, allowing them to connect with the sponsorship team and understand the strategy and underwriting of the deals.
- Top-Down Approach to Investing: Julian advises active real estate investors to take a top-down approach. Start by identifying markets or sub-markets with strong demographics, industries, and population growth. Then, dive into the deal specifics, analyzing cap rates, potential renovations, and expense reductions to maximize returns.
Julian Vogel | Real Estate Background
- Fund Manager at Colony Hills Capital
- Portfolio:
- Multifamily - $1.2 billion in total capitalization, +12,000 units, and 36 transactions
- Based in: Wilbraham, MA
- Say hi to him at:
- Best Ever Book: Ethics of our Fathers by Pirkei Avos
- Greatest Lesson: Invest using a top-down approach. So, look for markets or sub-markets where there's strong income, strong demographics, strong industry, etc. And that those industries are resilient to downturns in the market, like tech, distribution, medical, education.
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