Episode Details

In this 37-minute episode, Derek Dombeck sits down with David Hansel, founder of Alpha Funding and Lucerne Capital Partners, for a deep dive into the evolution from single-family flips to commercial and industrial real estate investing. David shares his journey through market cycles, how he built a thriving lending business during the 2008 crash, and how he transitioned into managing over $300M+ in assets through funds and syndications.

You'll gain first-hand insights into hard money lending, fund management, and small-bay industrial investing — with actionable advice for both new and seasoned investors.

• How David built a successful hard money lending company during one of the toughest markets.

• The evolution from retail lending to institutional partnerships and fund structures.

• Why small-bay industrial properties are a hidden gem in today's market.

• How to structure funds and syndications that attract serious capital.

• What every borrower should know about lender ethics, underwriting, and costs.

• The mindset shift from flipping $50K homes to handling $50M+ commercial portfolios.

• Lessons from competitive sports (yes, diving!) that translate directly to business perfection and growth.

• Hard Money Lending vs. Private Money

• Raising Retail & Institutional Capital

• Risk Management and Underwriting in Changing Markets

• Fund Formation, Syndication, and Investor Relations

• Transitioning from Multifamily to Industrial Real Estate

• The Rise of Small-Bay Industrial Spaces

• Building Team Culture & Sustainable Growth

If you've ever wondered how to scale from single deals to managing millions in capital, or how seasoned investors navigate lending, funds, and market shifts — this episode delivers pure gold. David's perspective combines financial discipline, creative strategy, and practical wisdom every investor needs in today's climate.

• 00:00 – Derek's intro and how David entered real estate

• 03:00 – Founding Alpha Funding during the 2008 crash

• 08:30 – Raising capital and managing private investor funds

• 12:45 – How lending evolved with institutional money